Skip to content

Department of Banking and Financial Management

2nd Semester

Macroeconomics I

At A Glance
Course Code
ΧΡΜΑΚ01
Course Type
Core Course
Teaching Language
Greek
Is the course offered to Erasmus Students?
Yes (in English)
Teaching Delivery
Face-to-face
Use of Information and Communications Technology
Independent Teaching Activities
Type
Lectures
Weekly Teaching Hours
4
ECTS Credits
7,5
External Links
Student Performance Evaluation

Written final exam (100%) including:

  • Multiple choice questions.
  • Exercises and questions.
Learning Outcomes

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.
General Competences
  • Independent work.
  • Creative and analytical thinking.
  • Generation of new research ideas
Syllabus
  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.
Bibliography
  • N. Gregory Mankiw and Laurence M. Ball.  Μακροοικονομική και το Χρηματοπιστωτικό Σύστημα, Εκδόσεις Gutenberg, 2013.
Undergraduate Courses
1st Semester
Mathematics I
ΧΡΜΑΘ06
Microeconomics Ι
ΧΡΜΙΚ01
Regulation of Financial Markets
ΧΡΘΠΧ01
Statistics I
ΧΡΣΤΑ 01