Contemporary Japanese Economy

Course title

00597901

	nagahara toru
	miyake mitsue

Course description

This course introduces an economic way of thinking, then a recent economic and financial situation. A famous economist said, “studying economics enable us to understand the structure of the world.” It is hoped that all the students become to understand it at the end of the course.

Purpose of class

Participants are expected to have own opinions on the ground of obtained knowledge and discuss them in various situations.

Goals and objectives

Obtain an economic way of thinking.
Understand basic economic theories.
Hold one's own opinion on a recent economic and financial situation.
Be able to grasp contents of the Nikkei.

Language

Japanese

Class schedule

	Class schedule	HW assignments (Including preparation and review of the class.)	Amount of Time Required
1.	Introduction: What is economics?	Check the syllabus.	180minutes
2.	Mechanism of Demand and Supply (1): Understand the mechanism	Review the demand curve and the supply curve.	180minutes
3.	Mechanism of Demand and Supply (2): Apply to the actual economy	Review the distributed materials.	180minutes
4.	Market Mechanism	Look up a term of the market mechanism.	150minutes
5.	Financial Market in Japan (1): Difference between Japan and U.S.	Review the distributed materials.	210minutes
6.	Financial Market in Japan (2): Flow of funds chart	Review the paper that you grappled in the lecture.	120minutes
7.	Financial Structure and Macroeconomic Policy	Review the distributed materials.	180minutes
8.	Public Finance in Japan (1): Budget deficit	Look up a word of "inequalities between young and old generations."	150minutes
9.	Public Finance in Japan (2): Disparity between urban and rural areas	Review the distributed materials.	210minutes
10.	National Pension in Japan	Examine what problem the national pension has in Japan.	180minutes
11.	Business Cycle and Economic Growth	Consider the relation between a business cycle and a national election.	150minutes
12.	International Economics: International balance of payments and Ricardo's theory of comparative advantage	Review the distributed materials.	240minutes
13.	Protectionism vs. Free Trade System	Examine the pro and con concerning Japan's joining in the Trans-Pacific Partnership.	240minutes
14.	Review and Final Exam	Review all the lectures.	300minutes
Total.	-	-	2670minutes

Relationship between 'Goals and Objectives' and 'Course Outcomes'

	Paper	Quiz	Final Exam	Total.
1.	10%	10%	5%	25%
2.	5%	5%	20%	30%
3.	10%	5%	5%	20%
4.	5%	10%	10%	25%
Total.	30%	30%	40%	-

Evaluation method and criteria

There will be a main exams (50%). In addition, there will be four papers (40%) and two quizzes about the lecture (10%).
The students who are absent from a lecture than a one-third can not get any credits.

Textbooks and reference materials

Lecture materials are distributed.

Prerequisites

None

Office hours and How to contact professors for questions

＜Omiya＞（Wed）（Thur）＜Toyosu＞（Mon）（Fri）
During a lunch break or by e-mail
In a case beyond the class capacity, students of the lecture will be selected by lot.

Regionally-oriented

Non-regionally-oriented course

Development of social and professional independence