Course Information
FacultyEconomic and Political Sciences
Cycle / Level2nd / Postgraduate
Teaching PeriodWinter
CoordinatorAthanasios Kazanas
Course ID600014570

Programme of Study: PMS STA OIKONOMIKA (2018-sīmera) (MF)

Registered students: 0
OrientationAttendance TypeSemesterYearECTS
KORMOSCompulsory Course116

Programme of Study: PMS STA OIKONOMIKA (2018-sīmera) (PF)

Registered students: 14
OrientationAttendance TypeSemesterYearECTS
KORMOSCompulsory Course116

Class Information
Academic Year2018 – 2019
Class PeriodWinter
Faculty Instructors
Weekly Hours3
Class ID
Course Type 2016-2020
  • Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Face to face
Digital Course Content
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Instruction)
General Prerequisites
Sufficient knowledge of basic macroeconomic theory and policy tools in an open economy.
Learning Outcomes
The purpose of this course is to provide a comprehensive overview of the core ideas of macroeconomics by focusing on the macroeconomic model building. It offers students to the various models in macroeconomics including micro foundation of macroeconomics, work effort and production, consumption and investment modeling, labor market and unemployment theory, growth and real business cycle models, the open economy modeling, the modeling of monetary economy, the government sector modeling also the economic policy in theory and practice.
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Make decisions
  • Work autonomously
  • Work in teams
  • Work in an international context
  • Work in an interdisciplinary team
  • Generate new research ideas
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
The course is primarily concerned with two issues: (i) developing positive models in order to understand the dynamics of key macroeconomic variables such as output, employment, unemployment, inflation, interest rates, etc.; and (ii) deriving normative prescriptions for macroeconomic policymaking, in particular regarding the proper setting of fiscal and monetary policies.
Macroeconomic Analysis and Policies, Open Economies
Educational Material Types
  • Notes
  • Slide presentations
  • Book
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Laboratory Teaching
  • Use of ICT in Communication with Students
Course Organization
Reading Assigment30
Field trips and participation in conferences / seminars / activities14
Written assigments40
Student Assessment
Written examination: 60% Essay and presentation: 20% Oral Examination: 20%
Student Assessment methods
  • Written Exam with Short Answer Questions (Summative)
  • Written Exam with Extended Answer Questions (Summative)
  • Written Assignment (Summative)
  • Oral Exams (Summative)
  • Performance / Staging (Summative)
Course Bibliography (Eudoxus)
- David Romer, Advanced Macroeconomics, McGraw-Hill/Irwin, 2006 . - Heijdra, Ben J. and Van Der Ploeg, Foundations of Modern Macroeconomics, Oxford U.P., 2002 - Obstfeld, Maurice and Rogoff, Foundations of International Macroeconomics , MIT, 1996
Additional bibliography for study
Walsh, Carl E. Monetary theory and policy — 3rd edition, 2010
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