Precision Calculations in Supersymmetric Theories

In this review article we report on the newest developments in precision calculations in supersymmetric theories. An important issue related to this topic is the construction of a regularization scheme preserving simultaneously gauge invariance and supersymmetry. In this context, we discuss in detail dimensional reduction in component field formalism as it is currently the preferred framework employed in the literature. Furthermore, we set special emphasis on the application of multi-loop calculations to the analysis of gauge coupling unification, the prediction of thelightest Higgs boson mass and the computation of the hadronic Higgs production and decay rates in supersymmetric models. Such precise theoretical calculations up to the fourth order in perturbation theory are required in order to cope with the expected experimental accuracy on the one hand, and to enable us to distinguish between the predictions of the Standard Model and those of supersymmetric theories on the other hand.