Course Information
FacultySocial and Economic Sciences
Cycle / Level2nd / Postgraduate
Teaching PeriodSpring
CoordinatorDimitrios Psaltopoulos
Course ID600014573

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

Registered students: 7
OrientationAttendance TypeSemesterYearECTS
KORMOSCompulsory Course216

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

Registered students: 5
OrientationAttendance TypeSemesterYearECTS
KORMOSCompulsory Course216

Class Information
Academic Year2022 – 2023
Class PeriodWinter
Faculty Instructors
Class ID
Course Type 2021
Skills Development
Course Type 2016-2020
  • Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Face to face
  • Distance learning
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Instruction, Examination)
Required Courses
General Prerequisites
Very good background in economic theory and quantitative methods. Satisfactory background in development economics
Learning Outcomes
the students during the cource will • comprehend the different theoretical approaches to economic issues • link the theory with the current economic policies • better understand economic terms and analysis of current problems • learn different ways to collect and analyse data • practice in analysisn and interpreting economic information
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
  • Generate new research ideas
Course Content (Syllabus)
1. What is development? Theory and Practice 2. Poverty and economic growth 3. Inequality 4. Economic growth - the macroeconomic level 5. Endogenous economic growth 6. Education and transition from school to work 7. Labor market, informal sector, immigration 8. Institutions and Governance 9. Development Aid 10. Financial Services 11. Development Policy Impact Assessment
Growth, sustainable development, unemployment,
Educational Material Types
  • Notes
  • Slide presentations
  • Interactive excersises
  • Book
  • Academic articles
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Communication with Students
For teaching the course and communitating with students the following means are used: power point presentation, e-mails, and computer packages such as Word, MatLab, Eviews, Excel, as well as elearning (moodle) and telecommunications (zoom)
Course Organization
Reading Assigment20
Written assigments30
Student Assessment
Class participation: 25% Presentation of research article: 25% Written essay (3000 words): 35% Final exam: 15%
Student Assessment methods
  • Written Exam with Extended Answer Questions (Formative, Summative)
  • Written Assignment (Formative, Summative)
  • Performance / Staging (Formative, Summative)
  • Report (Formative, Summative)
Course Bibliography (Eudoxus)
1. A. de Javry, E. Sadoulet, Οικονομική της Ανάπτυξης, εκδ. Γ. & Κ. Δαρδανός, Αθήνα 2020. 2. Weil, N.D. 2012. Οικονομική Μεγέθυνση. Λευκωσία, Broken Hill Publishers Ltd. 3. Rodrik, D. 2013. The Past, Present, and Future of Economic Growth. Global Citizens Foundation, Working Paper 1. 4. World Bank (various years). World Development Report. Washington DC, The World Bank. 5. United Nations. 2015. Transforming our World: The 2030 Agenda for Sustainable Development. New York, United Nations. 6. Lin, J.Y. 2012. New Structural Economics. Washington DC, The World Bank. 7. Ocampo, J.A., Rada, C. and Taylor, L. 2009. Growth and Policy in Developing Countries: A Structuralist Approach. New York, Columbia University Press
Additional bibliography for study
o Ray, D. 2010. Uneven Growth: A Framework for Research in Development Economics, Journal of Economic Perspectives 24, No. 3, 45-60. o Rosenzweig, M. (2012) Thinking Small: Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. Journal of Economic Literature, 50: 115-127. o Chen, S. and Ravallon, M. (2010). The Developing World is Poorer than We Thought, But No Less Successful in the Fight Against Poverty. The Quarterly Journal of Economics, 125: 1577-1625. o World Bank (2020). Poverty and Shared Prosperity: Reversals of Fortune. World Bank: Washington DC. o Ravallion, M. (2001). Growth, Inequality and Poverty: Looking Beyond Averages. World Development, 29: 1803-1815. o Milanovic, B. (2013). Global Income Inequality in Numbers: in History and Now, Global Policy, 4: 198-208. o Forbes, K. (2000). A Reassessment of the Relationship Between Inequality and Growth, American Economic Review, 90: 869-887. o Mookherjee, D. and Ray, D. (2003). Persistent Inequality, Review of Economic Studies, 70: 369-393. o Benabou, R. (2000). Unequal Societies: Income Distribution