BSc in Economics - Ανοικτό Πανεπιστήμιο Κύπρου - Open University of Cyprus
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  • Programme structure

  • Modules

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  • Contact Details

PROGRAMME OBJECTIVE

The mission of the undergraduate programme in Economics is to provide a strong foundation in economic theory and quantitative analysis. The program introduces students to macro- and microeconomic theory teaches them to think and write clearly about economic problems and policy issues and to use ‘real-world” data to forecast behaviour and to investigate the relationships between observed phenomena and economic models. 

WHY CHOOSE TO ATTEND?

In order to accommodate students’ wide variety of goals, three specialisations are available: a) Energy Economics with emphasis on Oil and Gas Economics, b) Business Economics, and c) Banking and Finance. The three specialisations are designed to provide students with a solid understanding of the central theories and analytical tools of the field of economics while maintaining the necessary flexibility to meet the needs of diversity in career paths in a variety of promising industries, private firms, and organisations, as well as in the public domain. Students completing this degree will be well-equipped to pursue graduate work (professional or academic) or enter directly the business world or public service.

 

The Open University of Cyprus (OUC), through its participation in the European project "Liaison Offices with the Labour Market", offers to students of all its programmes of study, the optional and free of charge Thematic Unit (i.e. Module) entitled "Industry Placement". This module provides students opportunities for a placement to gain professional experience in their particular field of study, and the hosting institution can be any public or private organisation operating in the Republic of Cyprus.

Each student has the right to participate in this offering once or twice during his / her studies, provided that s/he meets the required conditions.

Request more information by contacting the OUC Liaison Office here.

 

European Credit Units - ECTS: 240

Teaching Language: Greek

Level of Studies: Undergraduate

Title to be Awarded: Bachelor’s degree (BA)

 

ADMISSION REQUIREMENTS

Applicants must hold a secondary education degree (or equivalent). Good computer skills (internet and email) are needed. Sufficient English language knowledge is desirable. 

FEES / ADMINISTRATIVE COST

The total administrative cost of the Programme is €8400. The cost of each Module is €350. Administrative costs are charged per Module.  

 

APPLICATIONS

Applications can be submitted exclusively online:

 Αιτήσεις Αγγ χωρίς ημερομηνίσ

 Application dates for the Spring Semester of the Academic year 2022-2023 : September 14 - November 15, 2022.

 

 


 

PROGRAMME STRUCTURE

For the successful completion of the bachelor programme in Economics, students must successfully undertake twenty-four (24) modules.

Students can undertake up to three (3) modules per semester. Full-time study of the programme requires the selection of three (3) modules whereas the selection of one (1) or (2) modules is considered part-time.

For the successful completion of each Module, students, under the supervision of their Professors, are required to submit three (3) written assignments per Module.

At the end of each semester, students must sit final written exams for each module.

FIRST YEAR

In the first year, students learn to think like economists and become familiar with the tools used to analyse real financial problems. This knowledge is the background on which the rest of their studies will be based.

SECOND YEAR

The second year consists of compulsory modules in Microeconomic and Macroeconomic Analysis, Accounting, Econometrics, Public Finance and Industrial Organisation.

THIRD YEAR

In the third year, students choose one of the three directions according to their interests. Specifically, the third year includes two compulsory (Principles of Financial Theory and International Finance), two compulsory specialised modules and two elective modules.

FOURTH YEAR

The modules of the fourth year give the students the opportunity to deepen their specialisation courses according to the chosen direction, but also to attend elective modules according to their interests and professional pursuits. Specifically, the fourth year includes four specialisation modules and two electives.

