An NTUA Diploma Thesis titled “Economic assessment of free public transport in Athens” was recently presented by Chrysavgi (Chrysa) Vagdatli. For this purpose, a social-economic analysis, in the context of a Cost Benefit Analysis (CBA), was conducted to assess the socio-economic impact of the FPT, up to the year 2030. In the framework of the CBA, four Scenarios for reduction of public transport tickets were examined. Consequently, a multinomial logistic model was developed to investigate for each of the three Scenarios the level preferring Athenians the FPT over private car, using data from a stated preference questionnaire survey. This social-economic analysis demonstrated that the introduction of FPT in Athens can contribute to social welfare mainly due to the modal shift from private cars to public transport.