ΠΙΘ612: Macroeconomics and International Economic System

  • Κωδικός / Course Code: ΠΙΘ612
  • ECTS: 15
  • Τρόποι Αξιολόγησης / Assessment: 2 Assignments (30%), Interactive activities (10%), Final exam (60%)
  • Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (χειμερινό) / Semi-annual (fall)
  • Κόστος/ Tuition Fees: 675 euro
  • Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
  • Προαπαιτούμενα/ Prerequisites: ΠΙΘ511: Political and Economic Theory ΠΙΘ521: Aspects of Greek and Cypriot History
  • Αναλυτική πληροφόρηση: PITH612_11.2023.pdf

The aim of the Module ΠΙΘ612 is to provide students with an essential technocratic background in certain selected aspects of macroeconomics and the international economic system. The acute financial crisis that affected Greece and Cyprus in recent years dramatically demonstrated the necessity of substantially deepening our understanding of certain areas of inquiry in the discipline of economics. A substantial knowledge background in the scientific fields under consideration is a condition sine qua non for a qualitative engagement with politics, either in the form of an active political involvement or in the form of an enhanced understanding of the economic affairs from the point of view of a political commentator, a publicist of a citizen. Within this framework, the Module ΠΙΘ612 aims to acquaint students with both the most crucial aspects of macroeconomics and the peculiarities of the international economic system. This latter part of the Module’s curriculum is of particular importance for promoting an appropriate assessment of the international economic relations, interconnections and players. The adequate understanding of international economic affairs is an essential precondition for realistically assessing the role of Greece and Cyprus within the broader international economic environment. The Module ΠΙΘ612 is divided in 4 Parts:

  • 1st Part: Elements of macroeconomic theory
  • 2nd Part: Fiscal and monetary policy
  • 3rd Part: International trade and globalization
  • 4th Part: International finance and economic organizations