Political Economy
| Code | 9.1.3079.3 |
|---|---|
| Semester | 3rd |
| Category | Obligatory by selection |
| Credits | 3 |
| Class Hours - Lab Hours | 3 - 0 |
| Lecturers | Panagiotis Michailidis (School of AMPS), Κ.Κωνσταντάκης |
Description
Economics as a Social Science, Evolution of the Economic System, School of Thoughts, Economic Goods, Production Theory, Firms and Households, The role of the State, Total Production, Gross Domestic Product (GDP), Gross National Product (GNP), GDP/GNP measurement, Intermediate Goods, Value Added, Capital Depreciation, National Accounts, Price Index, Inflation, Unemployment, Phillips Curve, Determinants of Total Income, Consumption, Saving, Investment, Interest Rate, Market for Goods and Services, Equilibrium, Types of Equilibria, Open and closed Economy Models, The introduction of the State in Macroeconomic Models, The introduction of Taxes in Macroeconomic Models, Multipliers, Output Gap, Fiscal Policy, The Role of Money in Macroeconomics, Markets for Money, Money Supply, Money Demand, IS-LM model, General Equilibrium, Stability Analysis, Economic Fluctuations, Business Cycles, Phases of the Cycle, Economic Growth, Growth Models, The role of Technology.