UNESCO Chair NTUA

Contact us at
unesco.chair.ntua@gmail.com

Zografou Campus of
NTUA
Athens, 157 80

Undergraduate Classes

The classes taught by the Chair at the School of Mechanical Engineering and the School of Naval Architecture and Marine Engineering of the National Technical University of Athens, as part of the undergraduate curriculum, are the following.

Engineering Economics I

This course introduces students to the fundamentals of Technological Economics, with a focus on resource allocation in production systems and economic decision-making in engineering. Key topics include marginal analysis, productivity and input valuation, production resource costs, and output valuation. Students learn methods such as break-even analysis, utility theory, and economic evaluation of engineering activities. Investment evaluation is covered in depth, including cash flow discounting, comparative evaluation techniques, and investment criteria. Emphasis is also placed on the preparation, planning, and evaluation of Investment Plans, exploring their individual sections and relevant financial tools such as balance sheets, profit and loss statements, and financial ratios. In alignment with modern sustainability imperatives, the course incorporates elements of circular economy thinking and long-term environmental and social impacts in investment decision-making, helping future engineers contribute to sustainable industrial development.

Business Planning and Green Innovation (Engineering Economics II)

This course introduces students to the field of green innovation and environmental economics through the lens of business planning and engineering economics. Emphasis is placed on new, innovative models of the circular economy and how they reshape business strategy. Topics include open innovation models, intrapreneurship, ecosystem innovation programs, business accelerators, and technology acquisition strategies addressing environmental issues. The course also examines the broader innovation ecosystem, including venture capital funding for green technologies. Students develop new ideas and business plans in the environmental sector using structured methodologies and business tools. By focusing on sustainable development, this course empowers students to create environmentally responsible ventures and contributes to the transition toward more circular and regenerative economic systems.