Duration: 3 hours per week - 13 weeks [ECTS: 6]

Course outline

The course offers a detailed analysis of the contemporary Greek economy. It starts with a comprehensive critical presentation of the historical development of the Greek economy over the past 200 years. The analysis spans from the early years of National Independence in the mid-19th century to the present day. Development process and growth performance, structural changes in national output, monetary developments, economic policies, external economic and trade relations, fiscal imbalances are among the issues discussed and analyzed from a critical perspective. Particular focus is placed on the modern Greek economy, its growth and fiscal performance, its structural characteristics and economic policies in the post-EU accession period and its Eurozone membership.

Learning Outcomes

Upon completion of the lectures, the students will be able to:

• Know and understand the salient characteristics both of the historical development of the Greek economy as well as its current comparative position within the EU and the developmental and fiscal challenges it faces
• Have acquired a critical perspective over the main issues and developments that characterise the modern Greek economy
• Critically discuss and analyze economic policies that have shaped the Greek economy and its performance
• Be aware of the challenges and opportunities for the Greek economy in the current international and European economic environment