Introduction To Economics

LEARNING OUTCOMES

After the successful completion of the course, students are expected to:

• Know the basic concepts and principles of economics
• Understand the key indicators of economic growth and to be able to choose the most appropriate one
• Be aware of the relationship between the natural environment and economy
• Understand the content of rights in rem and the basic economic provisions of the Civil Code and tax legislation
• Be aware of potential partnerships (during the execution of projects and technical studies) and of the usual accounting obligations of engineers and be able to decide on relevant professional matters.
• Understand the current social and economic developments and be able to formulate well-founded arguments based on critical thinking
• Perceive the complexity of the institutions governing the Greek and the European economy

 

General Competences

• Search for, analysis and synthesis of data and information, with the use of the necessary technology
• Team work
• Working independently
• Working in an interdisciplinary environment
• Project planning and management
• Respect for the natural environment
• Criticism and self-criticism
• Production of free, creative and inductive thinking

 

SYLLABUS

1. Basic economic concepts. Analysis of different economic ideologies.
2. Markets, consumers and the economic problem. Demand and supply theories.
3. Economic sectors. Indicators
4. Growth vs development
5. Factors of production
6. Cost
7. Enterprises and companies
8. Macroeconomic approach: inputs and outputs, external trade, consumption, savings, investments, inflation etc.
9. Labour force. Unemployment.
10. Money and the financial system
11. International trade. Global market.

 

STUDENT PERFORMANCE EVALUATION

Language of evaluation: Greek
Methods of evaluation:

• Written exams at the end of the semester (multiple choice questionnaires, short-answer questions)
• Ability of conducting studies

 

ATTACHED BIBLIOGRAPHY

1. Vavouras Ioannis, ‘Economic Policy’, Papazisis Publishers, 2013.
2. Dalamagas Vasilis, ‘Introduction to public economics, Kritiki Publishing, 2010.
3. Parkin, Michael, Melanie Powell & Kent Matthews, ‘Econonomics, Kritiki Publishing, 2013.