The purpose of this course is to study the development of the Greek Economy during the last fifty years. At a first stage, it analyzes the models of economic development and the protectionism that prevailed until the 1980s. At a next stage, it extensively discusses issues such as the effects of EΕC accession, the macroeconomic policy of the 1980s, the change in the monetary policy in the 1990s, the way that Greece chose to reduce inflation and fulfil the Maastricht criteria, the economic policy in the period following the introduction of the euro as well as the causes of the recent economic crisis.