On this page you will find useful information regarding the Degree in Economics. More information is available in the Undergraduate Prospectus.
Structure and Requirements |
In order to graduate with a Degree in in Economics students must complete at least 240 ECTS. The Economics program is flexible and allows students to either pursue general studies in economics or to specialize by choosing either a major or another minor. Specifically, students have the following options:
- General Curriculum
- Specialization in Economic Theory and Econometrics (ETE)
- Specialization in International, European and Economic Studies (IEES)
- General Curriculum with a Minor in a different field
All options above result in a Degree in Economics.
The breakdown of credit units (ECTS) of the program for each specialization is shown in the table below:
General
Curriculum
|
Specialization
ETE
|
Specialization
IEES
|
General +
Minor
|
|
Compulsory Courses | ||||
Economics Department | 89 | 95 | 89 | 89 |
Other Departments | 39 | 39 | 39 | 39 |
Restricted Elective Courses | ||||
Economics Department | 66 | 60 | 42 | 42 |
Economics or other Departments | 24-26 | 24-26 | ||
Other Departments | 50 | 48-50 | ||
Unrestricted Electives | 20-22 | 20-22 | 20 | 20-22 |
Total | 240 | 240 | 240 | 240 |
Minimum ECTS from ECO | 155 | 155 | 131 | 131 |
The first three semesters of study are common to all students. In the fourth semester two groups of microeconomic, macroeconomic and econometric courses are offered: ECO 261/262/263 for students who choose the ETE specialization and ECO 251/252/253 will for all other students. Students who choose the IEES or Minor will be able to start choosing electives in the fourth semester.
Requirements for each specialization are presented in detail below.
General Curriculum |
- At least 155 ECTS must be in the Department of Economics (courses with code ECO) and concern compulsory ECO courses (89 ECTS) and restricted elective ECO courses (11 courses x 6 ECTS = 66 ECTS).
- At least 24 ECTS can be either from the Department of Economics or from the list of restricted elective courses from other departments.
- At least 20 ECTS must be elective courses taken from at least three different faculties of the University. Students are entitled to attend Sport courses up to 6 ECTS.
- 24 ECTS must be come from courses MAS001, MAS061, CS003 and CS032, which students attend during the first year of studies.
- 15 ECTS must be from the English Language courses (LAN 100, LAN 101, LAN 209).
* The sum of the minimum ECTS of requirements 1-5 is 238 ECTS. Therefore, one more course would have to be taken from requirements 1-3 in order to complete at least 240 ECTS that are required for the degree.
1st YEAR | ||
1st Semester | ECTS | |
ECO 111 | Principles of Microeconomics | 7 |
ΜΑS 001 | Mathematics I | 6 |
ΜΑS 061 | Statistical Analysis | 6 |
CS 003 | Computer Science and Information Systems | 6 |
LAN 100 | General Advanced English | 5 |
2nd Semester | ||
ECO 121 | Principles of Macroeconomics | 7 |
ECO 112 | Application of Quantitative Methods in Economics (MAS 061) | 7 |
ECO 113 | Mathematics for Economists I (MAS 001) | 7 |
LAN 101 | Academic English | 5 |
CS 032 | Introduction to Computer Science & Information Systems | 6 |
2nd YEAR | ||
3rd Semester | ||
ECO 211 | Microeconomic Theory (ECO 111) | 7 |
ECO 221 | Macroeconomic Theory (ECO 121) | 7 |
ECO 222 | Introduction to Econometrics (ECO 112) | 7 |
ECO 223 | Mathematics for Economists II (ECO 113) | 7 |
4th Semester | ||
ECO 251 | Topics in Microeconomics (ECO 211) | 7 |
ECO 252 | Topics in Macroeconomics (ECO 221) | 7 |
ECO 253 | Econometric Methods (ECO 222) | 7 |
LAN 209 | Advance English for Global Communications | 5 |
1 elective course | 5 | |
3rd YEAR | ||
5th Semester | ||
4 restricted elective courses (4 x 6 ECTS) | 24 | |
1 elective course | 6 | |
6th Semester | ||
4 restricted elective courses (4 x 6 ECTS) | 24 | |
1 elective course | 6 | |
4th YEAR | ||
7th Semester | ||
ECO 397 | Research Methods in Applied Economics I (ECO112, ECO211, ECO221) | 6 |
4 restricted elective courses (4 x 6 ECTS) | 24 | |
8th semester | ||
ECO 497 | Research Methods in Applied Economics II (ECO497) | 6 |
3 restricted elective courses (3 x 6 ECTS) | 18 | |
1 elective course | 5 | |
Note: Courses in brackets are prerequisites |
Specialization in Economic Theory and Econometrics (ETE) |
- At least 155 ECTS must be in the Department of Economics (courses with code ECO) and concern compulsory ECO courses (95 ECTS) and restricted elective ECO courses (10 courses X 6 ECTS= 60 ECTS).
