Undergraduate regulations PDF Print E-mail

The Department awards the degree of the Department of Economics with a duration of 4 years (8 semesters) 1 st cycle of study, that corresponds to level 6 of National Qualifications Framework, that is a Bachelor Diploma (EQF level 6) of the European Quality Framework https://eacea.ec.europa.eu/nationalpolicies/eurydice/content/bachelor-33_el.

It implements the student oriented ECTS system (European Credit Transfer and Accumulation System) in its programme of studies and its correspondent educational components based on the layout that are included in ECTS USERS GUIDE (2015) and the relevant government law (Law 3374/2005, Chapter Β, « European Credit Transfer and Accumulation System» and Law 1466/2007 «Implementation of European Credit Transfer and Accumulation System».

The Department uses the ECTS system based on the transparency of learning outcomes and procedures. In order to graduate from the Department of Economics, students must complete thirty six (36) modules (21 compulsory and 15 optional) which total 240 ECTS credits. 30 ECTS credits are distributed in each semester and 60 ECTS credits in each year with the associated learning outcomes. Associated workload of each student ranges from 1,500 hours for an academic year, which means that one credit corresponds to 25 hours of work. The distribution of ECTS credits takes place according to the requirements of the National Qualifications Framework (NQF), which corresponds to the European Quality Framework for Lifelong Learning https://ec.europa.eu/ploteus/sites/eac-eqf/files/broch_el.pdf .

International Standard Classification of Education Fields of Education and Training is ISCED-F 0311.

European Credit Transfer and Accumulation System (ECTS System) is enabled through the use of basic documents of ECTS, such as transcript of records. Furthermore, the Diploma Supplement is awarded to each student during his/her graduation ceremony and describes the knowledge and skills acquired by graduates of the Department of Economics.



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The department of Economics was founded on 1996 and the department opened for classes on the academic year 1998-1999. The department's purposes are to acquaint students with the economic aspects of modern society, to familiarize them with techniques for the analysis of contemporary economic problems and to develop in them an ability to exercise judgment in evaluating public policy. There is training for the general student as well as for those who plan careers as economists in civil service, private enterprise, teaching, or research.


Teaching takes place in the department’s smart classrooms and application of theory occurs in our state of the art computed lab, with efficient use of up to date technologies and multimedia. Course curriculum is updated continuously in order to take into account all new scientific development and the updated demands in the labour market. Communication between the faculty members and the students create the perfect academic environment for all prospective students.


The faculty has an active research agenda. Their areas of expertise range from pure theory to applied subjects. Many have achieved significant distinctions in their fields. This background lays the foundation for a transfer and application of knowledge that ensures the students’ access to new trends and research in Economic Theory. Students will acquire the necessary knowledge which will equip them to compete in the domestic as well as in the highly competitive international labour market.