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DEO43 Industrial Organization, Labour Economics and European Business

Module code: DEO43

ECTS Credit Points: 20

Module Type: Optional (Students choose between course modules DEO42 and DEO43)

Year: 4th

Module Coordinator: Professor Dimitrios A. Giannias, Hellenic Open University, email:

Language: Greek

Module general description:
The main purpose of this module is to present the basic principles of the theory of industrial organization, economics of labor and collective bargaining and finances of European companies.
In particular, the Industrial Organization presents the topics: theory of production, theory of imperfect markets, market power, market pricing in oligopolistic markets, price discrimination, product differentiation, barriers to entry in a market.
In particular, the Labor Market presents the topics: institutional framework of the labor market, labor supply, labor demand, determination of wage labor, human capital, immigration, labor unions, wage differentials, unemployment, income distribution, economic policy.
In particular, the European Business presents the topics: international economic relations, principles of multinational enterprises, the European business environment and the steps towards European integration, the path towards the European Union (EU), EU competition policy, the EU social policy, the single market and single currency, foreign direct investment in the EU, SMEs in Greece and the EU, entrepreneurship in Greece and the EU

Learning Outcomes:

Subjects covered:
- Theory of Industrial Organization,
- Labor economics and collective bargaining
- Economics of European Business

Learning Material: The HOU publications can be viewed here.

Teaching Method: Distance education with five Contact Sessions held at weekends during the academic year

Evaluation: Completion of four written assignments during the academic year, the average grade of which constitute a 30 percent of each student's grade, if a pass is obtained in the final or repetitive examination. Final exam grades constitute a 70 percent of the students' final course grade. More information is available here.

Useful links:
Discussion papers
Conferences / Seminars / Events

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