Economic Analysis IΙ


  1. GENERAL
SCHOOL SOCIAL POLITICAL AND ECONOMIC SCIENCES
DEPARTMENT SOCIAL POLICY
LEVEL OF STUDIES LEVEL 6
COURSE CODE 15 SEMESTER 2nd
COURSE TITLE ECONOMIC ANALYSIS II
TEACHING ACTIVITIES
If the ECTS Credits are distributed in distinct parts of the course e.g. lectures, labs etc. If the ECTS Credits are awarded to the whole course, then please 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, General Knowledge, Scientific Area, Skill Development

Background
PREREQUISITES: NO
TEACHING & EXAMINATION LANGUAGE: GREEK
COURSE OFFERED TO ERASMUS STUDENTS: YES
COURSE URL: https://eclass.duth.gr/courses/KOM09102/
  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 study the economy of a country as a whole. At first, basic macroeconomic figures and the national accounts theory are presented. The analysis distinguishes between nominal and real GDP and presents the way of calculating the consumer price index. An introduction to the theory of consumption, savings and investment follows and the equilibrium level of income is determined. The multipliers of public expenditure, taxation and investment are identified. An introduction to the monetary system is then made and the money market equilibrium is determined. Finally, the concepts of unemployment and inflation are presented.

Upon completion of the course, students should be able to:

(a) calculate the basic macroeconomic and national accounts elements, as well as the consumer price index

(b) convert GDP from current to constant prices

(c) determine both algebraically and diagrammatically the equilibrium level of income

(d) calculate the multipliers of public expenditure, taxation and investment

(e) determine the equilibrium level in the money market

(f) understand the concepts of unemployment and inflation

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

Search, analysis and synthesis of data and information,

ICT Use

Decision making

Working in an international environment

Working in an interdisciplinary environment

Critical thinking

Promoting free, creative and inductive reasoning

  1. COURSE CONTENT
Introduction to Macroeconomics

Ø  National accounts

Ø  The cost of living

Ø  Consumption and Savings Theory

Ø  Investment theory

Ø  Equilibrium level of income

Ø  Multipliers

Ø Monetary Theory and Banking

Ø  Central bank and monetary system

Ø  Unemployment

Ø  Inflation

  1. LEARNING & TEACHING METHODSEVALUATION
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
1. Use of power point during lectures.

2. Posting of teaching material, bibliography, slides, exercises, notes, outline and evaluation methods of the course on e-class.

3. Use of polls, brainstorming, mentimentor, breakout rooms or creation of working groups during lectures.

TEACHING ORGANIZATION

The ways and methods of teaching are described in detail.

Lectures, Seminars, Laboratory Exercise, Field Exercise, Bibliographic research & 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
1. Lectures: During the lectures, the material is presented both theoretically and with the use of examples. The lectures take place in an interactive way, in order to favor the interventions of students and to sharpen their critical ability, in which is given special emphasis. 100
2. Tutoring: During the tutorials, exercises are solved, examples are presented and questions of students are answered for better comprehension of the course material.
3. Invitation of speakers from public bodies and organizations related to the thematic units of the course.
Homework 30
Problem solving 20
Course 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 

 

A written examination at the end of the semester (100%).

Includes Multiple Choice Test, Right-wrong Test, Short Answer Questions and Problem Solving.

 

 

  1. SUGGESTED BIBLIOGRAPHY
Compulsory

• Gruber, J. 2017. Public Economics and Policy. 1st edition. Athens: da Vinci Publications.

• Course notes

• Lectures’ notes

• Lectures’ slides

 

Optional

• Stiglitz, J. and Rosengard, J. 2019. Public Economics, 2nd edition. Athens: Kritiki Publications.

• Rosen, H. and Gayer, T. 2011. Public Finance. First Edition. Athens: Kritiki Publications.

• Georgakopoulos, Th. 2012. Introduction to Public Finance. 4th Edition. Athens: Benou Publications.

• Hillman, A. 2013. Public Economics and Public Policy. Athens: Papazisis Publications.

• Karagiorgas, D., P. 1981. The Economic Functions of the State. Athens: Papazisis Publications.

 

 

ANNEX OF THE COURSE OUTLINE

 

Alternative ways of examining a course in emergency situations

 

Teacher (full name):
Contact details:
Supervisors: (1)
Evaluation methods: (2)
Implementation Instructions: (3)
  • Please write YES or NO
  • Note down the evaluation methods used by the teacher, e.g.
  • written assignment or/and exercises
  • written or oral examination with distance learning methods, provided that the integrity and reliability of the examination are ensured.
  • In the Implementation Instructions section, the teacher notes down clear instructions to the students:
  1. a) in case of written assignment and / or exercises: the deadline (e.g. the last week of the semester), the means of submission, the grading system, the grade percentage of the assignment in the final grade and any other necessary information.
  2. b) in case of oral examination with distance learning methods: the instructions for conducting the examination (e.g. in groups of X people), the way of administration of the questions to be answered, the distance learning platforms to be used, the technical means for the implementation of the examination (microphone, camera, word processor, internet connection, communication platform), the hyperlinks for the examination, the duration of the exam, the grading system, the percentage of the oral exam in the final grade, the ways in which the inviolability and reliability of the exam are ensured and any other necessary information.
  3. c) in case of written examination with distance learning methods: the way of administration of the questions to be answered, the way of submitting the answers, the duration of the exam, the grading system, the percentage of the written exam of the exam in the final grade, the ways in which the integrity and reliability of the exam are ensured and any other necessary information.

There should be an attached list with the Student Registration Numbers only of students eligible to participate in the examination.

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