GBPGBP (Global Business Program)
ECN100FB-A5507（経済学 / Economics 100）Introduction to Japanese EconomyIntroduction to Japanese Economy
Hideaki HIRATA
授業コードなどClass code etc
| 学部・研究科Faculty/Graduate school | GBPGBP (Global Business Program) |
| 添付ファイル名Attached documents | |
| 年度Year | 2023 |
| 授業コードClass code | A5507 |
| 旧授業コードPrevious Class code | |
| 旧科目名Previous Class title | |
| 開講時期Term | 春学期授業/Spring |
| 曜日・時限Day/Period | 水3/Wed.3 |
| 科目種別Class Type | |
| キャンパスCampus | 市ヶ谷 / Ichigaya |
| 教室名称Classroom name | 市BT‐0606 |
| 配当年次Grade | 1～4 |
| 単位数Credit(s) | 2 |
| 備考（履修条件等）Notes | |
| 他学部公開科目Open Program | |
| 他学部公開（履修条件等）Open Program (Notes) | |
| グローバル・オープン科目Global Open Program | ○ |
| 成績優秀者の他学部科目履修制度対象Interdepartmental class taking system for Academic Achievers | |
| 成績優秀者の他学部科目履修（履修条件等）Interdepartmental class taking system for Academic Achievers (Notes) | |
| 実務経験のある教員による授業科目Class taught by instructors with practical experience | ○ |
| SDGsCPSDGs CP | |
| アーバンデザインCPUrban Design CP | |
| ダイバーシティCPDiversity CP | |
| 未来教室CPLearning for the Future CP | |
| カーボンニュートラルCPCarbon Neutral CP | |
| 千代田コンソ単位互換提供（他大学向け）Chiyoda Campus Consortium | |
| カテゴリーCategory |
専門教育科目／Business Administration Courses 専門基礎科目／Introductory Courses of Business Administration |
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授業の概要と目的（何を学ぶか）Outline and objectives
This course provides an introduction to (1) the Japan's macroeconomic characteristics, (2) the Japan's current economic issues, and (3) the basic economic principles and methods.
After learning a brief history of the Japanese economy and the basic analytical tools of economics, we focus on Japan's labor markets, financial markets, corporate finance and capital investments, international transactions, and economic policies from the 1980s onward. Comparison with the other economies is frequently done.
By the end of the semester, you are expected to be able to utilize the theoretical and empirical tools practiced in this class to generate practical policy recommendations for Japan's major economic problems.
到達目標Goal
This course is designed to provide students with opportunities to gain a basic understanding of the Japanese economy. The particular goals can be summarized as follows:
1. To learn the history of the Japanese economy after WWII
2. To learn the basic features of Japanese households, firms, and the government and to apply conventional economic theory to understand their behaviors
3. To strengthen analytical skills by discussing the strengths and limitations of Japan's corporate system, labor markets, economic policy, and so forth
この授業を履修することで学部等のディプロマポリシーに示されたどの能力を習得することができるか（該当授業科目と学位授与方針に明示された学習成果との関連）Which item of the diploma policy will be obtained by taking this class?
This course is strongly related to the "DP1-3", "DP2-1", "DP2-2", "DP3" and "DP4" diploma policies and fairly related to the "DP1-1", "DP1-2", "DP1-4" and "DP5" policies.
授業で使用する言語Default language used in class
英語 / English
授業の進め方と方法Method(s)（学期の途中で変更になる場合には、別途提示します。 /If the Method(s) is changed, we will announce the details of any changes. ）
This course mainly comprises lectures, slideshows, in-class activities, and discussions. All class materials are distributed through the LMS. Note that the order of the lectures might be changed from the below suggested schedule but what we will cover would not change very much.
Regarding lecture style (in-person and/or online), I am flexible so that the suggested in-person and/or online style is just tentative and is subject to change.
I will give feedback on class assignments during the lecture and/or through Hoppii (i.e., LMS).
アクティブラーニング（グループディスカッション、ディベート等）の実施Active learning in class (Group discussion, Debate.etc.)