and the Social Contract, American Economic Review, 90: 96-129. o Duflo, E. (2001). Schooling and Labor Market Consequences of School Construction in Indonesia: Evidence from an Unusual Policy Experiment. American Economic Review, 91: 795-813. o Krueger, A. B. and Lindahl, M. (2001). Education for Growth: Why and for Whom? Journal of Economic Literature, 39: 1101-1136. o Schultz, T.P. (2004). School Subsidies for the Poor: Evaluating the Mexican Progresa Poverty Program. Journal of Development Economics, 74: 199-250. o Erosa, Α., Koreshkova, Τ. and Restuccia, D. (2010). How Important Is Human Capital? A Quantitative Theory Assessment of World Income Inequality. Review of Economic Studies, 77:1421-1449 o Benhassine, N., Devoto, F., Duflo, E., Dupas, P. and Pouliquen, V. (2015). Turning a Shove into a Nudge? A "Labeled Cash Transfer" for Education. American Economic Journal: Economic Policy, 7: 86–125. o Duflo, E., Dupas, P. and Kremet, M. (2021). The Impact of Free Secondary Education: Experimental Evidence from Ghana. Working Paper 28937. NBER: Cambridge MA. o de Haas, H. (2008). Migration and Development: A Theoretical Perspective. Working Paper 9. International Migration Institute, University of Oxford: Oxford. o Maloney, W. F. (2004). Informality Revisited. World Development, 32: 1159‐1178. o Kingdon, G. and Knight, J. (2007). Unemployment in South Africa, 1995–2003: Causes, Problems and Policies. Journal of African Economies, 16: 813–848. o Bacchetta, M., Ekkehard, E, and Bustamante, J. P. (2009) Globalization and Informal Jobs in Developing Countries. WTO and ILO: Geneva. o Clemens, M. A. (2011). Economics and Emigration: Trillion-Dollar Bills on the Sidewalk? Journal of Economic Perspectives, 25: 83-106. o Clemens, M. A. and Pritchett, A. (2016). The New Economic Case for Migration Restrictions: An Assessment. IZA Discussion Paper No. 9730: Bonn. o Khan, M. H. (2012). Governance and Growth: History, Ideology and Methods of Proof. In: Noman, A., Botchwey, K., Stein, H. and Stiglitz, J. (eds.). Good Growth and Governance in Africa: Rethinking Development Strategies. Oxford University Press: Oxford, pp. 51-79. o Acemoglu, D., Johnson, S. and Robinson, J. A. (2002) Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution. The Quarterly Journal of Economics, 117: 1231-1294. o Joshi, D. K., Hughes, B. B. and Sisk, T. D. (2015). Improving Governance for the Post-2015 Sustainable Development Goals: Scenario Forecasting the Next 50 Years. World Development: June 2015. o Hynes, W. and Scott, S. (2013). The Evolution of Official Development Assistance: Achievements, Criticisms and a Way Forward. OECD Development Co-operation Working Papers, No. 12, OECD Publishing. o Easterly, W. (2003). Can Foreign Aid Buy Growth? Journal of Economic Perspectives, 17: 23-48. o Clemens, M. A., Radelet, S., Bhavnani, R. R. and Bazzi, S. (2011). Counting Chickens when they Hatch: Timing and the Effects of Aid on Growth. Working Paper No. 44. Center for Global Development: Washington DC. o Lucas, R. (1990). Why Doesn't Capital Flow from Rich to Poor Countries?, American Economic Review, 80: 92-96 o Emara, N. and Moheildin, M. (2020). Financial Inclusion and Extreme Poverty in the MENA Region: A Gap Analysis Approach. MPRA Paper No. 99255. Munich. o World Bank (2015). Agricultural Risk Management in the Face of Climate Change. Discussion Paper 09 – Agriculture Global Practice. World Bank: Washington DC. o Larson, D. F., Anderson, J. R. and Varangis, P. (2004). Policies on Managing Risks in Agricultural Markets. The World Bank Research Observer, 19: 199-230. o Udry, C. (1994). Risk and Insurance in a Rural Credit Market: An Empirical Investigation in Northern Nigeria. Review of Economic Studies, 61: 495-526. o Morduch, J. (1999). The Microfinance Promise. Journal of Economic Literature: 37: 1569-1614. o Burgess, R. (2005). Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment. American Economic Review, 95: 780-795. o Dupas, P. and Robinson, J. (2013). Why Don't the Poor Save More? Evidence from Health Savings Experiments. American Economic Review, 103: 1138-1171. o Gertler, P. J., Martinez, S., Premand, P., Rawlings, L. B. and Vermeersch, C. M. J. (2016). Impact Evaluation in Practice. Second Edition. The World Bank: Washington DC. o Bédécarrats, F., Guérin, I. and Roubaud, F. (2017). All that Glitters is not Gold: The Political Economy of Randomized Evaluations in Development. Development and Change, 50: 735-762.
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