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The unending process of globalization and liberalization of market and economy has expanded opportunities and prompted the introduction of new ideas of leadership and management. The proliferation of business strategies in globalized world.
Table of contents

The main focus of this course will be on the practical steps and techniques involved in an actual cost-benefit analysis. Students will learn practical methods of market and non-market valuation of costs and benefits. The primary objective of this course is to provide students with an understanding of the policies, procedures and techniques of environmental impact assessment.

Corporate Environmental Responsibility - Optimy Wiki

The course offers the theoretical and practical knowledge to use a range of techniques to assess the impacts of new or existing projects on the environment. It provides students with an understanding of how one goes about assessing environmental impacts and of the techniques that you can apply in various situations. It introduces students to environmental impact assessment issues such as understanding how laws work, quantitative and qualitative reasoning, interpreting graphs and tables, critical thinking and reading.

Topics include an overview of environmental impact assessment; selection of scientific, engineering, and socioeconomic factors in environmental impact assessment; identification of quantitative and qualitative environmental evaluation criteria; application of traditional and other techniques for assessing impacts of predicted changes in environmental quality; approaches for identifying, measuring, predicting, and mitigating environmental impacts; modelling techniques employed in environmental impact assessment; environmental standards and the environmental impact assessment process; and methodologies for incorporating environmental impact assessment into management decision making.

Students learn to prepare an environmental impact assessment, review and critically analyse an environmental impact statement. The course considers the operation of EIA procedures in Greece and in other, mainly European, countries and examines the relevant legal framework in Greece and other European countries. The aim of this course is to introduce students to be able to have an advanced knowledge of the operation of the energy markets, that is to say electricity market, natural gas market and renewable energy sources. In addition, an introduction to oil and gas law upstream will be taught. The course aims introduces students to the international framework for environmental protection, including international institutions, policies and the principles and rules of international environmental law.

The course introduces briefly the main global environmental problems, stressing their importance and the urgent need to resolve them. The course examines how the international community has recognised and sought to deal with the interdependence of the global environment through regional and international agreements. A brief history of the development of the key international environmental institutions will be also presented. The role of these international institutions, such as UNEP and CSD, will be examined, as well as the main multilateral, environment-related agreements, such as the Montreal and the Kyoto Protocols.

The effectiveness of these institutions and agreements in protecting the global environment will be assessed and the possibility of setting up an international organization that would centralize all the issues related to international environmental protection, such as the proposed World Environment Organization WEO will be discussed.

The course will assess the increasingly prominent role of NGOs in international environmental institutions, participating in many activities, including negotiation, monitoring and implementation, roles which were traditionally reserved to states. Proposals on how this role could be further developed and better organized will also be presented. Deregulation in the energy markets, as a common international practice, has increased the level of financial risk that these markets face.

Therefore, energy related firms have no will to expose themselves to the financial landscape as it comes. Pro-active actions are more than imperative. These actions may be achieved through the complex process of risk management that quantifies and at the same time minimizes the overall risk. The increasing importance of risk management can be realized through the fact that the energy commodity exchange contracts have shown increased trading activity over the recent years. A student successfully completing this course will be familiar with the widely used techniques in the energy sector for managing financial risk.

The increased exposure of energy markets to free competition is a stylized fact for every fast-growing economy on the globe. In a risky environment, it is of an imperative importance for all market participants to make optimal decisions.

Sustainable Development

Therefore, effective model building and precise forecasting for a target variable energy prices, energy demand have become a significant comparative advantage for extracting meaningful information from the available data. The course examines in-depth modern model building approaches and forecasting techniques, which are widely used in the energy sector. Topics which are examined include: exploring data patterns, moving averages and exponential smoothing, time-series decomposition, forecasting via dynamic regression models and cointegrated models.

Environmental management systems and sustainable development

Provided that the orientation of the course is applied, emphasis will be given on the effective usage of powerful forecasting software and as a result several classes will take place on a lab. The skills developed in the course will be useful for managers and practitioners in maximizing the effectiveness of polices and business decisions. The student may apply into positions, which call for general data analysis and forecasting and monitoring market trends.

In order to achieve true sustainability, it is of paramount importance to assess the environmental impact of new products, technologies and systems using a holistic approach that takes into account all the steps in the lifecycle of the system under investigation. Life cycle assessment LCA is a fundamental method for assessing the environmental impacts of products and technologies from a "cradle to grave" systems perspective.

It is an essential tool for anyone who performs environmental analyses or uses the results of such analyses for decision making. This course will provide an introduction to LCA methods and applications.


  1. Fantastic Four (1961-1998) #348;
  2. Sustainable business and environment management;
  3. Screening Evaluation.

Besides the LCA methodology, focus will be given on the correct interpretation of the results and the understanding of the strengths and limitations of LCA. This is a course on applied econometrics dealing with 'panel' or 'longitudinal' data sets which are frequently met in empirical applications in the energy and financial sector. Topics to be studied include specification, estimation, and inference in the context of models that include individual firm, person, etc.

The course begins with a review of the standard linear regression model, then apply it to panel data settings involving 'fixed', 'random', and 'mixed' effects. The basic model will be extended to spatial and dynamic models with recently developed GMM and instrumental variables methods. Furthermore, the course will consider numerous applications from the literature, including static and dynamic panel data regression models. Basic understanding of econometric analysis is required. Knowledge of calculus, algebra, probability theory and statistics are essential for this course.

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  • MSc in Environmental Management and Sustainability?
  • Sustainability management system: The Triple Bottom Line;
  • The four pillars of sustainability!

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    Corporate Environmental Responsibility

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