1. GENERAL

SCHOOL

SCHOOL OF ECONOMIC SCIENCES

ACADEMIC UNIT

DEPARMENT OF ACCOUNTING AND FINANCE

LEVEL OF STUDIES

Undergraduate

COURSE CODE

BA105

SEMESTER

1

COURSE TITLE

Microeconomics Ι
INDEPENDENT TEACHING ACTIVITIES WEEKLYTEACHING
HOURS
CREDITS
Lectures 3
Hours Lab 0
Hours Exercises 0

Total

3 6
COURSE TYPE General background, Compulsory
PREREQUISITE COURSES No
LANGUAGE OF INSTRUCTION and EXAMINATIONS Greek
IS THE COURSE OFFERED TO ERASMUS STUDENTS Yes (upon request)

COURSE WEBSITE (URL)

https://

2. LEARNING OUTCOMES

Learning outcomes

After successful completion of the course, students are expected to be able to:
1. Describe the basic economic concepts such as goods, demand and supply, factors of production
2. Describe the factors affecting demand and supply
3. Understand how prices are formed
4. Understand how markets work (competition, monopoly, oligopoly)
5. Understand how the wages of the factors of production are formed.

General Competences

Taking into consideration the general competences that the degree-holder must acquire (as these appear in the Diploma Supplement and appear below), at which of the following does the course aim?
Search for, analysis and synthesis of data and information, with the use of the necessary technology
Adapting to new situations
Decision-making
Working independently
Team work
Working in an international environment
Working in an interdisciplinary environment
Production of new research ideas
Project planning and management
Respect for difference and multiculturalism
Respect for the natural environment
Showing social, professional and ethical responsibility and sensitivity to gender issues
Criticism and self-criticism
Production of free, creative and inductive thinking

3. SYLLABUS

The purpose of the course is to acquire the appropriate theoretical knowledge for understanding the economic reality at the level of an economic unit (household, business), the factors that influence the behavior of economic units, as well as the forms of market operation (competition, monopoly, oligopoly ) and the method of formation of the remuneration of the production factors.

Syllabus
• Goods and services
• Production possibilities curve
• Demand and elasticity of demand
• Supply and supply elasticity
• The formation of prices
• Production and production costs
• The perfect competition
• The monopoly
• The oligopoly
• The market of factors of production

4. TEACHING and LEARNING METHODS - EVALUATION

DELIVERY
Face to face
USE OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
Use of ICT in teaching

TEACHING METHODS
Activity Semester workload
Paper or technical feasibility study 26
Laboratory work 26
Lectures 40
Individual and Guided Study 52
Course total 144
Course total 288
STUDENT PERFORMANCE EVALUATION Laboratory work/ Paper
10%
Final Exam
Total 90%
100%

5. SUGGESTED BIBLIOGRAPHY

-Suggested bibliography:
• Stephenison, Introduction to economics , Kleidarithmos Publications, 2002.
• Gravelle Hugh ,Rees Ray, Varoufakis Gianis (copyediting), Microeconomics, Dardanos – K. Dardanos Publications, 2009
• Kotis G. – Petraki Koti A., Μicroeconomics, Smpilias Publications, Athens,
1998.
• Begg D. – S. Fischer - R. Dornbusch, Introduction to Economics, volume Α’, Kritiki Publications, Athens, 1998.
• Mankiw Gregory– Mark Taylor, Principles of Economics, volume Α’, Gutenberg Publications, Athens, 2010
-Related academic journals:

 

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