- +30 2310 891.482
- ckarpet uom.edu.gr
- Office: ΚΖ, 222
Karpetis Christos
Professor
Department of Balkan, Slavic & Oriental Studies
Academic Area
Macroeconimic Policy in South-Eastern Europe
Curriculum Vitae
Academic Titles
- BA in Economics, University of Macedonia, GR (1997)
- MA in Economics, University of Macedonia, GR (1999)
- Phd in Economics, University of Macedonia, GR (2005)
Research Interests
- Macroeconomic Theory
- Bussiness Cycles
- Monetary Theory & Policy
- International Monetary Relations
Teaching
- ECONOMIC POLICY
(ΒΣΑ429-ΙΙ)
Type
ELECTIVE
Department Abbreviation
BSO
Department
DEPARTMENT OF BALKAN, SLAVIC AND ORIENTAL STUDIES
Course Outlines
COURSE OUTLINE
(1) GENERAL
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SCHOOL |
Economic & Regional Studies |
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ACADEMIC UNIT |
Balkan, Slavic & Oriental Studies |
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LEVEL OF STUDIES |
Undergraduate |
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COURSE CODE |
ΒΣΑ429-ΙΙ |
SEMESTER |
8 |
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COURSE TITLE |
Economic Policy |
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INDEPENDENT TEACHING ACTIVITIES |
WEEKLY TEACHING HOURS |
CREDITS |
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Lectures |
4 |
6 |
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Add rows if necessary. The organisation of teaching and the teaching methods used are described in detail at (d). |
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COURSE TYPE general background, |
Special Background |
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PREREQUISITE COURSES:
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Macroeconomics |
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LANGUAGE OF INSTRUCTION and EXAMINATIONS: |
Greek |
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IS THE COURSE OFFERED TO ERASMUS STUDENTS |
No |
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COURSE WEBSITE (URL) |
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(2) LEARNING OUTCOMES
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Learning outcomes |
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The course learning outcomes, specific knowledge, skills and competences of an appropriate level, which the students will acquire with the successful completion of the course are described. Consult Appendix A
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Upon successful completion of the course, the student should be familiar with:
1stThe actors of economic policy.
2nd The implemented economic policies (fiscal, monetary, exchange rate etc.), as they are shaped within the framework of different macroeconomic schools of thought.
3rd The objectives of the implemented policies, as defined by the economic policy actors, and the tools used to achieve them.
4thThe expected outcomes of economic policies on national production, inflation, unemployment, exchange rates, fiscal results, public debt, etc.
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General Competences |
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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? |
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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 …… Others… ……. |
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The course aims to acquire economic knowledge, the use of which is necessary for understanding:
1stThe specific characteristics of key macroeconomic variables targeted by economic policies (unemployment, inflation, economic growth, income distribution, etc.).
2ndThe interaction of political and economic thought within the framework of the process of shaping and implementing economic policies.
3rdThe interaction of implemented economic policies in the attempt to achieve economic goals.
The course contributes to acquiring skills for writing and publicly presenting individual or group work, thus fostering critical and self-critical thinking, expanding students' analytical thinking, developing harmonious collaborative and leadership skills, and promoting creative and, primarily, inductive thinking.
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(3) SYLLABUS
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The course covers the following chapters or topics:
(1) Economic Systems as a Formulation Framework of Economic Policy
(2) Basic Definitions & Concepts of Economic Policy
(3) Social Choice & Political Process
(4) Economic Policy Models: Basic Concepts
(5) Production &Income Distribution.
(6) Inflation
(7) Unemployment
The delivery of the course’s material is based on basic economic and mathematical tools, which are known to the students from the courses of Macroeconomics and Mathematics.
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(4) TEACHING and LEARNING METHODS - EVALUATION
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DELIVERY |
Face-to-face |
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USE OF INFORMATION AND COMMUNICATIONS TECHNOLOGY |
Use of ICT in communication with students |
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TEACHING METHODS The manner and methods of teaching are described in detail. Lectures, seminars, laboratory practice, fieldwork, study and analysis of bibliography, tutorials, placements, clinical practice, art workshop, interactive teaching, educational visits, project, essay writing, artistic creativity, etc.