Programme of Study Layout

Economics

Modules

Semester   

Required / Elective  

Pre-requisite Modules  

Co-requisite Modules

Workload

Hours

ECTS

Common for all Specializations

OIK111

Principles of Economic Analysis I

1

Required

250 - 300

10

OIK112

Statistical Analysis of Economic Data I

1

Required

ΟΙΚ113

250 - 300

10

OIK113

Quantitative Methods in Economics I

1

Required

250 - 300

10

OIK121

Principles of Economic Analysis II

2

Required

250 - 300

10

OIK122

Statistical Analysis of Economic Data II

2

Required

ΟΙΚ112

250 - 300

10

OIK123

Quantitative Methods in Economics II

2

Required

ΟΙΚ113

250 - 300

10

OIK211

Microeconomic Theory

3

Required

ΟΙΚ111

250 - 300

10

OIK212

Principles of Financial Accounting

3

Required

250 - 300

10

OIK213

Econometrics

3

Required

ΟΙΚ122

250 - 300

10

OIK221

Macroeconomic Theory

4

Required

ΟΙΚ121

250 - 300

10

OIK222

Public Economics

4

Required

ΟΙΚ211

250 - 300

10

OIK223

Industrial Organization

4

Required

ΟΙΚ211

250 - 300

10

OIK311

Introduction to Financial Theory

5

Required

ΟΙΚ212

250 - 300

10

OIK321

International Economics

6

Required

ΟΙΚ221

250 - 300

10

OIK315

Principles of Business Administration

5

Elective

250 - 300

10

OIK316

Topics in Advanced Microeconomics

5

Elective

ΟΙΚ211

250 - 300

10

OIK324

Human Resource Management

6

Elective

250 - 300

10

OIK325

Labour Economics

6

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK326

Topics in Advanced Macroeconomics

6

Elective

ΟΙΚ221

250 - 300

10

OIK417

Marketing and Strategy

7

Elective

250 - 300

10

OIK418

Time Series Econometrics

7

Elective

ΟΙΚ213

250 - 300

10

OIK427

Philosophy of Economic Thought

8

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK428

Political Economy and Economic Systems

8

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK429

Mergers and Acquisitions

8

Elective

ΟΙΚ311

250 - 300

10

 

Specialization: Energy Economics with Emphasis in Oil and Gas Economics

OIK312

Energy and Natural Resource Economics

5

Required

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK322

Environmental Economics

6

Required

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK411

International Energy Markets

7

Required

ΟΙΚ321, ΟΙΚ311

250 - 300

10

OIK412

Oil and Gas Industry

7

Required

ΟΙΚ321

250 - 300

10

OIK421

Oil and Gas Markets: Financial Analysis

8

Required

ΟΙΚ311

250 - 300

10

OIK422

Strategic Planning for the Oil and Gas Industry

8

Required

ΟΙΚ321, ΟΙΚ311

250 - 300

10

OIK313

Advanced  Business Economics

5

Elective

ΟΙΚ211

250 - 300

10

OIK314

Organization of Business

5

Elective

ΟΙΚ212

250 - 300

10

OIK323

Corporate Finance

6

Elective

ΟΙΚ211, ΟΙΚ311

250 - 300

10

OIK413

Organization of Business

7

Elective

ΟΙΚ211

250 - 300

10

OIK414

Entrepreneurship, Theory and Practice

7

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK415

Securities and Investments

7

Elective

ΟΙΚ311

250 - 300

10

OIK416

Banks and Banking Environment

7

Elective

ΟΙΚ311

250 - 300

10

OIK423

Operations Management

8

Elective

ΟΙΚ211

250 - 300

10

OIK424

E-Business

8

Elective

ΟΙΚ211

250 - 300

10

OIK425

International Finance

8

Elective

ΟΙΚ311, ΟΙΚ321

250 - 300

10

OIK426

Risk Management in Banking

8

Elective

ΟΙΚ311

250 - 300

10

 

 Specialization: Business Economics

OIK313

Advanced  Business Economics

5

Required

ΟΙΚ211

250 - 300

10

OIK323

Corporate Finance

6

Required

ΟΙΚ211, ΟΙΚ311

250 - 300

10

OIK413

Organization of Business

7

Required

ΟΙΚ211

250 - 300

10

OIK414

Entrepreneurship, Theory and Practice

7

Required

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK423

Operations Management

8

Required

ΟΙΚ211

250 - 300

10

OIK424

E-Business

8

Required

ΟΙΚ211

250 - 300

10

OIK312

Energy and Natural Resource Economics

5

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK314

Financial Accounting

5

Elective

ΟΙΚ212

250 - 300

10

OIK322

Environmental Economics

6

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK411

International Energy Markets

7

Elective

ΟΙΚ321, ΟΙΚ311

250 - 300

10

OIK412

Oil and Gas Industry

7

Elective

ΟΙΚ321

250 - 300

10

OIK415

Securities and Investments

7

Elective

ΟΙΚ311

250 - 300

10

OIK416

Banks and Banking Environment

7

Elective

ΟΙΚ311

250 - 300

10

OIK421

Oil and Gas Markets: Financial Analysis

8

Elective

ΟΙΚ311

250 - 300

10

OIK422

Strategic Planning for the Oil and Gas Industry

8

Elective

ΟΙΚ321, ΟΙΚ311

250 - 300

10

OIK425

International Finance

8

Elective

ΟΙΚ311, ΟΙΚ321

250 - 300

10

OIK426

Risk Management in Banking

8

Elective

ΟΙΚ311

250 - 300

10

 