- At least 12 ECTS must be from the list of Mathematics and Statistics Department courses or an ECO course with code 5XX (ECO501, ECO502, ECO503, ECO551, ECO 552, ECO553).
- At least 12 ECTS can be either from the Department of Economics or from the list of restricted elective courses from AFN/BPA/MAS departments.
- At least 20 ECTS must be elective courses taken from at least three different faculties of the University. Students are entitled to attend Sport courses up to 6 ECTS.
- 24 ECTS must be come from courses MAS 001, MAS 061 and CS 003, CS032 which students attend during the first year of studies.
- 15 ECTS must be from the English Language courses (LAN 100, LAN 101, LAN 209).
* The sum of the minimum ECTS of requirements 1-6 is 238 ECTS. Therefore, one more course would have to be taken from requirements 1-4 in order to complete at least 240 ECTS that are required for the degree.
1st YEAR | ||
1st Semester | ECTS | |
ECO 111 | Principles of Microeconomics | 7 |
ΜΑS 001 | Mathematics I | 6 |
ΜΑS 061 | Statistical Analysis | 6 |
CS 003 | Computer Science and Information Systems | 6 |
LAN 100 | General Advanced English | 5 |
2nd Semester | ||
ECO 121 | Principles of Macroeconomics | 7 |
ECO 112 | Application of Quantitative Methods in Economics (MAS 061) | 7 |
ECO 113 | Mathematics for Economists I (MAS 001) | 7 |
LAN 101 | Academic English | 5 |
CS 032 | Introduction to Computer Science & Information Systems | 6 |
2nd YEAR | ||
3rd Semester | ||
ECO 211 | Microeconomic Theory (ECO 111) | 7 |
ECO 221 | Macroeconomic Theory (ECO 121) | 7 |
ECO 222 | Introduction to Econometrics (ECO 112) | 7 |
ECO 223 | Mathematics for Economists II (ECO 113) | 7 |
4th Semester | ||
ECO 261 | Advanced Microeconomics (ECO 211) | 7 |
ECO 262 | Advanced Macroeconomics (ECO 221) | 7 |
ECO 263 | Advanced Econometrics (ECO 222) | 7 |
LAN 209 | Advanced English for Global Communications | 5 |
1 elective course | 5 | |
3rd YEAR | ||
5th Semester | ||
ECO 415 | Game Theory (ECO251 or ECO261) | 6 |
3 restricted elective courses (3 x 6 ECTS) | 18 | |
1 elective course | 6 | |
6th Semester | ||
4 restricted elective courses (4 x 6 ECTS) | 24 | |
1 elective course | 6 | |
4th YEAR | ||
7th Semester | ||
ECO 397 | Research Methods in Applied Economics I (ECO112, ECO211, ECO221) | 6 |
4 restricted elective courses (4 x 6 ECTS) | 24 | |
8th Semester | ||
ECO 497 | Research Methods in Applied Economics II (ECO397) | 6 |
3 restricted elective courses (3 x 6 ECTS) | 18 | |
1 elective course | 5 | |
Note: Courses in brackets are prerequisites |
Specialization in International, European and Economic Studies (IEES) |
To graduate with a degree in International, European and Economic Studies, students must complete at least 240* ECTS. In addition, the following requirements must be fulfilled:
- At least 131 ECTS must be from the Department of Economics (course codes ECO) from which 89 ECTS refer to compulsory courses and restricted elective ECO courses (7 courses X 6 ects = 42 ects). At least 4 courses of the 7 courses must be chosen from the below list.
- At least 20 ECTS as free electives. These courses have to be taken in at least three different Schools of the University. Students are entitled to attend Sport courses up to 6 ECTS.
- At least 6 ECTS must be from a list of specific courses from the Department of Social and Political Sciences (course codes SPS).
- At least 6 ECTS must be from a list of specific courses from the Department of Law (course codes LAW).
- At least 5 ECTS must be from a Student Affairs and Welfare Services
- At least 18 ECTS must be from the Departments AFN/BPA/HIS/LAW/SPS. From the Department of Accounting and Finance (course codes AFN) and from the Department of Business and Public Administration (course codes BPA), students can choose any courses. From the Departments HIS, LAW and SPS students can choose courses Student Affairs and Welfare Services
- At least 15 ECTS from English Language courses.
- At least 15 ECTS from courses of another foreign language (3 levels required).
- 24 ECTS must be come from courses MAS 001, MAS 061 and CS 003, CS032 which students attend during the first year of studies.
