Introduction to the Greek Economy

The factory of Fix, 1905, Photo:

Course ID: 
Year of Study: 
For Erasmus Students: 

Learning Outcomes

After successful completion of the course, students are expected to:

  • Have knowledge of the peculiarities of the Greek economy compared to the corresponding European ones
  • Are familiar with the course of macroeconomic aggregates and the overall evolution of the Greek economy over the period 1992-2015
  • Have the opportunity to evaluate the "growth" model of the Greek economy that has led to the financial crisis

Course Contents

Key Macroeconomic variables of the Greek Economy. Methods of measurement and time course.
The evolution of the Greek economy - From the rapid industrialization of 1953-1973 in the stagnation period 1973-1992 - Critical 15 years 1993-2008: From the Convergence Program 1994-2000 to the Eurozone - The international crisis as a catalyst for national developments - Chronicle of the   Greek economy 2010-2016 - Assessing the impact of the crisis on the key figures of the Greek economy - Interpretations of the Greek crisis.

Teaching Activities

Lectures (3 hours per week)

Teaching Organization


Semester workload


13X3 = 39 hours


111 hours

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

150 hours (total student work-load)


End of semester final written exam

Use of ICT

Use of IT in teaching, and in communication with the students (e-class).

Course Info

Current Tutors


Patronis Vassilis

Patronis Vasilis
Field of Expertise: 
Economic History - History of Economic Thought
Office Hours: 
Tuesday 12.00-14.00
Wednesday 13.00-15.00

Reading List

Reading Recommendations: 
Εισαγωγή στην ελληνική οικονομία, Βασίλειος Σ. Πατρώνης,