Specialization: Banking and Finance

ΟΙΚ314  

Financial Accounting

5

Required

ΟΙΚ212

250 - 300

10

OIK323

Corporate Finance

6

Required

ΟΙΚ211, ΟΙΚ311

250 - 300

10

OIK415

Securities and Investments

7

Required

ΟΙΚ311

250 - 300

10

OIK416

Banks and Banking Environment

7

Required

ΟΙΚ311

250 - 300

10

OIK425

International Finance

8

Required

ΟΙΚ311, ΟΙΚ321

250 - 300

10

OIK426

Risk Management in Banking

8

Required

ΟΙΚ311

250 - 300

10

OIK312

Energy and Natural Resource Economics

5

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK313

Advanced  Business Economics

5

Elective

ΟΙΚ211

250 - 300

10

OIK322

Environmental Economics

6

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK411

International Energy Markets

7

Elective

ΟΙΚ321, ΟΙΚ311

250 - 300

10

OIK412

Oil and Gas Industry

7

Elective

ΟΙΚ321

250 - 300

10

OIK413

Organization of Business

7

Elective

ΟΙΚ211

250 - 300

10

OIK414

Entrepreneurship, Theory and Practice

7

Elective

ΟΙΚ211, ΟΙΚ221

250 - 300

10

OIK421

Oil and Gas Markets: Financial Analysis

8

Elective

ΟΙΚ311

250 - 300

10

OIK422

Strategic Planning for the Oil and Gas Industry

8

Elective

ΟΙΚ321, ΟΙΚ311

250 - 300

10

OIK423

Operations Management

8

Elective

ΟΙΚ211

250 - 300

10

OIK424

E-Business

8

Elective

ΟΙΚ211

250 - 300

10

Σύνολο

6000 - 7200

240

 

 

 

OIK111, Principles of Economic Analysis I, 10 ects

OIK112, Statistical Analysis of Economic Data I, 10 ects

OIK113, Quantitative Methods in Economics I, 10 ects

OIK121, Principles of Economic Analysis II, 10 ects

OIK122, Statistical Analysis of Economic Data II, 10 ects

OIK123, Quantitative Methods in Economics II, 10 ects

OIK211, Microeconomic Theory, 10 ects

OIK212, Principles of Financial Accounting, 10 ects

OIK213, Econometrics, 10 ects

OIK221, Macroeconomic Theory, 10 ects

OIK222, Public Economics, 10 ects

OIK223, Industrial Organization, 10 ects

OIK311, Introduction to Financial Theory, 10 ects

OIK312, Energy and Natural Resource Economics, 10 ects

OIK313, Advanced  Business Economics, 10 ects

OIK314, Organization of Business, 10 ects

OIK315, Principles of Business Administration, 10 ects

OIK316, Topics in Advanced Microeconomics, 10 ects

OIK321, International Economics, 10 ects

OIK322, Environmental Economics, 10 ects

OIK323, Corporate Finance, 10 ects

OIK324, Human Resource Management, 10 ects

OIK325, Labour Economics, 10 ects

OIK326, Topics in Advanced Macroeconomics, 10 ects

OIK411, International Energy Markets, 10 ects

OIK412, Oil and Gas Industry, 10 ects

OIK413, Organization of Business, 10 ects

OIK414, Entrepreneurship, Theory and Practice, 10 ects

OIK415, Securities and Investments, 10 ects

OIK416, Banks and Banking Environment, 10 ects

OIK417, Marketing and Strategy, 10 ects

OIK418, Time Series Econometrics, 10 ects

OIK421, Oil and Gas Markets: Financial Analysis, 10 ects

OIK422, Strategic Planning for the Oil and Gas Industry, 10 ects

OIK423, Operations Management, 10 ects

OIK424, E-Business, 10 ects

OIK425, International Finance, 10 ects

OIK426, Risk Management in Banking, 10 ects

OIK427, Philosophy of Economic Thought, 10 ects

OIK428, Political Economy and Economic Systems, 10 ects

OIK429, Mergers and Acquisitions, 10 ects

OIK495, Industry Placement (1st), 5 ects

OIK496, Industry Placement (2nd), 5 ects

If you would like to request more information about the "Industry Placement" Thematic Unit / Module OIK495 and OIK496, please contact the OUC Liaison Office here.

