The purpose of the program is to provide scientific, theoretical and applied education, as well as the specialized professional training of Economists, Regionalists, and personnel of companies and organizations on issues of applied economic analysis, economic policy, the administration of companies and organizations, as well as on issues of urban and regional development and real estate.

The Program includes a combination of selected theoretical and applied subject areas which
• support the research and academic interests of the candidates who wish to go on to doctoral studies,
• supplies the graduates with knowledge, skills and abilities necessary to go on to work in the private, public and social sectors,

Taking the Masters Program, students will acquire specialized knowledge and skills in applied Economics, the Administration of Businesses and Organizations, Regional Development and the formation and application of Economic and Regional Policy.

Graduates of the Department of Economic and Regional Development are able to work in both the private and the public sectors. They are entitled to membership in the Greek Chamber of Commerce, and they thereafter have all the professional rights of an economist and the right to compete for positions in the public sector in Economic and Administrative Services as well as in Regional and Local Government (Sector ΠΕ09 Economists). They also have the right to become members of The Association of Greek Regionalists and to be recognized as Regionalists. In the private sector, graduates of the department work in Greek and International Banks, in domestic and international consultant companies, as independent researchers, and as executives in firms which undertake regional development studies at the local, regional, and sectoral levels. In the public sector, graduates of the department are able to work as executives in the Central Administration (in Ministries) and in Public Corporations and Organizations as well as in Local Administration (Municipal and Regional) and in the Decentralized Regional Administration. Their work focuses on subjects related to the economy, loans, development, national and regional planning, the policies of the European Union, and so on. 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 are able to compete for positions in the European Union and in international organizations which are concerned with economic issues and with development on the international, national, regional, or sectoral level.