Economic Policy

Economic Policy, photo: Gerd Altmann

Course ID: 
Year of Study: 
For Erasmus Students: 

Learning Outcomes

At the end of this course, students will be able to:

  • Analyze macroeconomic developments in a structured way.
  • Formulate criticism of economic policy measures and interventions.
  • Critically examine the links between the different macroeconomic and microeconomic theories and economic policy options.
  • Know and critically analyze the main problems of macroeconomic and microeconomic policy at the European level.
  • Summarize and evaluate empirical work on economic policy issues.
  • Compare and contrast empirical work on the design of economic policy.
  • Critically analyze how microeconomic and macroeconomic theory influence the practical implementation of economic policy measures at national and European level.
  • Contribute to the design of economic policy as executives of competent institutions.

Course Contents

Introduction. Microeconomic Policies. The Common Agricultural Policy. Regional Policy / Cohesion Policy. Competition policy. Trade policy. Basic Macroeconomic Policy Tools. Key Elements of Monetary Integration. Perfect Monetary Areas. The European Monetary Union. Fiscal Policy and Stability Pact. The Financial Markets and the Euro. The Eurozone in Crisis.

Teaching Activities

Lectures (3 hours per week)

Teaching Organization


Semester workload


39 hours (3X13)

Private study

111 hours

Total number of hours for the Course (25 hours of work-load per ECTS credit)

150 hours (total student work-load)


I. Final written test based on multiple-choice questions (100%).

ΙΙ. Optional written scientific essay, based on the quality of which, the grade of the written final test can be increased by 1 to 2 points.

Use of ICT

Use of ICT in teaching and communication with students through the e-class platform

Course Info

Current Tutors


Goulas Eleftherios

Assistant Professor
Γούλας Ελευθέριος
Field of Expertise: 

Reading List

Bibliography Recommendations: 
- Τα οικονομικά της Ευρωπαϊκής Ολοκλήρωσης, 5η 'Εκδοση, Baldwin Richard - Wyplosz Charles, Καρφάκης I. Κωνσταντίνος (επιμ.),
- Οικονομική πολιτική, Βαβούρας Ι.,
- Σύγχρονη οικονομική, Scarth William, Μούτος Θωμάς (επιμ.), Λιανός Θεόδωρος (μετ.),