OUR UNIQUE SUBJECT AREA

 

The Department of Economic and Regional Development, is devoted to a relatively new academic field that embodies a contemporary, interdisciplinary understanding of the nature and character of economic policy and economic development. The entire philosophy of the Department is based on the idea that the analysis of economic development is a complex process which incorporates the market economy, state policies and people’s prosperity across space and over time. Development constitutes the core issue in the Department; economy and space are seen as closely interrelated issues, which significantly influence the development process and are also influenced by it. The functioning and the analysis of the economic system, microeconomic behaviour, public policy, and the functioning of cities and regions within a globalised economic system – along with the relevant economic and spatial analysis techniques – constitute the core interests of the Department.

 

Teaching and Research

Our Department seeks to provide a contemporary academic programme in the field of Economics. The committee responsible monitors and evaluates the programme and makes proposals for changes, incorporating the most productive trends in academic knowledge and practice. These proposals are then discussed at the Departmental General Meeting which makes the decisions regarding to any changes in the programme. The duration of undergraduate studies is four (4) years, divided into eight semesters.

We hone our students’ abilities and stoke their passions so that they learn to work wisely, creatively and effectively. We have a vibrant collection of faculty and students who thrive in an intellectually healthy environment where new ideas and directions are pursued with vigour. Combining teaching and research,

we provide our students with both a theoretical understanding and an empirical engagement in the contemporary world issues of economics and development.

 

Interdisciplinary Approach

What distinguishes the teaching and research activity of the Department is its modern analysis of the development phenomenon through an interdisciplinary approach. This approach enters the broader spheres of the social sciences and employs methods and instruments from the hard sciences. Thus, the dimensions of economic development, ecologically sustainable development, public policy, social prosperity and social solidarity, democracy, equality and freedom, in addition to the right to partake in material and cultural goods, constitute the basis upon which the teaching and research of the academic fields of the Department are based.

With this theoretical and normative nexus at its core, the Departmental Programme is based upon two equally important and interrelated subject areas – Political Economy and Regional Science. The basic Subject Areas:

» Firstly, provide students with an overall consolidation of all the basic subjects in Economics: Political Economy; Microeconomics; Macroeconomics; Public Finance and Fiscal Policy; Development Economics; Industrial Organization; Agricultural Economics and Policy; International Economic Relations; Labour Economics; Economics of Money and Banking; and Business Economics and Accounting.

» Secondly, provide students with specialized knowledge in the field of Regional Science, in the basic subject areas of: Spatial Economics; Economic and Urban Geography; Regional Policy; Economics of Urban Centres; Environmental Economics; Transportation Economics and Policy; Cohesion Policy of the European Union; Regional Planning; Land Planning; City Planning; and Real Estate Economics.

» Thirdly, these two fields are reinforced by Quantitative Analysis, with the basic subject areas of: Mathematics; Statistics; Computer Science; Econometrics; Quantitative Methods; Methods of Regional Analysis; Cartography; and Geographical Information Systems.

The educational outcomes of the undergraduate programme are very important for students’ capabilities and prospects; they provide our students with the theoretical background and the technical skills which allow them to continue their studies at a graduate level as well as to pursue a career in the public, private or social sector of the economy.

 


 

PROFESSIONAL PROSPECTS

 

Graduates of the Department of Economics and Regional Development are able to work in the private, public and the social sector of the economy. They are entitled to membership in the Greek Chamber of Commerce and thereafter, have all the professional rights of an economist. In addition, they are entitled to participate in Scientific Associations such as the European Regional Science Association and the Hellenic Regional Scientists Association.

Graduates of our Programme can go on to engage in professional activities, projects and academic fields such as economics, public policy, public administration, planning, consultancy services, etc.

In the private sector, graduates of the department work as independent researchers, and as executives in firms which undertake regional development studies at the local, regional, and sectoral levels. They evaluate investments, a variety of programmes and the real estate market. They also work as economists in private firms or as accountants.

In the public sector, graduates of the department are able to work as executives in the administration of the EU, National and Local Government (Municipal and Regional), in the Decentralized Regional Administration, in the Central Administration (in Ministries) and in Public Corporations and Organizations. Their work focuses on subjects related to economic development at the national, regional and local level. They are also qualified to teach political economy in secondary schools.

Finally, the completion of undergraduate and graduate studies in the Department broadens our graduates’ horizons as they have the option of pursuing an academic career.