The student's study hours for each learning activity are given as well as the hours of non-directed study according to the principles of the ECTS |
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STUDENT PERFORMANCE EVALUATION Description of the evaluation procedure
Language of evaluation, methods of evaluation, summative or conclusive, multiple choice questionnaires, short-answer questions, open-ended questions, problem solving, written work, essay/report, oral examination, public presentation, laboratory work, clinical examination of patient, art interpretation, other
Specifically-defined evaluation criteria are given, and if and where they are accessible to students. |
The course is assessed by final written examinations, in Greek, accounting for 100% of the overall mark. The assessment of the course is based on multiple choice questions. There is no choice in questions to be answered. The correct answers are scored with 0.5 points.
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(5) ATTACHED BIBLIOGRAPHY
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- Suggested bibliography:
(1)Βάβουρας Ιωάννης &Βάβουρα Χαρά (2019), Οικονομική Πολιτική, 3ηέκδοση. Εκδόσεις: Α. Παπαζήσης Μ.Ι.Κ.Ε.,Eudoxos’ BookCode: 86192410.
(2)Κυπριανός Προδρομίδης (2013), Αρχές Οικονομικής Πολιτικής, 4η έκδοση. Εκδόσεις:Α. Σιδέρης – Ι. Σιδέρης & Σία Ο.Ε., Eudoxos’ BookCode: 32999136
(3)AgnèsBénassy-Quéré et al. (2020), Οικονομική Πολιτική. Θεωρία και Πρακτική, 1η έκδοση. Εκδόσεις: Broken Hill Publishers Ltd., Eudoxos’ Book Code: 86056213
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- INTERNATIONAL COMMERCE
(Δ18003-1)
Type
ELECTIVE
Department Abbreviation
IES
Department
DEPARTMENT OF INTERNATIONAL AND EUROPEAN STUDIES
Course Outlines
Κλασσικές και σύγχρονες θεωρίες Διεθνούς Εμπορίου, Διεθνές Εμπόριο και ανάπτυξη, δασμολογική και μη δασμολογική προστασία, τελωνειακές ενώσεις, οικονομική ενοποίηση στην Ευρώπη, οι γύροι της GATT, παγκοσμιοποίηση, πολυεθνικές επιχειρήσεις.- INTERNATIONAL ECONOMICS I
(ΒΣΑ412-ΙΙ)
Type
ELECTIVE
Department Abbreviation
BSO
Department
DEPARTMENT OF BALKAN, SLAVIC AND ORIENTAL STUDIES
Course Outlines
- The course’s aim is the introduction and understanding of 1st the basic concepts of the International Trade Theory, 2nd the reasoning behind the development of international commercial relations between the economies and the effects of these on the countries’ macroeconomic magni-tudes and 3rd the presentation of the welfare effects that result after the implementation of economic policies that aim to protect national producers from international competition. The achievement of this aim is pursued through the presentation, and use, of basic concepts and tools of the International Trade Theory such as: (i) tradeable & non – tradeable goods, (ii) equilibrium of goods’ market, (iii) autarky and free trade regimes, (iv) the principles of absolute and relative comparative advantage, (v) the production possibilities curve, (vi) trade balance, exchange rates & the labor productivity, (vii) the production specialization and economic growth, (viii) trade policy measures , (ix) the terms of trade and (x) the international flows of labor.
- INTERNATIONAL ECONOMICS II
(ΒΣΑ418-ΙΙ)
Type
ELECTIVE
Department Abbreviation
BSO
Department
DEPARTMENT OF BALKAN, SLAVIC AND ORIENTAL STUDIES
Course Outlines
- The subject of the course is the introduction of studentsto the scientific disciplines of Open Economy Macroeco-nomics&International Monetary Relations. The material of the course covers a range of definitions, economic concepts and theories of exchange rate determinations such as(i)the bilateral spot and forward exchange rates, (ii)the exchange rate market equilibrium, (iii)the triangular arbitrage of currencies, (iv)the uncovered and covered interest parity theories, (v)the foreign exchange intervention policies in spot & forward markets, (vi)the Purchasing Power Parity theory of exchange rates, (vii)the real and nominal effective exchange rate, (viii)the Monetary & Keynesian approaches of exchange rates determination, (ix)the Current Account Balance and the Portfolio theories of exchange rates determination,(x)the affection of exchange rates by the productivity of production inputs, the international terms of trade and public debt, (xi) the Absorption theory of exchange rates determination and (xii) the Mundell – Flemingmodel.
