Course title
00126300
Microeconomics

 nagahara toru Click to show questionnaire result at 2018
Course description
The purpose of this course is to help students master microeconomic theories. This course introduces the theory of households and firms behaviors, imperfect competition and externalities. Then, it takes up asymmetry of information and uncertainty in real economy.
Purpose of class
Students are expected to acquire microeconoic theories, economic reasoning and methods of economic analysis.
Goals and objectives
  1. Obtain microeconomic theories.
  2. Understand market efficiency and failure, and examine how they have an impact on the real economy.
  3. Learn the limits of economic analysis.
Language
Japanese
Class schedule

 Class schedule HW assignments (Including preparation and review of the class.) Amount of Time Required
1. Introduction: What is microeconomics? Check the syllabus. 120minutes
2. Microeconomic Reasoning Read the Chapter 1 of the textbook. 150minutes
3. Market Mechanism: Principle of Demand and Supply Read the Chapter 2 of the textbook. 180minutes
4. Demand and Consumer Behavior (1): Indifference Curve Read the Chapter 3 of the textbook. 180minutes
5. Demand and Consumer Behavior (2): Derivation of the Demand Function Read the Chapter 4 of the textbook. 210minutes
6. Method of Lagrange Multiplier Review basic mathematics. 180minutes
7. Production and Firm Behavior (1): Production Function Read the Chapter 6 of the textbook. 210minutes
8. Production and Firm Behavior (2): Production Function: Cost Function Read the Chapter 7 of the textbook. 240minutes
9. Production and Firm Behavior (3): Long-term Firm Behavior Read the Chapter 8 of the textbook. 180minutes
10. Efficiency of Market Equilibrium Read the Chapter 9 of the textbook. 240minutes
11. Imperfect Competition: Monoploly, Duopoly and Oligopoly Read the Chapter 10 of the textbook. 180minutes
12. Market Failure (1): Externalities Read the Chapter 12 of the textbook. 240minutes
13. Market Failure (2): Supply of Public Goods and Asymmetry of Information Examine about the definition of public goods. 210minutes
14. Review and Final Exam Review all the lectures. 240minutes
Total. - - 2760minutes
Relationship between 'Goals and Objectives' and 'Course Outcomes'

 Quiz FinalExam Total.
1. 20% 40% 60%
2. 10% 10% 20%
3. 10% 10% 20%
Total. 40% 60% -
Evaluation method and criteria
There will be a main exams (50%). In addition, there will be ten quizzes anout the lecture (50%).
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.
（Textbook）Nishimura, K. (2011) Microeconomics 3rd Edition, Iwanami Shoten.
Prerequisites
It is desirable to have studied Introduction to Economics.
Office hours and How to contact professors for questions
  • ＜Omiya＞（Wed）（Thur）　＜Toyosu＞（Mon）（Fri）
    During a lunch break or by e-mail
Relation to the environment
Non-environment-related course
Regionally-oriented
Non-regionally-oriented course
Development of social and professional independence
  • Course that cultivates an ability for utilizing knowledge
  • Course that cultivates a basic self-management skills
  • Course that cultivates a basic problem-solving skills
Active-learning course
More than one class is interactive
Last modified : Wed Oct 17 07:05:58 JST 2018