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Tadas Šarapovas holds PhD in Economics since 2005. He has authored and co-authored 15 publications, including articles published in peer-reviewed journals, monographs, case studies. His research interests are focused on topics of microeconomics: business efficiency, business internationalization, and crisis diagnostics in a firm.
He has defended his doctoral thesis at the Kaunas University of Technology in 2005. The doctoral research project was aimed at investigating electronic commerce as a means for supporting an increase in the effectiveness of business processes. The topic of e-commerce impact on company effectiveness was further explored up until 2011. There were two studies published: one was focused on business-to-business electronic commerce models, while the other one was an investigation of electronic commerce success factors of the business-to-customer model, based on a survey of Lithuanian and Danish cases.
In 2013 T. Šarapovas got involved into a research of SME crisis management issues, which aims to develop an intervention model that would help companies to identify crises at an early stage as well as to serve as a tool to exit the crisis (Kurschus, Šarapovas, Cvilikas, 2015). The model under development is based on the set of financial indexes, so-called hard criteria, as well as a series of managerial indicators, named as soft criteria. Currently, the proposed model is tested empirically, company cases in Germany are being investigated.
In 2014 T. Šarapovas joined a project investigating internationalization processes and export efficiency: a survey of selected high-tech and traditional industry sectors. As a result, there was a series of research results published in 2015 co-authored with E. Autio, R. Kazlauskaitė, M. Gelbūda, and other colleagues.
Besides research T. Šarapovas was involved in other academic activities: supervising and reviewing final bachelor as well as master theses, advising on doctoral research papers, chairing final thesis defense committees. Since 2008 he has been delivering an introductory course on Microeconomics for undergraduate students. In 2011 T. Šarapovas was awarded the title of Associate Professor by the Senate of ISM University of Management and Economics.
Since 2000 T. Šarapovas was involved in business development projects that were dealing with production outsourcing from Danish SMEs to Lithuania, he was also working as a Director of a few SMEs operating in the transport and wood processing sector.
T. Šarapovas is a member of the Advisory Editorial Board of the Business Systems Research Journal published by DeGryuter, a member of Exports and International Relations Committee at Lithuanian Confederation of Industrialists, a member of Advisory Commission to the LRT Council at Lithuanian National Radio and Television, a member of Senate at ISM University of Management and Economics.
– International Business, Foreign Direct Investment, Business effectiveness
A bachelor’s thesis is an independent thesis that recapitulates and broadens the knowledge, skills and abilities gained during studies and validates the awarded bachelor’s degree in economics. In terms of the content and methods of analysis, the bachelor’s thesis directly and indirectly incorporates the subject matter of various disciplines into a single whole.
It is expedient to analyse relevant macroeconomic issues and issues of financial markets and institutions in the bachelor’s thesis. After choosing economic issues relevant to a company for analysis, it is recommended to carry out economic assessment of companies to justify their manufacturing or investment decisions. It is appropriate to analyse the optimisation problems of company activities.
The bachelor’s thesis is written in the eighth semester of studies; 15 ECTS credits are allocated to the thesis. The thesis can be written in either Lithuanian or English.
This course provides an introduction to analysis of economic behavior. The ability to predict market outcomes is indispensable not only for a sound business strategy but also for a meaningful public policy. The main focus of the course is on optimal decision making, understanding determinants of demand and supply, market equilibrium, strategic behavior, and welfare analysis. Introduction to choice under uncertainty and the general equilibrium analysis is also covered.
Aims of the course
The course should teach an analytical approach to the functioning of the market mechanism, economic behavior of market participants, market environment impact on competition, and business strategies. Students should acquire the skills and the ability to apply microeconomic analysis and optimization methods to a large variety of economic problems.