The department is actively involved in all activities of the Faculty. Its primary activities are related to teaching, scientific, and professional activities of members. The scientific activity is based on participating in scientific projects and publishing of scientific papers. Members publish scientific and professional papers and participate in scientific and professional conferences within the country and abroad, and also apply their scientific research within various scientific projects. The members of the Department also actively participate in the professional and European projects of the Faculty.

 The significance of the department is derived from the field of action. It synergically links two key areas of interest-international economy and development. The results of the research of the members of the department should contribute to Croatia's qualitative response to the dynamics of the international economy in the function of achieving development. The achievement of development is based on the qualitative transformation of all business segments and the affirmation of a knowledge-based value system (knowledge society) in the function of achieving the competitiveness of the Croatian economy, tourism, and individual business entities. That is why the department should strive to interact with other departments within and outside the Institute for national and international economy with a goal to educate future managers and implement their knowledge and competences in practice.