Principles of Economics

Course Information
TitleΑρχές οικονομικών / Principles of Economics
FacultySocial and Economic Sciences
SchoolJournalism and Mass Communications
Cycle / Level1st / Undergraduate
Teaching PeriodSpring
CoordinatorGeorgios Tsourvakas
Course ID140000020

Programme of Study: UPS School of Journalism and Mass Communications (2010-today)

Registered students: 94
OrientationAttendance TypeSemesterYearECTS
GenericElective CoursesSpring-4
Mass CommunicationsElective CoursesSpring-4
JournalismElective CoursesSpring-4

Class Information
Academic Year2018 – 2019
Class PeriodSpring
Faculty Instructors
Instructors from Other Categories
Weekly Hours3
Total Hours39
Class ID
Course Type 2016-2020
  • Background
Course Type 2011-2015
General Foundation
Mode of Delivery
  • Face to face
Digital Course Content
Language of Instruction
  • Greek (Instruction, Examination)
Learning Outcomes
understand the principals of economics
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Adapt to new situations
  • Make decisions
  • Work autonomously
  • Work in teams
  • Work in an international context
  • Work in an interdisciplinary team
  • Generate new research ideas
  • Design and manage projects
  • Appreciate diversity and multiculturality
  • Respect natural environment
  • Demonstrate social, professional and ethical commitment and sensitivity to gender issues
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
Introduction to economic science. The economic problem. The economic circuit. Inflows and outflows. Microeconomics and macroeconomics. The law of demand and its determinants. Elasticity of demand. The law of supply and its determinants. Elasticity of supply. Production costs. The market equilibrium. The state intervention in the market. The calculation of earnings. Market forms. Perfect competition, monopolistic competition. oligopoly, monopoly. Gross national product. Economic development. Investments. Financial system and the functioning of banks. Unemployment and inflation, types and ways of fighting. Public finance, revenue and expenses. Budget. Economy, external uneconomic, economic crises, pension, distribution of income. Nationalization. Privatization. International economics, international trade. financial reporting
microeconomics, macroeconomics
Educational Material Types
  • Notes
  • Slide presentations
  • Video lectures
  • Book
Course Organization
Student Assessment
Student Assessment methods
  • Written Exam with Short Answer Questions (Formative)
  • Written Assignment (Formative, Summative)
  • Labortatory Assignment (Formative, Summative)
Course Bibliography (Eudoxus)
Κώττη και Κώττη (2004) Απλά οικονομικά για όλους, εκδόσεις Παπαζήσης
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