IGESS (Institute for Global Economics and Social Sciences)

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ECN300CA(経済学 / Economics 300)
International Economics A

Ni BIN

Class code etc
Faculty/Graduate school IGESS (Institute for Global Economics and Social Sciences)
Attached documents
Year 2021
Class code K6723
Previous Class code
Previous Class title
Term 春学期授業/Spring
Day/Period 水3/Wed.3
Class Type
Campus 多摩
Classroom name
Grade 3~4
Credit(s) 2
Notes
Open Program
Open Program (Notes)
Global Open Program
Interdepartmental class taking system for Academic Achievers
Interdepartmental class taking system for Academic Achievers (Notes)
Class taught by instructors with practical experience
SDGs CP
Urban Design CP
Diversity CP
Learning for the Future CP
Carbon Neutral CP
Chiyoda Campus Consortium
Category Advanced Courses/専門科目
Disciplinary Courses/IGESS科目
Ⅱ. Global Economy
Faculty Sponsored Department Economics

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Outline and objectives

We will discuss the globalization of economics from mainly two important perspectives: international trade and foreign direct investment (FDI). In the first half, we will investigate why countries trade, types of trade, and study some of the benefits and costs of trade. In the second half, we will study why firms choose the form of FDI, the determinants of FDI, the spillover impact of FDI on the host countries. Various policies that different governments implement to promote globalization will also be studied.

Goal

The purpose of this course is twofold: to arouse the students’ interest towards the happenings that are related to international economics; and to equip students with the basic knowledge to reasonably question the phenomenon during the process of globalization, from the standpoint of economics.

Default language used in class

英語 / English

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. )

Teaching materials will be uploaded in advance via Hosei's website ('lecture supporting system'). Lectures are given in line with the teaching materials. Quizzes will be combined with feedback papers, take-home tests and a final exam.

Active learning in class (Group discussion, Debate.etc.)

あり / Yes

Fieldwork in class

なし / No

Schedule

※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回目:Introduction

What's international economics?

2回目:The basics of international trade

Some basic terms and what should be learned in international trade

3回目:The analytical framework

Partial equilibrium and surplus analysis

4回目:Ricardo model

Comparative advantage and Ricardian model

5回目:HO model

Factor endowment and HO model

6回目:Scale of economy

Types of trade and the theory of scale of economy

7回目:Trade policy (1)

Tariff

8回目:Trade policy (2)

Export subsidy, quota

9回目:Trade policy (3)

FTA and NTM

10回目:Multinational firms and FDI

The basics of FDI

11回目:Inward FDI

The determinants of inward FDI and the case of China

12回目:Outward FDI

Japanese firms' oversea expansion and the hollowing out

13回目:Offshoring

The economic integration and offshoring

14回目:Sharing economy

The mechanism of sharing economy and its prospect

Work to be done outside of class (preparation, etc.)

It is highly recommended that students prepare in advance and review the contents after the class. Students are encouraged to read newspapers and references that are related to the topics included in the course schedule. It is important that students raise their own questions and actively participate in the discussion. 本授業の準備学習・復習時間は、各2時間を標準とします。

Textbooks

Paul Krugman, Maurice Obstfeld and Marc Melitz, “International Economics: Theory and Policy,” Global Edition, Pearson Education Limited; 10th Revised版 , 2014.

References

石川城太・椋寛・菊地徹『国際経済学をつかむ』(テキストブックつかむシリーズ)第2版、有斐閣、2013年、ISBN=9784641177192
阿部顕三・遠藤正寛『国際経済学』(有斐閣アルマ)、有斐閣、2012年、ISBN=9784641124806

Grading criteria

We will have a final exam for this course. But different from the regular written exam, it will be online and take the form of multiple choice question, using Hoppii (the same format as the homework). I will give you enough time, meanwhile you will be allowed to make reference to all the resources. As for the evaluation:

(1)Homework: 50%
(2)Final exam: 50%

Changes following student comments

Nothing particular