The regular scientific and methodological seminar of the Department of "Economics and Economic Relations" of Odlar Yurdu University was held. The seminar was attended by the Chairman of the Supervisory Board of Odlar Yurdu University, Member of Parliament (Milli Majlis), Professor Samir Valiyev, and the academic staff of the university.
Within the framework of the seminar, Aslan Azimzadeh, a lecturer at the department, delivered a presentation on the topic: "Investigation of the Investment-Output Proportion in Oil and Gas Production Using the Dynamic Least Squares Method: The Case of Azerbaijan."
During his presentation, Aslan Azimzadeh drew the participants' attention to the results of his research focusing on determining the interdependence between investments and output in the oil and gas sector, the application of dynamic modeling methods, and the scientifically grounded analysis of economic indicators. It was noted that the application of the Dynamic Least Squares method allowed for a more precise estimation of the investment-output proportion and the scientific forecasting of trends in the sector.
At the end of the seminar, an exchange of views on the topic took place, and the significance of the presented results for economic research was discussed.