Household Finance

6th or 8th Semester

At A Glance

Course Code

ΧΡΗΝΟΙ

Course Type

General Background

Teaching Language

Greek

Is the course offered to Erasmus Students?

Teaching Delivery

Face-to-face teaching

Use of Information and Communications Technology

The electronic platform is used for uploading the lecture materials.

Independent Teaching Activities

Type

Lectures

Weekly Teaching Hours

ECTS Credits

7,5

Course Outlines

🇬🇷 Greek

🇬🇧 English

External Links

Student Performance Evaluation

Written final examination in the Greek language. The examination includes multiple-choice questions, comprehension questions on the material, and problem-solving exercises.
Assignment

Learning Outcomes

Knowledge

Students are expected to acquire theoretical knowledge focusing on the household’s basic financial behaviour (saving, borrowing) and how this behaviour affects decisions regarding current and future consumption, as well as the decision to participate in the labour market.

Skills

Students are expected to develop skills in solving constrained optimization problems, evaluating investment opportunities, and making intertemporal consumption choices based on income and other constraints.

Competencies

Students are expected to be able to manage issues related to the optimization of intertemporal choices under constraints.

General Competences

Decision making
Independent work
Project planning and management

Syllabus

The consumer’s economic conditions
Consumer behaviour and the labour market
Consumer behaviour and financial markets
Consumer behaviour and goods preferences
Economic conditions and preferences – The optimization problem
Default as part of consumer behaviour
The optimization problem with more than one constraint

Bibliography

Microeconomics: An intuitive approach with calculus. T. J. Nechyba, 2^nd Edition.
Microeconomics. D. Besanko, R. R. Braeutigam, 4^th Edition.
Instructor’s notes

Undergraduate Courses

1st Semester