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From K-waves to artificial intelligence

The Institute of Economic Theory and Methodology of the Faculty of Economics organized a conference entitled Statistics+ Kondratyev.

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2025. September 18. / Frissítve: 2025. October 07. 03:31

The theme of the conference in 2025 is related to the work of Nikolai Dmitrievich Kondratiev (1892–1938). Kondratiev was a Russian economist who became known for his theory of long-term economic cycles. In the 1920s, based on empirical data, he recognized that the economy does not only operate in short and medium-term cycles, but also exhibits long-term fluctuations lasting 45–60 years. In his analyses, he used agricultural prices, industrial production, and foreign trade data to show that the economy follows a regular pattern of boom and bust cycles. The methodology used by Kondratyev was essentially a precursor to quantitative economics.

The current conference linked social science methods to current economic and social challenges, encouraging participants to discuss topics ranging from K-waves and the use of artificial intelligence to the long- and short-term effects of economic decisions.

The presentations and results presented will help us understand and address the social and scientific challenges of the future.

25-09-18_statisztika-konferencia (2)

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