Course Information
FacultyEconomic and Political Sciences
Cycle / Level2nd / Postgraduate
Teaching PeriodSpring
CoordinatorAthanasios Kazanas
Course ID600014579

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

Registered students: 1
OrientationAttendance TypeSemesterYearECTS
KORMOSElective Courses216

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

Registered students: 12
OrientationAttendance TypeSemesterYearECTS
KORMOSElective Courses216

Class Information
Academic Year2018 – 2019
Class PeriodSpring
Faculty Instructors
Weekly Hours3
Class ID
Mode of Delivery
  • Face to face
Digital Course Content
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Instruction)
Learning Outcomes
Upon successful completion of this course, students will: - know in depth the debate around fundamental issues of modern monetary theory and policy; - become able to critically assess public opinions and arguments; - develop their analytical abilities and to be able for individual or group research.
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
  • Generate new research ideas
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
In this course we discuss the following three themes: A. Monetary policy in the traditional models investigating the impact of money on the real economic activity and inflation. B. Static and dynamic monetary policy theoretical games in closed and open economy (Barro - Gordon model): credibility of monetary policy , independence and transparency of the Central Bank. C.The conduct of monetary policy in the context of the European Monetary Union , the combination of monetary and fiscal policy (policy mix) in the European Monetary Union and the role of the labor market . Emphasis is placed on analytical and systematic presentation of the different economic models as well as the mathematical proof of theories and policy proposals .
Monetary Theory, Monetary Policy, Policy Games, Credibility, Independence, Transparency, European Central Bank
Educational Material Types
  • Notes
  • Slide presentations
  • Book
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
power point
Course Organization
Reading Assigment100
Written assigments20
Student Assessment
Written / Oral Examinations Individual / Group Work
Student Assessment methods
  • Written Exam with Multiple Choice Questions (Summative)
  • Written Exam with Short Answer Questions (Summative)
  • Written Exam with Extended Answer Questions (Summative)
  • Written Assignment (Summative)
  • Oral Exams (Summative)
  • Performance / Staging (Summative)
  • Written Exam with Problem Solving (Summative)
Course Bibliography (Eudoxus)
Carl Walsh , Monetary Theory and Policy, 2003 MIT University Press Ben Heijdra, Foundations of Modern Macroeconomics, Oxford Universtity Press, 2002
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