The Economics Research Centre (CypERC) belongs to the Department of Economics at the University of Cyprus.  The Centre aims at high quality policy-oriented research in economics. The CypERC is financed by Research Organisations in Cyprus and the European Union, through competitive funding procedures, and contributions from Governmental and other organizations.

CypERC has the necessary research infrastructure (suitably trained researchers, computer software and hardware, and constantly updated databases) to respond timely and effectively to research needs in a rapidly changing economy. The Centre also benefits from the expertise offered by established academics in Cyprus and abroad who participate in the research effort as Research Associates and Fellows.

CypERC aims at encouraging economists of high calibre to become involved in research on subjects of interest to the Cyprus economy. It also aims at serving as a channel for directing local and European research funds to economic research. Among the objectives of the CypERC is to study subjects of wider economic interest and publish articles in international academic journals.
The research activities at the CypERC are divided into the following Sectors:

• Microeconomic Analysis and Welfare
• Macroeconomic Forecasts and Analysis
• Employment
• Other Research Projects
The research output of the above sectors is disseminated by publications distributed to a large numbers of electronic subscribers. These publications are also placed in CypERC's webpage.
CypERC is managed by the Council and the Academic Council:

• The Council suggests topics for research and is composed by representatives of the University, the Government and the private organizations which contribute financially to CypERC.
• The Academic Council is composed by co-ordinators of research programs and oversees the organisation and execution of research.