Sergey E. Pekarski
- Dean: Faculty of Economic Sciences
- Laboratory Head: Faculty of Economic Sciences / International Laboratory for Macroeconomic Analysis
- Professor: Faculty of Economic Sciences / Department of Theoretical Economics
- Tenured Professor (2014)
- Member of the HSE Academic Council
- Sergey E. Pekarski has been at HSE University since 1998.
Education and Degrees
Erasmus University Rotterdam
Thesis Title: Fiscal and Monetary Policy Interaction and the Sustainability of Public Debt
HSE University
HSE University, Economics
Moscow State Institute of Electronics and Mathematics, Applied Mathematics
According to the International Standard Classification of Education (ISCED) 2011, Candidate of Sciences belongs to ISCED level 8 - "doctoral or equivalent", together with PhD, DPhil, D.Lit, D.Sc, LL.D, Doctorate or similar. Candidate of Sciences allows its holders to reach the level of the Associate Professor.
Awards and Accomplishments
Best Teacher — 2021, 2015–2017, 2012–2013
Young Faculty Support Programme (Group of Young Academic Professionals)
Category "Future Professoriate" (2007)
Courses (2024/2025)
- Macroeconomics-2 (advanced course) (Bachelor’s programme; Faculty of Economic Sciences field of study Economics, field of study Applied Mathematics and Information Science; 3 year, 1, 2 module)Rus
- Macroeconomics: Additional Chapters (Master’s programme; Faculty of Economic Sciences field of study Economics, field of study Economics; 1 year, 4 module)Eng
- Macroeconomics: Additional Chapters (Mago-Lego; 4 module)Rus
- Past Courses
Courses (2023/2024)
- Macroeconomics-2 (advanced course) (Bachelor’s programme; Faculty of Economic Sciences; 3 year, 1, 2 module)Rus
- Macroeconomics: Additional Chapters (Postgraduate course; 2 year, 2 semester)Eng
- Macroeconomics: Additional Chapters (Mago-Lego; 4 module)Eng
- Macroeconomics: Additional Chapters (Master’s programme; Faculty of Economic Sciences; 1 year, 4 module)Eng
Courses (2022/2023)
- Macroeconomics of Financial Markets (Optional course (faculty); Faculty of Economic Sciences; 3 module)Rus
- Macroeconomics of Financial Markets (Mago-Lego; 3 module)Rus
- Macroeconomics-2 (advanced course) (Bachelor’s programme; Faculty of Economic Sciences; 3 year, 1, 2 module)Rus
- Mentor's Seminar "Macroeconomics" (Master’s programme; Faculty of Economic Sciences; 1 year, 1-4 module)Rus
- Mentor's Seminar "Macroeconomics" (Master’s programme; Faculty of Economic Sciences; 2 year, 1-3 module)Rus
Courses (2021/2022)
- Macroeconomics of Financial Markets (Master’s programme; Faculty of Economic Sciences; 1 year, 3 module)Rus
- Macroeconomics-2 (advanced course) (Bachelor’s programme; Faculty of Economic Sciences; 3 year, 1, 2 module)Rus
- Mentor's Seminar "Macroeconomics" (Master’s programme; Faculty of Economic Sciences; 1 year, 3, 4 module)Rus
Courses (2020/2021)
- Macroeconomics-2 (Bachelor’s programme; Faculty of Economic Sciences field of study Economics, field of study Economics; 3 year, 1, 2 module)Rus
- Research Project Seminar (Optional course (faculty); Faculty of Economic Sciences; 1-3 module)Rus
Supervisor of the following Doctoral theses
- 1K. Isakov Public Finance and Fiscal Policy under Financial Repression, 2022
- 2M. Elkina Impact of financial repression on private investment in a DSGE model: a comparison with conventional fiscal policy tools, 2021
- 3M. Mamedli Pension system and fiscal policy in an economy with heterogeneous agents, 2018
- 4Y. Polshikova Public debt and financial repression in an economy with heterogeneous agents
Balancing Corporate Governance Efficiency and Climate Risk Management
The annual conference ‘ESG Corporate Dynamics: The Challenges for Emerging Capital Markets’ 2024 has been held at the School of Finance. The event brought together over 20 scholars from leading universities in China, Egypt, Malaysia, and other countries.
The Faculty of Economic Sciences wishes colleagues and students a Happy New Year!
As we look forward to 2025, FES professors took part in preparing a joyful video message for both students and colleagues. In this sincere address, they convey their warmest wishes and congratulations, while sharing their aspirations for a year filled with hopes for fruitful endeavors and remarkable accomplishments!
