• Demonstrate and understand the basic principles of international trade and become familiar with the traditional theory of international trade and the late evolutions.
• Obtain a clear and concise picture of the concepts of trade protection
• Comprehend the functions of international trade, the impacts of the economic union and the economic transformation of different countries.

• Independent work
• Literature search, data analysis and synthesis
• Development of inductive reasoning

• Power point, videos
•  e-class

(25-hour workload per credit unit)

125

• Paul Krugman and Maurice Obstfeld, Διεθνής Οικονομική: Θεωρία και Πολιτική, Νέα Αναθεωρημένη Έκδοση 2011, Εκδόσεις Κριτική AE, Κωδικός στον Εύδοξο: 7648537.

·       Γ.Μ Αγιομυργιανάκης, Μ. Βλάσσης, Η. Thompson, Διεθνείς Οικονομικές Σχέσεις – , Έκδοση 2006, Εκδόσεις Rosili ISBN 960-7745-16-7

A. Microsoft Teams

The Microsoft Teams link is created on the course page on the platform and exclusively in the institutional accounts of those who have registered for the course and have learned the terms of distance education.

Students must log in to the Microsoft Teams room through their institutional account, otherwise they will NOT be able to participate. They will be identified using their institutional account.

B. e-class

At the same time, they must log in to the e-class using their institutional account and go to the course page (prerequisite to have registered for the course)

https://eclass.duth.gr/courses/OPE01184/

The exam lasts 30 minutes and each student must answer 20 multiple choice questions, without a negative grade. Each of the questions is scored with 0.5.

Background, General Knowledge, Scientific Area, Skill Development

(a) Understand the differences among various research designs and be capable of choosing the most appropriate design in order to achieve the goals of their research.

(c) Analyze the data selection process and elaborate qualitative and quantitative research methods.

(d) Understand the differences among various statistical techniques used in marketing and economics and be able to apply them.

ICT Use

Adaptation to new situations

Decision making

Autonomous work

Teamwork

Working in an international environment

Working in an interdisciplinary environment

Production of new research ideas

Equity and Inclusion

Respect for the natural environment

Sustainability

Demonstration of social, professional and moral responsibility and sensitivity to gender issues

Critical thinking

Promoting free, creative and inductive reasoning

Autonomous work

Teamwork

Working in an interdisciplinary environment

Production of new research ideas

Project design and management

Critical thinking

Promoting free, creative and inductive reasoning

• Decision making, agro-economic research and marketing research.
• Content and role of the agro-economic research and marketing research in managerial decision making – Agro-economic and marketing research process.
• Research design and implementation. Types of research.
• Secondary sources of data – Methods of collecting secondary data – Internal and external sources of secondary data.
• Primary data – Methods of collecting primary data (survey methods)
• Census – Sampling procedure – Sampling methods
• Sample size – Sample selection.
• Qualitative research methods.
• Quantitative research – Questionnaire design.
• The concept of measurement and scaling – Measurement levels – Types of attitude rating scales.
• Reliability – Validity.
• Data encoding. Marketing research methods.
• Case studies.

The ways and methods of teaching are described in detail.

Lectures, Seminars, Laboratory Exercise, Field Exercise, Bibliographic research & analysis, Tutoring, Internship (Placement), Clinical Exercise, Art Workshop, Interactive learning, Study visits, Study / creation, project, creation, project. Etc.

The supervised and unsupervised workload per activity is indicated here, so that total workload per semester complies to ECTS standards.

Description of the evaluation process

Assessment Language, Assessment Methods, Formative or Concluding, Multiple Choice Test, Short Answer Questions, Essay Development Questions, Problem Solving, Written Assignment, Essay / Report, Oral Exam, Presentation in audience, Laboratory Report, Clinical examination of a patient, Artistic interpretation, Other/Others

Please indicate all relevant information about the course assessment and how students are informed 

Written exams at the end of the semester

·         Daoutopoulos G. Methods in Social Research. Zigos Publications, 2005.

·         Siomkos G., Mavros D.A. Market Research. Stamouli Publications, 2008.

·         Saunders Μ., Lewis P., Thornhill A. Research Methods for Business and Economy. Editors: Tsoukatos E. Vrontis D. Disigma Publications, 2014.

The examination in the course will be oral carried out using Skype for Business or Microsoft Teams. The oral examination in the course will be carried out in groups of 4 people (20 minutes per group) according to the order in which the Number of Student Record of the participants appear in the attached list (examination program).