- SPECIAL TOPICS ON MANAGERIAL ECONOMICS
(ΒΣ0603-1)
Department Abbreviation
BSO
Department
DEPARTMENT OF BALKAN, SLAVIC AND ORIENTAL STUDIES
Course Outlines
Η περιγραφή του μαθήματος δεν είναι διαθέσιμη
Publications
- Books (1 records)
Περιλαμβάνει Βιβλία ή/και μονογραφίες σε διεθνείς ή ελληνικούς εκδοτικούς οίκους. Κεφάλαια ή άρθρα συλλογικών τόμων ή επιμέλεια τόμων σε διεθνείς ή ελληνικούς εκδοτικούς οίκους.
2002
- Βαρελάς Ε. & Καρπέτης, Χ. (2002), Τάσεις και Μοναδιαίες Ρίζες στην Ελληνική Αγορά Χρήματος, Αθήνα: Εκδόσεις Κριτική Επιστημονική Βιβλιοθήκη
- Scientific Journals (19 records)
Περιλαμβάνει Άρθρα σε διεθνή ή ελληνικά επιστημονικά περιοδικά (με κριτές).
2019
- Karpetis, C.; Papadamou, S.; Spyromitros, E. & Varelas, E. (2019). “Optimism-pessimism effects on money demand: theory and evidence.” Review of Behavioral Finance, Vol. 11, No. 1, pp. 23 – 35
- Karpetis, C. & Emmanouilidis, K. (2019). “Does Entry Business Regulation Deter FDI? Evidence from Dynamic Estimators.” Review of Economic Analysis, Vol. 11, pp. 175 – 202.
2017
- Karpetis, C.; Emmanouilidis, K.; Varelas, E. &Zikos, S. (2017). "The dynamic evolution of the Greek regional net fixed capital time series." Economic Change & Restructuring (forthcoming).
- Karpetis, Z.; Papadamou, S. &Varelas, E. (2017). "The Role of the Number of Banks on Debt Dynamics: Evidence from Eurozone Countries." Review of Economics (forthcoming).
2016
- Karpetis, Z.; Dadakas, D.; Fassas, A. &Varelas, E. (2016). "Sectoral Differences in the Choice of the Time Horizon during Estimation of the Unconditional Stock Beta." International Journal of Financial Studies, 4 (4), pp. 1 ~ 13.
- Karpetis, Z.; Dalla, E. &Varelas, E. (2016). "Modelling Investment Cycles.A Theoretical Analysis." Modern Economy, 7 , pp. 336 ~ 344.
2014
- Karpetis, Z.; Dalla, E. &Varelas, E. (2014). "Monetary Policy Implications on Banking Conduct & Bank Clients' Behaviour." Atlantic Economic Journal, 42 (4), pp. 427 ~ 440.
- Karpetis, C. & Zikos, S. (2014). Fixed Capital Formation in Regional Level: The Case of Greece. International Journal of Economic Research (forthcoming)
2012
- Karpetis, C. & Varelas, E. (2012). Fiscal and Monetary Policy Interaction in a Simple Accelerator Model. International Advances in Economic Research, 18 (2), pp. 199 214
2008
- Karpetis, C. (2008), "Money, Income and Inflation in Equilibrium - The Case of Greece," International Advances in Economic Research, Vol. 14, No 2, pp. 205 ~ 214.
2006
- Karpetis, C. & Varelas, E. (2006), "Government Expenditure Determination and the Multiplier - Accelerator Principle," Economia Internazionale, Vol. 59, No. 4, pp. 503 ~ 524.
- Karpetis, C. & Varelas, E. (2006), "Inflation Targeting and the Multiplier - Acce-lerator Principle," Journal of Applied Business Research, Vol. 22, No 4, pp. 103 ~ 118.
- Karpetis, C.; Varelas, E. & Zikos, S. (2006), "Unit Root Investigation of Greek Real Money Supply and GDP," International Advances in Economic Research, Vol. 12, No. 4, pp. 449 ~ 460.
- Karpetis, C. (2006), "Money, Income, Expectations and the Multiplier - Accelera-tor Interaction," International Journal of Economic Research, Vol. 3, No 1, pp. 83 ~ 101.
2005
- Karpetis, C. & Varelas, E. (2005), "Money, Income, Inflation and the Acceleration Principle," Economia Internazionale, Vol. 58, No. 2, pp. 179 ~ 201.