‘I Hope You Have Entered the Economic Profession Consciously’
On November 11, 2024, the HSE Faculty of Economic Sciences hosted a celebration for Economist Day. Many of the university's partners came to congratulate HSE on the occasion. The atrium on Pokrovsky Bulvar hosted booths from VkusVill, Ozon, HeadHunter, Wildberries, and other leading companies. Students and professors participated in quizzes, spun the wheel of fortune, painted, and crafted.
10 Years of Championing International Education at HSE University
Oxana Budjko is often the first person many international students encounter as they embark on their journey at HSE University. As the Head of the International Office at the Faculty of Economic Sciences, she plays a pivotal role in recruiting international students and facilitating academic mobility for current students, studying economics and finance. With over 30 years of experience in international higher education and a rich background in education in economics, Budjko’s journey is as inspiring as it is impactful
Anti-Lectures, Jazz-Funk, and Drawing: HSE University Holds Economfest 2024
The Faculty of Economic Sciences celebrated its 32nd birthday. Students, graduates, teachers, and friends gathered for the traditional EconomFest at HSE University on Pokrovsky Bulvar. The event featured quizzes from language clubs, contests, lectures, and meetings with teachers. Festival guests enjoyed dancing, drawing lessons, new acquaintances and a three-tier cake, ie everything needed to make it a truly special event.
Faculty of Economic Sciences Welcomes New Partner Universities from Ghana
HSE University Faculty of Economic Sciences took an active part in International Partners’ Week, just finished at HSE. The week was attended by representatives of 23 countries, including the new partners of the Faculty of Economic Sciences - the University of Cape Coast and the University of Ghana. One of the purposes of the visit of representatives of Ghanaian universities was to sign the MOU’s with HSE University. Agreements will enable academic and cultural cooperation between universities, as well as establish academic exchanges.
International Students Meet the Faculty of Economic Sciences and HSE University Leadership
Masters students at the Faculty of Economic Sciences met the faculty Dean, Professor Pekarski, HSE Director for Internationalization Dr. Kisel, vice-dean Liudmila Zasimova and other staff on September 12. Meeting was organized by the Faculty of Economic Sciences International Office to introduce the staff and students, as well as students of various programs to each other
‘Education Is the Formation of Horizons and Economic Thinking’
What are the modern trends in economic education and how are they incorporated in HSE programmes? Why do economists need machine learning and artificial intelligence? Is it necessary to attend lectures and how can students get the most out of their bachelor's programme? How radical are the changes in economic laws that have occurred in recent years? These questions and many other topics were discussed by Sergey Pekarski, Dean of Faculty of Economic Sciences (FES), and interns of the Laboratory for Economic Journalism.
HSE University Comes Second in SuperJob Graduate Salary Ranking
SuperJob has published its annual ranking of Russian universities by salary earned by young professionals working in finance and economics. The ranking was based on data on university graduates for the period 2017–2022.
‘People Here Have Special Energy’: HSE University Faculty of Economic Sciences Celebrates Its 31st Birthday
The traditional EconomFest gathered students, staff, applicants, and friends of the Faculty of Economic Sciences in the HSE University building on Pokrovsky Bulvar. The event programme featured tours, contests, and treats alongside anti-lectures, networking, and congratulations from the faculty’s administration. The students shared extracurricular life tips with school children, and alumni looked for new colleagues among senior students.
Faculty of Economic Sciences Holds Online Mathematics Camp for Incoming Students
In the last two weeks of summer, the HSE University Faculty of Economic Sciences invites future bachelor’s and master’s students to prepare for their upcoming studies. More than 200 international and Russian applicants have signed up for online classes in mathematics, probability theory, and statistics. The classes also allow first-year students to advance their academic achievements, build a foundation for getting involved in the faculty’s research and project activity, and foster cooperation between Russian and foreign students.
‘One of HSE University’s Strategic Goals is to Make Quality Higher Education Accessible to Students from all Corners of Our Country’
The first graduation ceremony for the joint HSE University and Far Eastern Federal University (FEFU) Bachelor’s Programme in Economics took place in Vladivostok. 43 students were each awarded two diplomas. The programme, launched at the School of Economics and Management of Far Eastern Federal University in 2018, gives students the opportunity to master Russia's strongest programme and earn a diploma from HSE University without leaving the Far East. HSE University currently offers 11 double degree programmes at undergraduate and graduate level with nine Russian universities.
First Time in Three Years Graduation was Held in Person on Campus!
