Elective Course - 3nd Semester (Autumn 2nd year) | Course ID: Τ225 | E-Class
According to the curriculum, students must choose two elective courses during the third semester

Lecturer

George Argitis

Language of instruction

Greek

Course contents

The course presents the basic ideas of John Maynard Keynes that make up his economic and political philosophy, as well as the relevance of his analysis and policy proposals to contemporary money market-based economies.

Course Outline

• Introduction to the methodology of the General Theory
• The political philosophy of J.M. Keynes
• The principle of effective demand
• Consumption and the basic psychological law
• Investment
• Money and Interest
• Speculation
• Business Cycles
• Wages and prices
• International political economy and J.M. Keynes
• Economic policy and J.M. Keynes' social reform programme

Bibliography

• Keynes, J.M. (1936). The General Theory of Employment, Interest and Money. London: Macmillan and Cambridge: Cambridge University Press.
• Skidelsky, R. (2009). Keynes. The Return of the Master. New York: Public Affairs.
• Davidson, P. (2007). John Maynard Keynes. Basingstoke: Palgrave Macmillan.
• Davidson, P. (2009). The Keynes Solution: The Path to Global Economic Prosperity. Basingstoke: Palgrave Macmillan.
• Minsky, H. (1975). John Maynard Keynes. New York: Columbia University Press.
• O’Donnell, R. (1989). Keynes: Philosophy, Economics and Politics. Basingstoke: Macmillan.
• O’Donnell, R. (ed.) (1991). Keynes as Philosopher Economist, Basingstoke: Macmillan.

Assessment

The course is assessed by written examinations. Students are assessed on their understanding of key concepts, critical thinking and their ability to analyse and synthesise ideas. The assessment criteria are communicated to students via the course outline posted on the course page.