The link of the Skype for Business or Microsoft Teams meeting will be sent to students via e-class, exclusively to the institutional accounts of those who have registered for the course and have learned the terms of distance teaching

Students will have to log in to the examination room through their institutional account, otherwise they will not be able to participate. They will also participate in the examination with a camera which they will have opened during the examination. Before the start of the exam, students will show their identity card to the camera, so that they can be identified

Each student should answer in 4 questions. Each of the questions is scored with 2.5 credits

Background, General Knowledge, Scientific Area, Skill Development

·         will have acquired the basic knowledge to study the validity of the economic theory with the use of Statistics and Mathematics through the estimation and evaluation of economic models

ICT Use

Adaptation to new situations

Decision making

Autonomous work

Teamwork

Working in an international environment

Working in an interdisciplinary environment

Production of new research ideas

Equity and Inclusion

Respect for the natural environment

Sustainability

Demonstration of social, professional and moral responsibility and sensitivity to gender issues

Critical thinking

Promoting free, creative and inductive reasoning

•               Ability to implement theories on the survey of existing economic theories

•               Ability for analysis and Synthesis

2.       Useful distributions  (Normal distribution, , chi square _ distribution, Τ-distribution, F-distribution),

3.       Simple regression (Two variable model) (Economic Theory, Basic assumptions of the linear model Υ = β1 + β2Χ + e, Sample Regression,

4.       The method of ordinary least squares (application to the model: Υ = β1 + β2Χ + e), (Solution with sums, Matrix solution,

5.       Application of regression Variance-Covariance of random error, Attributes of b estimate),

6.       Hypothesis testing (t-ratio of b , The coefficient of determination r2 , Correlation coefficient r, Evaluation of the sub – sample),

7.       General Model Y = β Χ + β Χ +…+ β Χ + e (By the method of matrix-tables) (Presentation of the model Y = b X + b X +…+ b X + e, Appraisers fluctuations – covariance of rates, the coefficient of multiple determination R, Sums squares tabular assessment model, assessment of individual factors, Evaluation of the entire design),

8.       Resolving the three variables model Y = b + b X + b X + e checksum (Solving the three variables model, the coefficient of multiple determination R, the corrected coefficient multiple determination, and Some Simple Coefficient of determination, coefficient of determination Simple, Some factors identification, assessment of the variability of the disturbing term fluctuations b, b,

9.       Testing of Linear restrictions on some coefficients regression, the statistical relationship between F and the coefficient of determination R2,

10.   Violations of Linear Model assumptions (Multi collinearity, Testing the existence of multi collinearity, Estimation methods of models with multi – collinearity

11.   Autocorrelation, Autocorrelation of first order, Consequences of autocorrelation,

12.   Autocorrelation tests (Graphical depict of the residuals, Durbin-Watson Test, t-statistic test, h Durbin criterion), Test for autocorrelation of greater order ( Breusch-Godfrey Test, F-criterion test), Estimation methods of models with autocorrelation,

13.   Heteroscedasticity, Heteroscedasticity tests, (Spearman coefficient of correlation, Goldfeld-Quand criterion, White criterion), Estimation methods of models with heteroscedasticity.

§  e–class

The ways and methods of teaching are described in detail.

Lectures, Seminars, Laboratory Exercise, Field Exercise, Bibliographic research & analysis, Tutoring, Internship (Placement), Clinical Exercise, Art Workshop, Interactive learning, Study visits, Study / creation, project, creation, project. Etc.

The supervised and unsupervised workload per activity is indicated here, so that total workload per semester complies to ECTS standards.

Description of the evaluation process

Assessment Language, Assessment Methods, Formative or Concluding, Multiple Choice Test, Short Answer Questions, Essay Development Questions, Problem Solving, Written Assignment, Essay / Report, Oral Exam, Presentation in audience, Laboratory Report, Clinical examination of a patient, Artistic interpretation, Other/Others

Please indicate all relevant information about the course assessment and how students are informed 

Written exams at the end of the semester both on theory and exercises

The answers by the students will be provided by the students through multimedia files.

Each exercise will be graded while the exam contribution will be 100%,

The exam is simultaneous for all the students

The participation in the exams can be done with the use of their institutional account.

Background, General Knowledge, Scientific Area, Skill Development

·        should become capable of implementing Simplex method on agro – economic problems

ICT Use

Adaptation to new situations

Decision making

Autonomous work

Teamwork

Working in an international environment

Working in an interdisciplinary environment

Production of new research ideas

Equity and Inclusion

Respect for the natural environment

Sustainability

Demonstration of social, professional and moral responsibility and sensitivity to gender issues

Critical thinking

Promoting free, creative and inductive reasoning

• Knowledge in Mathematics
• Analytical and synthetically thinking

2.       Types of Linear Problems

3.       The Linear Programming Model (Analytical, Matrix form)

4.       Transformation to a typical linear Programming problem, Core concepts (Feasible Area, Feasible Solution)

5.       Graphical Solution of Linear Programming Problem,

6.       Simplex Algorithm,

7.       Solution with Simplex,

8.       Normal Form, (M Form)

9.       Vogel solution

10.   Hungarian Method solution

11.   Optimum solution

12.   Sensitivity Analysis

13.   Duality

§  e-class

The ways and methods of teaching are described in detail.

