Michail Skourtos

Faculty Profile


  • PhD, Economics, J.W. von Goethe Unviersity, Frankfurt
  • Bachelor, Economics, National University of Athens


Michail Skourtos is a full professor at the Department of Economics, College of Business Administration. During his career, Michail has studied and published on topics including behavioral microeconomics, economic tools for uncertainty and risk assessment, non-market valuation of ecosystem and climate services, green taxes, environmental markets and finance, water resources management and policy, watershed management and coastal systems, energy investment appraisal, climate adaptation planning, ανδ stakeholder analysis. He is the Director of the Academic Accreditation Unit at the College of Business Administration, a consultant to the Governor of the Bank of Greece on the economic impacts of climate change and a former Honorary Research Fellow, Centre for Social and Economic Research on the Global Environment [CSERGE], University of East Anglia, Norwich, UK. Michail has been affiliated with several international organizations [OECD, EU, BONUS, EUROSTAT, UNESCO/MAB, DAAD] on matters of sustainability policy and assessment, served on the Board of the Joint Research Center, European Union, and hold eleven visiting research and teaching positions in Greece and abroad.

Expertise and Research Interests

  • Applied Microeconomics
  • Environmental, Energy and Climate Economics
  • Investment Appraisal
  • History of Economic Thought
  • A combined probabilistic framework to support investment appraisal under uncertainty in desalination projects: an application to Kuwait’s water/energy nexus. M. Skourtos, A. Kontogianni, D. Damigos, C Tourkolias, A. Marafie and M. Zainal, Water Supply 21 (1) (2021)
  • Model Validity and Transferability Informing Behavioral Energy Policies. A. Kontogianni, D. Damigos, M. Skourtos, C Tourkolias, E Denny, I Galarraga, S Kallbekken and E. Lakić, Energies 14(11) (2021)
  • Efficient energy labelling: the impact of information content and style on product choice. M. Skourtos, D. Damigos, C. Tourkolias and A. Kontogianni, Energy Efficiency, 14 (58) (2021)
  • Dissecting subjective discount rates and investment literacy for energy-efficient investments. D. Damigos, C. Tourkolias, A. Kontogianni and M. Skourtos, Energy Efficiency 14 (31) (2021)
  • Exploring the Factors Influencing Energy Efficiency in the Greek Hotel Sector. C Tourkolias, A Kontogianni, D Damigos and M. Skourtos, Acta Innovations 37: 5-20, (2020)
  • Behind the scenes: Why are energy efficient home appliances such a hard sell? D. Damigos, A. Kontogianni, C. Tourkolias, M. Skourtos, Resources, Conservation & Recycling 158:104761 (2020)
  • Embedding preference uncertainty for environmental amenities in climate change economic assessments: A ‘random’ step forward. M. Skourtos, Damigos D., Kontogianni A., Tourkolias C. A. Hunt, Economies (2019)
  • Development of a composite climate change vulnerability index for small craft harbours. A. Kontogianni, D. Damigos, T. Kyrtzoglou, C. Tourkolias M. Skourtos Environmental Hazards DOI: 10.1080/17477891.2018.1512469 (2018)
  • Tools and methods to support adapting policy making in marine areas. Review and implementation of the Adaptive Marine Policy framework. Furlan E. Torresan S. Ronco P., Critto A., Boteler B., Breil M., Kontogianni A., Kruger I., Le Tellier J., Garmendia M., Pascual M., Roeleveld G., Sauzade D., M. Skourtos, Ocean and Coastal Management (2018)
  • 2021: Member, CBA Advisory Committee for Appointments and Promotions
  • 2019 – present: Director, CBA International Academic Accreditation Unit 2018 – present: Member, Departmental Academic and Curriculum Committee (Research and Publications)
  • 2019: Member, Departmental Training and Consulting Committee
  • Bank of Greece 2011 – present
  • OECD 2004-2011, European Commission
  • DG Environment 1998 – 2006
  • UNESCO/MAB Committee 2002 – 2004
  • Joint Baltic Sea Research Programme (BONUS) 2005
  • Ministry of External Affairs 1999 – 2001
  • Ministry of Environment and Climate Change 1998 – 2005
  • Union of Greek Industrialists (SEB) 2000
  • EUROSTAT 1998 – 2001
  • German Academic Exchange Service (DAAD) 1998 – 2000
  • Honorary Research Fellow, Centre for Social and Economic Research on the Global Environment [CSERGE], University of East Anglia, Norwich, UK 2001 – 2010
  • Board of Governors, Joint Research Center, European Union 2004
  • European J. Monnet Chair for European Environmental Policy 2002
  • British Council, UK research collaboration award 1998
  • ECON 309: Economics of Natural Resources
  • ECON212: Money and Banking
  • ECON211: Macroeconomic Theory
  • ECON500: Microeconomic Theory
  • ECON513: Public Economics I
  • ECON514: Public Economics II
  • ECON515: Industrial Economics and Organization
  • ECON523: Economics of Natural Resources
  • ECON502: Applied Microeconomics
  • ECON521: Special Topics in Economic Policy
  • CoCoNet: Towards Coast to Coast Networks of Marine Protected Areas Coupled with Sea-Based Wind Energy Potential, F. Boero, F. Foglini, S. Fraschetti, P. Goriup, E. Macpherson, S. Planes, T. Soukissian, the Cocconet Consortium, SCIentific RESearch and Information Technology Ricerca Scientifica e Tecnologie dell’Informazione, CASPUR-CIBER Publishing, (2016)
  • Environmental Policy in Greece, M. Skourtos and K. Sophoulis, Typothito Editions, Athens (1996)
  • Air Pollution in Greece. A. Pelekasi and M. Skourtos, Papazisis Editions / WWF, Athens (1992)
  • Der ‘Neoricardianismus’. V. K. Dmitriev und die Kontinuität in der klassischen Tradition. M. Skourtos, Centaurus Verlagsgesellschaft, Pfaffenweiler (1985)
  • Critical Conjunctures and Promising Pathways for the Post-Covid19 Higher Education: Insights from Kuwait / The GCC Economies in the Wake of COVID19: Charting the Road to Recovery and Resilience / February 2011
  • Perceptions of energy saving in agriculture: a qualitative analysis in Greece / 15th International Association of Energy Economics Conference / Vienna / 3 – 6 September 2017
  • Consumer energy efficiency decision making /HAEE conference “The Landscape in the New Era of Energy Transition: Challenges, Investment Opportunities and technological innovations/ Athens, 18-20 May 2017
  • Development of science-based marine policies in the Mediterranean and Black Seas / PERSEUS SCIENTIFIC WORKSHOP / Athens, Greece / 29-30 Jan 2014,
  • The socio- economic cost of a gelatinous future: A general assessment and some methodological advice / Opening Keynote Speaker, International Workshop ‘Coming to grips with the jellyfish phenomenon in the Southern European and other Seas: research to the rescue of coastal managers’ / University of Cadiz, Spain / 2015
  • Adaptive Marine Policy (AMP) Toolbox: Supporting policymakers developing adaptive policies to cope with Marine litter in the Mediterranean and Black Sea / Scientific Conference Integrated marine research in the Mediterranean and the Black Sea / Flemish Academy of Science, Brussels, Belgium / 7th– 9th December 2015,
  • What are marine ecosystems services worth? The V-MESSES database / Scientific Conference Integrated marine research in the Mediterranean and the Black Sea / Flemish Academy of Science, Brussels, Belgium / 7th– 9th December 2015