1st YEAR | ||
1st Semester | ECTS | |
ECO 111 | Principles of Microeconomics | 7 |
ΜΑS 001 | Mathematics I | 6 |
ΜΑS 061 | Statistical Analysis | 6 |
CS 003 | Computer Science and Information Systems | 6 |
LAN 100 | General Advanced English | 5 |
2nd Semester | ||
ECO 121 | Principles of Macroeconomics | 7 |
ECO 112 | Application of Quantitative Methods in Economics (MAS 061) | 7 |
ECO 113 | Mathematics for Economists I (MAS 001) | 7 |
LAN 101 | Academic English | 5 |
CS 032 | Introduction to Computer Science & Information Systems | 6 |
2nd YEAR | ||
3rd Semester | ||
ECO 211 | Microeconomic Theory (ECO 111) | 7 |
ECO 221 | Macroeconomic Theory (ECO 121) | 7 |
ECO 222 | Introduction to Econometrics (ECO 112) | 7 |
ECO 223 | Mathematics for Economists II (ECO 113) | 7 |
4th Semester | ||
ECO 251 | Topics in Microeconomics (ECO 211) | 7 |
ECO 252 | Topics in Macroeconomics (ECO 221) | 7 |
ECO 253 | Econometric Methods (ECO 222) | 7 |
LAN 209 | Advance English for Global Communications | 5 |
1 elective course | 5 | |
3rd YEAR | ||
5th Semester | ||
4 restricted elective courses (4 x 6 ECTS) | 24 | |
1 elective course | 6 | |
6th Semester | ||
2 restricted elective courses (2 x 6 ECTS) | 12 | |
1 restricted elective course | 7 | |
1 elective course | 6 | |
LAN | Language - 1st level | 5 |
4th YEAR | ||
7th Semester | ||
ECO 397 | Research Methods in Applied Economics I (ECO112, ECO211, ECO221) | 6 |
2 restricted elective courses (2 x 6 ECTS) | 12 | |
1 restricted elective course | 7 | |
LAN | Language - 2nd level | 5 |
8th Semester | ||
ECO 497 | Research Methods in Applied Economics II (ECO397) | 6 |
2 restricted elective courses (2 x 6 ECTS) | 12 | |
1 elective course | 5 | |
LAN | Language - 3rd level | 5 |
Note: Courses in brackets are prerequisites |
General Curriculum with a Minor Degree from a different department |
The department of Economics allows its students to acquire a Minor Degree in a different field of studies. The choice is up tho the student. Students that take this path are required to complete a total of 90 ECTS in restricted elective courses as follows:
- At least 42 ECTS (7 courses) restricted elective courses from the Department of Economics.
- At least 48 ECTS from their Minor field of study.
In order to complete the 60 ECTS required for a Minor degree, students should take 12 ECTS from their free electives in courses for the Minor.
The structure and requirements for a Minor degree are determined by the respective Department offering the degree, which is also responsible for admitting a student in to said programme. Available positions for each academic year are published by the Student Affairs and Welfare Services during Spring semester of the preceding year.
Indicatively, some of the Minor degree programmes offered in the past have been in the following fields: English Studies, French Studies, Mathematics, Computer Science, Physics, Chemistry, Sociology, Political Science, Psychology, Management, Accounting, Electrical Engineering, Computer Engineering, Biomedical Engineering, Byzantine and Contemprary Greek Philology, Archaeology, History, Classical Philology and Philosophy.
More information on available programmes can be found on the website of the relevant Department.
Lists of restricted elective courses |
Lists of restricted elective courses offered by other departments | ||
- Students can select any elective courses offered from Accounting and Finance Department (AFN) and Business and Public Administration Department (BPA). Certain courses have prerequisites. | ||
- The following courses from the Department of Mathematics and Statistics: | ||
CODE | Course Name | ECTS |
MAS 007 | History of Mathematics | 5 |
MAS 101 | Calculus I | 8 |
MAS 102 | Calculus II | 8 |
MAS 121 | Linear Algebra I | 8 |
MAS 131 | Basic Mathematics | 7 |
MAS 261 | Probability I (MAS 101, MAS 102) | 7 |
MAS 262 | Statistics I | 7 |
MAS 271 | Numerical Analysis I | 7 |
Note: Courses in brackets are prerequisites |
Also note the following:
- Elective courses in the Economics Department may not be offered when there is not sufficient demand or the required teaching staff.
- Restricted elective courses include all courses offered by the Department and selected courses from other departments of the University.
Unrestricted elective courses can be any course offered by any other department of the University but must come from three different faculties.
Students can choose their restricted or unrestricted electives in any semester based on their schedule
Courses can take more ECTS than listed in the examples above provided the total credit load does not exceed the permitted limits per semester. - Fourth year students can take up to two of the six postgraduate courses listed below, given that their grade point average is at least 7.5.
- ECO 501 Microeconomic Analysis Ι (7,5 ECTS)
- ECO 502 Macroeconomic Analysis Ι (7,5 ECTS)
- ECO 503 Statistics and Econometrics Ι (7,5 ECTS)
- ECO 551 Microeconomic Analysis ΙΙ (7,5 ECTS)
- ECO 552 Macroeconomic Analysis ΙΙ (7,5 ECTS)
- ECO 553 Statistics and Econometrics ΙΙ (7,5 ECTS)