Introduction to Economics (7 ECTS)

    Course Code: 
    6112
    Semester: 
    3rd
    Διδάσκων: 

    ACADEMIC SCHOLAR

    Introductory knowledge regarding the way microeconomics and macroeconomics operate, as well as the main problems they face. Also, introductory knowledge regarding basic concepts and sizes of the economy, how to measure and define them. Introduction: the Circular flow of income. The Scarcity problem. Institutional Framework. 

    Microeconomics theory: Supply and Demand, Balance and elasticity. Consumer behavior theory. Utility method and Indifference curves. Production and cost theory. Market structures forms: Perfect competition, Monopoly, Monopolistic competition, Oligopoly, other forms. General Economic Balance and Economics of Prosperity.

    Macroeconomics theory: National product and National income. Consumption. Saving. Investment. Multiplier. Production. Employment, Salaries. Defining income and employment. Money markets. Fiscal and Monetary policy. International trade and macroeconomics. About inflation and unemployment. Economic growth. The  State's role in solving macroeconomic problems.

    Recommended Reading

    • G. MANKIW, M. TAYLOR (2011) «ΑΡΧΕΣ ΟΙΚΟΝΟΜΙΚΗΣ ΘΕΩΡΙΑΣ» - Gutenberg  Γιώργος & Κώστας Δαρδανός
    • D. BEGG, S. FISCHER, R. DORNBUSCH (2006) “ΕΙΣΑΓΩΓΗ ΣΤΗΝ  ΟΙΚΟΝΟΜΙΚΗ” ΕΚΔΟΣΕΙΣ ΚΡΙΤΙΚΗ
    • Δημέλη Σ. (2010) «Μακροοικονομικά Μεγέθη και ανάπτυξη της Ελληνικής  Οικονομίας»