あり / Yes
フィールドワーク（学外での実習等）の実施Fieldwork in class
なし / No
授業計画Schedule
授業形態/methods of teaching：対面/face to face
※各回の授業形態は予定です。教員の指示に従ってください。
1[対面/face to face]：Introduction
Syllabus guidelines; an overview of the Japanese economy's postwar macroeconomic performance.
2[対面/face to face]：Japanese economy and the World economy
The Japanese economy's postwar macroeconomic performance; basic economic statistics, such as GDP and its components.
3[対面/face to face]：Principles of Markets 1
Understanding what demand, supply and equilibrium are. Use various cases to theoretically see what happens in the market.
4[対面/face to face]：Principles of Markets 2
Understanding what would shift (=make changes in) demand and supply. Studying cases of what happened in the actual markets.
5[オンライン/online]：Labor 1
Characteristics of Japanese labor markets and firms; Understanding Japanese labor market.
6[オンライン/online]：Labor 2
Characteristics of Japanese labor markets and firms; Understanding the relationship between labor and firms.
7[オンライン/online]：Labor 3
Money and Finance 1
The relationship economic fluctuations and the labor markets.
The role of money circulating in the economy.
8[オンライン/online]：Money and Finance 2
The role of money & banking in the Japanese economy
9[対面/face to face]：Money and Finance 3
Fundraising of firms and investors in the financial markets.
Financial conditions of economic agents and their roles in the Japanese economy.
10[対面/face to face]：Bubble and the balance sheet problems
International Trade 1
Understanding the bubble economy in the late 80s and the scars of that.
Basic characteristics of exports and import between Japan and the rest of the world.
11[オンライン/online]：International Trade 2
International Finance
The determinants of Japan's exports and imports; the role of cross-border financial transactions with the rest of the world.
12[オンライン/online]：Firms 1
The characteristics of Japanese firms and their corporate governance.
13[オンライン/online]：Firms 2
Agency problem and its importance in Japan.
14[対面/face to face]：Review
Q & A sessions and extra issues to strengthen students' understandings of lectures 1-13.
授業時間外の学習（準備学習・復習・宿題等）Work to be done outside of class (preparation, etc.)
Students are expected to read the assigned materials and contribute to class discussions. Preparatory study and review time for this class are 2 hours each.
テキスト（教科書）Textbooks
Greg Mankiw (2020) Principles of Economics, Cengage.
Ito and Hoshi (2020) The Japanese Economy, MIT Press.
You SHOULD NOT buy these textbooks before the first class meeting since a special instruction will be provided for the students of this class.
参考書References
1. Papers and newspaper articles will be assigned throughout the semester.
2. Annual Report on the Japanese Economy and Public Finance.
3. David Flath (2014), The Japanese Economy (3rd Edition), Oxford University Press. ISBN: 9780198702405.
成績評価の方法と基準Grading criteria
Final exam: 100%. (1) Solving and submitting non-mandatory problem sets and (2) class participation (including non-mandatory problem sets) will give you extra points.
Final exam will be offered in-person. In some special cases, online exam will be prepared and you should have good access to the Internet. You need PC (no smartphone or tablet) to take the exam properly.
The fail rate was less than 5% for the last 5 years.
学生の意見等からの気づきChanges following student comments
I tried to design this course to motivate students to be interested in learning economic ideas and to understand why those ideas are powerful.
学生が準備すべき機器他Equipment student needs to prepare
You need a computer/tablet. Most of the materials would be distributed electrically by using PDF.
その他の重要事項Others
This course has no prerequisites. I strongly encourage students to take Principles of Macroeconomics, Principles of Microeconomics, Business Management in Japan, Japanese Innovation Management, Human Resource ManagementⅠ/Ⅱ, and Corporate Finance AFTER taking this course.
Please note that if the number of students attending the first class significantly exceeds expectations, in order for the instructor to effectively manage the class, the number of students who are allowed to register for the course may be limited.
Prerequisites
None
Upon threat level change
Please note that the teaching approach may vary according to which threat level we are at: at level 1, this course will be held on campus, though at level 2, it will be held online.