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Department of Banking and Financial Management

Undergraduate Studies

Academic Year 2025-26

Macroeconomics I

2nd Semester

ΧΡΜΑΚ01

Course id

7,5

ECTS

Core Course

Course type

The course focuses on several models that are used by economists to assess the economic environment of a country.  It discusses the causes and mechanisms of long-term economic growth.  It also discusses the causes and mechanisms of short-term business cycles, especially recessions.  Several relevant government policies are examined in detail.

After the successful completion of the course, students will be able to:

  • Understand the basic tools and techniques of macroeconomics.
  • Understand the characteristics of long-term economic growth.
  • Understand the characteristics of short-term business cycles.
  • Discuss several relevant government policies.
  • Independent work.
  • Creative and analytical thinking.
  • Generation of new research ideas
  1. Gross Domestic Product (GDP).
  2. Measuring the Cost of Living.
  3. Economic Growth.
  4. Factor Markets.
  5. Saving, Investment and the Financial System.
  6. Unemployment.
  7. Business Cycles – The Keynesian Cross, the IS/LM Model.
  8. Aggregate Demand and Supply.
  9. Money and Inflation.
  10. Open Economy.