Lectures, Seminars, Laboratory Exercise, Field Exercise, Bibliographic research & analysis, Tutoring, Internship (Placement), Clinical Exercise, Art Workshop, Interactive learning, Study visits, Study / creation, project, creation, project. Etc.

The supervised and unsupervised workload per activity is indicated here, so that total workload per semester complies to ECTS standards.

Description of the evaluation process

Assessment Language, Assessment Methods, Formative or Concluding, Multiple Choice Test, Short Answer Questions, Essay Development Questions, Problem Solving, Written Assignment, Essay / Report, Oral Exam, Presentation in audience, Laboratory Report, Clinical examination of a patient, Artistic interpretation, Other/Others

Please indicate all relevant information about the course assessment and how students are informed 

Written exams at the end of the semester both on theory and optional midterm test.

Two tests are taken within the semester and the average of the grade of those tests is multiplied by 0,3 and is added to the grade of the final test. The precondition for the validity of this bonus is the grade of the final test to be equal or over three. 2. Assignments are delegated to the students that are graded with ranking 0-2. The grade of this assignment is added to the final grade of the semester The precondition for the validity of this bonus is the grade of the final test to be equal or over three

§  M Loukakis Linear Programming

§  Paparrizos K. Linear Programming, Algorithms and Applications

The answers by the students will be provided by the students through multimedia files.

Each exercise will be graded while the exam contribution will be 100%,

The exam is simultaneous for all the students

The participation in the exams can be done with the use of their institutional account.

Background, General Knowledge, Scientific Area, Skill Development

·        get an insight to the applicability of the mathematics in the study of economic theory.

·        To apply the appropriate methodology for the study of an economic phenomenon

ICT Use

Adaptation to new situations

Decision making

Autonomous work

Teamwork

Working in an international environment

Working in an interdisciplinary environment

Production of new research ideas

Equity and Inclusion

Respect for the natural environment

Sustainability

Demonstration of social, professional and moral responsibility and sensitivity to gender issues

Critical thinking

Promoting free, creative and inductive reasoning

• Knowledge in Mathematics
• Analytical and synthetically thought

1. Concepts (Definition of economic model, type variables, type equations)
2. Elasticity Introduction, elasticity of demand to price elasticity of supply on price,
3. Prices of elasticity, the elasticity of demand with multiple independent variables.
4. Comparative statics and the use of derivative; What is comparative static analysis, marginal revenue functions – cost,
5. Determination of marginal revenue from the revenue function, define the marginal cost of the function, cost,
6. marginal product of work in classical economic system instantaneous rate of growth in the economy.
7. Maximum-minimum economic theory general, Revenue Boundary Change,
8. Maximizing – minimizing economic functions, maximize revenue, Minimum average cost,
9. Profit- maximizing in monopoly market, profit maximizing monopoly with tax, maximizing tax revenue.
10. The integration in economic theory, Applications of indefinite integrals in economic theory,
11. Finding the overall function of the limit function, saving function
12.  Finding the limit moment of saving, capital accumulation, Value net investment

13.    Applications of certain integral to the economic theory of consumer surplus, producer surplus capital accumulation at a given time).

§  e-class

The ways and methods of teaching are described in detail.

Lectures, Seminars, Laboratory Exercise, Field Exercise, Bibliographic research & analysis, Tutoring, Internship (Placement), Clinical Exercise, Art Workshop, Interactive learning, Study visits, Study / creation, project, creation, project. Etc.

The supervised and unsupervised workload per activity is indicated here, so that total workload per semester complies to ECTS standards.

Description of the evaluation process

Assessment Language, Assessment Methods, Formative or Concluding, Multiple Choice Test, Short Answer Questions, Essay Development Questions, Problem Solving, Written Assignment, Essay / Report, Oral Exam, Presentation in audience, Laboratory Report, Clinical examination of a patient, Artistic interpretation, Other/Others

Please indicate all relevant information about the course assessment and how students are informed 

Written exams at the end of the semester both on theory and midterm test.

Koutroumanidis T., Zafeiriou e., Quantitative Economic Analysis. Methods and Applications. Ziti editions  (in Greek)

The answers by the students will be provided by the students through multimedia files.

Each exercise will be graded while the exam contribution will be 100%,

The exam is simultaneous for all the students

The participation in the exams can be done with the use of their institutional account.