The last three years were absolutely unusual, which makes our new graduates even more special for us. We wish you all the required success in your careers and life!
HSE University Remains Leader in Four Subjects in AC Expert Research Productivity Rankings
HSE University has taken first place in four subjects in the research productivity ranking of Russian universities published by the Expert analytical centre. The university also placed in the top five in eight other subjects.
Anti-lectures, Cake and Soap Bubbles: HSE Faculty of Economic Sciences Celebrates Its 30th Anniversary
This year’s jubilee programme of Economfest turned out to be particularly eventful. Congratulations from university leaders, meetings with teachers, games, contests, quizzes, a job exchange with KPMG and Changellenge, as well as popcorn, cotton candy and cake were prepared for students, applicants and guests of HSE University.
Why Politicians Don't Listen to Economists: First Meeting of Economic Policy Club Takes Place at HSE University
Participants of the HSE Economic Policy Club discussed why politics often serves the interests of a small group of people to the detriment of the welfare of the majority of citizens, and also why the government ignores recommendations from economists. At the same time, economic policy always redistributes resources, and it isn’t possible to achieve the optimal solutions suggested by economic theory.
‘A Rector’s Mission Is to Act in the Interests of Students, Teachers, and Academics’
Nikita Anisimov was appointed Rector of HSE University early this July. In his address to HSE students and staff, he talks about his first working week, his short- and long-term plans, and the university’s vaccination efforts.
The New Master’s Standard: Opinion of the Academic Community
The new unified standard provides a general framework for developing Master’s programmes and delegates the determination of specific professional skills, types of career activities and key learning outcomes to programmes themselves, as well as recommending particular courses to students. Which tracks did programmes select? What are the opportunities and risks under the new standard? How much do students demand individualization and a project component in their education?The HSE Look posed these and other questions to the Dean of the Faculty of Economic Sciences and Academic Supervisors of three programmes offered at HSE University.
Lockdown by Algorithm: A Proposed Model Calculates Optimal Restriction Levels
During the pandemic, countries have endeavoured to protect their citizens without hurting their economies with excessive restrictions. At the seminar ‘Living with Covid-19: Optimal Lockdown Policies’, Hubert Kempf, academic supervisor of HSE University’s International Laboratory for Macroeconomic Analysis, presented a mathematical model that can be used to calculate the optimal level of restrictions.
HSE Ranks Among the World’s Top 50 Universities in Three QS Subject Rankings
HSE University has expanded its presence in the top 50 of QS subject rankings, placing in two additional subject rankings. HSE is represented in 4 of the 5 broad subject areas ranked by QS, and it has significantly improved its performance from last year in almost half of the individual subjects rankings in which it is included.
Economics and Economic Policy Master Program at HSE
Starting September 2021, master programs Applied Economics and Economics: Research Programme will merge to become tracks of the newly established program Economics and Economic Policy. Research track will be taught entirely in English, while in two other tracks - Economic Policy and Applied Economics, instruction will be available in English and Russian.
HSE University Enters THE Top 100 in Economics and Appears in Law Ranking for the First Time
HSE took 94th place in the THE ranking in Business & Economics, outperforming all the other Russian universities in this subject. In addition, the university entered the ranking in Law for the first time (151+ cohort), becoming the only Russian university represented there.
Erasmus University Rotterdam & HSE Celebrate 25 Years of Educational Cooperation in Economics
Students, faculty, and alumni of HSE University and Erasmus University Rotterdam gathered to celebrate the 25th anniversary of educational cooperation between the two universities. Attendees reminisced about the past, discussed the future, and explored career opportuntiies at a roundtable, 'Building a Career with EUR'. The newly renovated Pokrovka complex in Moscow was one of many surprises for the participants, which included representatives of Nuffic Neso Russia and Erasmus University alumni.
‘Don’t Be Afraid to Dream and Set New Goals for Yourself’
Every year HSE graduates get accepted to postgraduate schools at the world’s leading universities. Vladislav Semerikov is just now completing his fourth year in the Bachelor’s Programme ‘Economics’, and he has already been accepted to a PhD programme at Pennsylvania State University.
Sergey Pekarski Elected New Dean of Faculty of Economic Sciences
The HSE Academic Council announced that Sergey Pekarski, Head of the Department of Theoretical Economics, will take over as Dean of Faculty from Oleg Zamulin, who will join Sberbank’s Centre of Macroeconomic Research as Director. Professor Zamulin will retain his position of professor at the faculty and continue teaching.
12 HSE Professors Awarded Tenure
On September 26 twelve HSE faculty members were promoted to Tenured Professors.