Academic Personnel

Christina Christou, Associate Professor, Academic Coordinator, christina.christou@ouc.ac.cy, 0035722411883

 

Adjunct Faculty (Tutors)

Ανοικτό Πανεπιστήμιο Κύπρου - Open University of Cyprus has 23 registered members
Name
Modules
Coordinator
Email
Αικατερίνη Κύρτσου (Aikaterini Kyrtsou)
ΟΙΚ311: Αρχές Χρηματοοικονομικής Θεωρίας
-
...
Αντώνιος Ρεζίτης (Antonios Rezitis)
ΟΙΚ312: Οικονομικά της Ενέργειας και των Φυσικών Πόρων
Module Coordinator
...
Απόστολος Χριστόπουλος (Apostolos Christopoulos)
ΟΙΚ416: Τράπεζες και Τραπεζικό Περιβάλλον
Module Coordinator
...
Απόστολος Δασίλας (Apostolos Dasilas)
ΟΙΚ313: Προχωρημένα Οικονομικά των Επιχειρήσεων
Module Coordinator
...
Χρήστος Αλεξάκης (Christos Alexakis)
ΟΙΚ111: Αρχές Οικονομικής Ανάλυσης Ι
-
...
Χρήστος Μπούρας (Christos Bouras)
ΟΙΚ112: Στατιστική Ανάλυση Οικονομικών Δεδομένων Ι
Module Coordinator
...
Δημήτριος Γουνόπουλος (Dimitrios Gounopoulos)
ΟΙΚ212: Αρχές Χρηματοοικονομικής Λογιστικής
Module Coordinator
...
Δημήτρης Καινούργιος (Dimitris Kenourgios)
ΟΙΚ311: Αρχές Χρηματοοικονομικής Θεωρίας
Module Coordinator
...
Εμμανουήλ Απέργης (Emmanouil Apergis)
ΟΙΚ315: Αρχές Διοίκησης Επιχειρήσεων
Module Coordinator
...
Γεώργιος Γαλάνης (George Galanis)
ΟΙΚ113: Ποσοτικές Μέθοδοι στα Οικονομικά Ι
-
...
Γεώργιος Σταθάκης (Georgios Stathakis)
ΟΙΚ113: Ποσοτικές Μέθοδοι στα Οικονομικά Ι
Module Coordinator
...
Ιωάννα Δεληγιάννη (Ioanna Ddeligianni)
ΟΙΚ414: Επιχειρηματικότητα, Θεωρία και Πράξη
Module Coordinator
...
Ιωάννης Ντόκας (Ioannis Dokas)
ΟΙΚ413: Oργάνωση Επιχειρήσεων
Module Coordinator
...
Ιωάννης Τσάκαλος (Ioannis Tsakalos)
ΟΙΚ411: Διεθνείς Αγορές Ενέργειας, ΟΙΚ412: Βιομηχανία Πετρελαίου και Φυσικού Αερίου
Module Coordinator
...
Κανέλλος Τούντας (Kanelos Tountas)
ΟΙΚ212: Αρχές Χρηματοοικονομικής Λογιστικής
-
...
Κωνσταντίνος Ελευθερίου (Konstantinos Eleftheriou)
ΟΙΚ211: Μικροοικονομική Θεωρία
Module Coordinator
...
Μιχαήλ Παζάρσκης (Michail Pazarskis)
ΟΙΚ314: Χρηματοοικονομική Λογιστική
Module Coordinator
...
Νικόλαος Φίλιππας (Nikolaos Filippas)
ΟΙΚ415: Αξιόγραφα και Επενδύσεις
Module Coordinator
...
Σωτήριος Καρκαλάκος (Sotirios Karkalakos)
ΟΙΚ111: Αρχές Οικονομικής Ανάλυσης Ι
Module Coordinator
...
Σταύρος Ντεγιαννάκης (Stavros Degiannakis)
ΟΙΚ112: Στατιστική Ανάλυση Οικονομικών Δεδομένων Ι
-
...
Στέλιος Τσαφαράκης (Stelios Tsafarakis)
ΟΙΚ417: Μάρκετινγκ και Στρατηγική
Module Coordinator
...
Θεόδωρος Παναγιωτίδης (Theodore Panagiotidis)
ΟΙΚ213: Οικονομετρία
Module Coordinator
...
Βαγγέλης Τζουβελέκας (Vangelis Tzouvelekas)
ΟΙΚ211: Μικροοικονομική Θεωρία
-
...

 

For additional information, please contact Ms. Pitsillou Maria (maria.pitsillou@ouc.ac.cy), 00357-22411880