Political Economy

Course: Political Economy
Course Number: 30
Time:
Prerequisites:
Credits: 6
Room:
Day:
Component(s):
Map: Map
  1. GENERAL
FACULTY SOCIAL, POLITICAL AND ECONOMIC SCIENCES
DEPARTMENT SOCIAL POLICY
LEVEL OF STUDIES LEVEL 6
COURSE CODE 30 SEMESTER 1st  & 3rt
COURSE TITLE Political Economy
TEACHINGACTIVITIES
If theECTSCreditsaredistributedin distinct partsofthecoursee.g. lectures, labsetc. IftheECTSCreditsareawardedto the wholecourse, thenplease indicate the teaching hours per week and the corresponding ECTS Credits.		 TEACHING HOURS PER WEEK ECTS CREDITS
  3 6
Please, add lines if necessary.Teaching methods and organization of the course are described in section 4.    
COURSE TYPE

Background, GeneralKnowledge, Scientific Area, Skill Development

 Scientific Area
PREREQUISITES:

 

 ΝΟ
TEACHING & EXAMINATION LANGUAGE: GREEK
COURSE OFFERED TO ERASMUS STUDENTS: NO
COURSE URL:  
  1. LEARNING OUTCOMES
Learning Outcomes
Please describe the learning outcomes of the course: Knowledge, skills and abilities acquired after the successful completion of the course.
  • The aim of the course is to introduce and analyze the basic issues of the political economy. The course, after the introduction to the concepts and methodological approaches of the subject, focuses on the analysis on the relationship of the political economy, with the development and functioning of the institutions that affect the development and functioning of the economic system and economic life.  Particular emphasis will be placed on the analysis of the main trends that influenced economic science, as well as on the analysis of the basic issues of microeconomics and macroeconomics
  • At the completion of the course, students should be able to:
  • (a) understand the correlation between the political economy and the development of Capitalism;
  • (b) Know the basic theoretical approaches of political economy;
  • (c) understand the basic elements of the Microeconomics and Macroeconomics
General Skills
Name the desirable general skills upon successful completion of the module
Search, analysis and synthesis of data and information,

ICT Use

Adaptation to new situations

Decision making

Autonomous work

Teamwork

Working in an international environment

Working in an interdisciplinary environment

Production of new research ideas

 Project design and management

Equity and Inclusion

Respect for the natural environment

Sustainability

Demonstration of social, professional and moral responsibility and sensitivity to gender issues

Critical thinking

Promoting free, creative and inductive reasoning
Adaptation to new situations, Decision making, Autonomous work, Teamwork, Working in an interdisciplinary environment, Equity and Inclusion, Sustainability, Critical thinking, Promoting free, creative and inductive reasoning
  1. COURSE CONTENT
  1. Introduction: The context of political economy
  2. The Development and Evolution of Capitalism
  3. Key Theorists: Adam Smith, Karl Marx, Joseph Schumpeter, Amartya Sen
  4. Supply and Demand
  5. Wages and Work
  6. Inequality and Poverty
  7. Theories on Economic Growth, Economic Development and Modernization
  8. Neo-Marxist Theories: Development of Underdevelopment
  9. Monopoly Capitalism
  10. Paternalistic Capitalism
  11. International Division of labour and multinational corporations
  12. Economic crises and dominant economic policy
  13. Methodological conclusions
  1. LEARNING & TEACHING METHODS – EVALUATION
TEACHING METHOD
Face to face, Distance learning, etc.		 Face to face
USE OF INFORMATION & COMMUNICATIONS TECHNOLOGY (ICT)
Use of ICT in Teaching, in Laboratory Education, in Communication with students		 Power Point Slides

Posting key elements of the course in the e-class.
TEACHING ORGANIZATION

The ways and methods of teaching are described in detail.

Lectures, Seminars, Laboratory Exercise, Field Exercise, Bibliographicresearch& analysis, Tutoring, Internship (Placement), Clinical Exercise, Art Workshop, Interactive learning, Study visits, Study / creation, project, creation, project. Etc.

 

The supervised and unsupervised workload per activity is indicated here, so that total workload per semester complies to ECTS standards.
Activity Workload/semester
Lectures:  During lectures the material is developed through theory and examples. Lectures are held in an interactive manner, mainly through question-and-answer method. Moreover, students are divided in groups in order to promote interventions and to sharpen their critical capacity.

 

 75
Seminars:  During their duration, specific topics are presented and analyzed. The Seminars focus on interdisciplinary, as the analysis of the relationship between the theories of political economy and the development of the institutions is based on knowledge of political science, political economy, public finances and state theory in order to enable students to understand the development of the basic economic theories. 60
Project: The writing of case studies and /or book reviews leads to the learning, understanding and finally to comprehend the basic theories of the political economy. 15
   
   
   
   
Total 150
Student Evaluation

Description of the evaluation process

 

Assessment Language, Assessment Methods, Formative or Concluding, Multiple Choice Test, Short Answer Questions, Essay Development Questions, Problem Solving, Written Assignment, Essay / Report, Oral Exam, Presentation in audience, Laboratory Report,Clinical examination of a patient,Artistic interpretation, Other/Others

 

Please indicate all relevant information about the course assessment and how students are informed 

 

Written Assignment or Oral Exam

 
  1. SUGGESTED BIBLIOGRAPHY
 

Bowles, S., Edwards, R. & Roosevelt, F., (2014), Understanding Capitalism: Competition, Command, and Change, Athens: Gutenberg (in Greek).

Vlachou, A. (ed.), (2009), The Political Economy of Capitalism, Athens: Kritiki (in Greek).

Ashton, T., (2007), The Industrial Revolution, Athens: Topos (in Greek)

Baran, P., & Sweezy, P., (1990), Monopoly Capital: An Essay on the American Economic and Social Order, Athens, Gutenberg (in Greek).

Baran, P., (1980), The Political Economy of Planned Economy, Athens: Kalvos (in Greek)

Baran, P., (1977), The Political Economy of Growth, Athens: Kalvos (in Greek)

Varoufakis, G., (2011), Global Minotaur: The Real Causes of the Crisis, Athens: A.A. Livanis (in Greek)

Georgakopoulos, Th., Lianos, Th., et.al (1991), Introduction to Political Economy, Piraeus: A. Stamoulis (in Greek)

Gillis, M., Perkins, H.D, Roemer, M., & Snodgrass, R.D, (2001), Economics of Development, Athens: Gutenberg (in Greek)

Keynes. M.J., (2009), The Economic Consequences of Peace, Athens: Papazisi, (in Greek).

Keynes. M.J., (2001), The General Theory of Employment, Interest and Money, Athens: Papazisi, (in Greek).

Martinussen, J., (2007), Society, State and Market. A Guide to Competing Theories of Development, Athens, Savvalas (in Greek).

Marx, K., (1984), Value, Price and Profit, Athens: Themelio (in Greek)

Marx, K., (1984), Wage Labour and Capital, Athens: Themelio (in Greek)

Papandreou, Α., (1974), Paternalistic Capitalism, Athens: Karanasi (in Greek)

Piketty, T., (2007), The Economics of Inequality, Athens: Polis (in Greek)

Rousseau, J.J., (2004), A Discourse of Political Economy, Athens: Savvalas

Schumpeter, J.A., (2006), Capitalism, Socialism and Democracy, Athens: Papazisi (in Greek)

Sweezy P., (2004), The Theory of Capitalist Development. Principles of Marxist Political Economy, Athens: Gutenberg (in Greek)