2004
- Βαρελάς Ε. & Καρπέτης, Χ. (2004), "Νομισματική Πολιτική, Πληθωριστικές Προσδοκίες και Προσδιορισμός του Εισοδήματος στα Πλαίσια του Υποδείγματος Επιχειρηματικών Κύκλων του Samuelson," Political Economy, Vol. 14, pp. 79 ~ 98.
- Karpeti, K.; Karpetis, C. & Varelas, E. (2004), "Effects of Operational Cost on Bank Profitability and Bank's Clients: A Methodological Approach," Journal of Financial Management and Analysis, Vol. 17, No 1, pp. 54 ~ 61.
2002
- Karpetis, C. & Varelas, E. (2002) Trends and Unit Roots in Greek Real Money Supply, Real GDP and Nominal Interest Rate, European Research Studies, Vol. 5, Issue (3 - 4), pp. 25 ~ 43.
1999
- Apergis, N.; Karpetis, C.; Kotsiopoulou, A.; Mitakidou, E. & Tsiakiri, Th. (1999), "The Demand for Money in Greece: Evidence Through a Shopping - Time Technology Model and Cointegration," Σπουδαί, Vol. 49, No 1 - 4, pp. 3 ~ 45.
- Other (9 records)
Περιλαμβάνει Παρουσιάσεις σε διεθνή ή ελληνικά συνέδρια χωρίς δημοσίευση σε πρακτικά.
2017
- Karpetis, C.; Papadamou, S. & Varelas, E. (2017). “The Role of Banking Sector on Debt Dynamics.” The paper was presented at the 3rd International Conference in Applied Theory, Macro & Empirical Finance held in Thessaloniki, Greece, April 21 ~ 22, 2017.
2016
- Karpetis, C.; Emmanouilidis, K.; Varelas, E. & Zikos, S. (2017). “The dynamic evolution of the Greek regional net fixed capital time series.” Economic Change & Restructuring, Vol. 50, No. 3, pp. 211 – 238.
2012
- Karpetis, C. & Varelas, E. (2012). Bank Behavior and Monetary Policies. Paper presented at the 73rd International Atlantic Economic Society Conference, I.A.E.S., Istanbul, Turkey, March 28 ~ 31, 2012
2010
- Karpetis, C. & Zikos, S. (2010). Fixed Capital Formation in Regional Level: The Case of Greece. Paper presented at the 2nd Conference of the European Asian Economics, Finance, Econometrics & Accounting Science Association, EAEFEASA, Beijing, P. R. China, September 7 11, 2010
2006
- Karpetis, C. (2006). Money, Income and Inflation in Equilibrium The Case of Greece. Paper presented at the 61st International Atlantic Economic Conference, I.A.E.S., Berlin, Germany, March 15 ~ 19, 2006
2005
- Karpetis, C.; Varelas, E. & Zikos, S. (2005). Unit Root Investigation of Greek Real Money Supply and GDP. Paper presented at the 59th International Atlantic Economic Conference, I.A.E.S., London, England, March 9 ~ 13, 2005
- Καρπέτης, Χ. (2005), "Η Αλληλεπίδραση Πολλαπλασιαστή - Επιταχυντή υπό Κάθε-στώς Ορθολογικών Προσδοκιών και Σταθερής Νομισματικής Επέκτασης," Παν/μιο Πειραιώς, Επιστημονική Επετηρίδα Πανεπιστημίου Πειραιώς προς τιμή του Ομότιμου Καθηγητή Στ. Σαραντίδη, Τόμος B', σελ. 501 ~ 528.
- Βαρελάς Ε. & Καρπέτης, Χ. (2005), "Η Αλληλεπίδραση Πολλαπλασιαστή - Επιταχυντή υπό Καθεστώς Σταθερής Νομισματικής Επέκτασης," Παν/μιο Πειραιώς, Επιστημονική Επετηρίδα Πανεπιστημίου Πειραιώς προς τιμή του Καθηγητή Θεόδωρου Σκούντζου, 2005, Τόμος Α', σελ. 189 ~ 211.
2003
- Βαρελάς Ε. & Καρπέτης, Χ. (2003), "Μοναδιαίες Ρίζες και Διαρθρωτικές Μετα-βολές. Η Περίπτωση του Ονομαστικού Επιτοκίου της Ελλάδας," Παν/μιο Πειραιώς, Επιστημονική Επετηρίδα Πανεπιστημίου Πειραιώς προς τιμή του Ομότιμου Καθηγητή Αποστόλου Λάζαρη, σελ. 87 ~ 100.
