ECTS:

4

Code:

ΚΕ0Ε03

Cycle / Level:

Undergraduate

Compulsory / Optional:

Optional

Teaching Period:

Spring

Course Content:

In this introductory course we investigate the content, aims and objectives of the state intervention in the economy (i.e. the economic functions of the state), the economic theories that support such interventions to provide public goods and regulate the external economies and diseconomies produced by economic activities, and eventually the means of fiscal policy, along with the fiscal institutions used by the state to achieve its goals (public budget, public expenditures, tax revenue, sovereign debt, public firms). A large part of the course is devoted to the analysis and theoretical account of the current fiscal crisis of the states.

Upon systematic attendance and completion of the course, students will be in a position to comprehend, analyse, explain, and assess: 1) The basic economic functions of the state. 2) The fiscal institutions of the state. 3) The contemporary fiscal crisis to the state.