IGESS (Institute for Global Economics and Social Sciences)

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ECN100CB（経済学 / Economics 100）
Special Studies (Economics of Education and Labor Market)

Masayuki ONDA

Class code etc
Faculty/Graduate school IGESS (Institute for Global Economics and Social Sciences)
Attached documents
Year 2022
Class code A9629
Previous Class code
Previous Class title
Term 秋学期授業/Fall
Day/Period 金5/Fri.5
Class Type
Campus 市ヶ谷 / Ichigaya
Classroom name 各学部・研究科等の時間割等で確認
Grade 1～4
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 IGESS

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Outline and objectives

This course is designed for the IGESS students. The modern economics takes a scientific method. This course is designed to assist students to learn theoretical models, empirical methodology, and datasets to conduct empirical research. We are scheduled to cover labor supply, labor demand, human capital theory, signaling model, labor mobility, and labor union. Using micro datasets, we will learn how to execute empirical research. If time permits, we might briefly study modern empirical research methodologies focusing on a difference in a correlation and a causality.

Goal

Students will learn theoretical models, empirical methodology, and datasets to conduct empirical research.

Which item of the diploma policy will be obtained by taking this class?

IGESS Dipromapolicy DP1／DP2

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. ）

All classes for this course will be comprised of lectures and group discussions. There are three homework assignments, that have to be completed in writing on report pads and submitted by the due dates. The instructor will provide the students with the answer keys for the homework assignments, and would also demonstrate how to solve some questions if some students requested me to do so.

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

あり / Yes

Fieldwork in class

なし / No

Schedule

授業形態/methods of teaching：オンライン/online

※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[オンライン/online]：Introduction and diagnostic test

A brief introduction, survey, and a
test to measure students’
mathematical skills.

2[オンライン/online]：Labor Supply 1

Basic Facts about Labor Supply and the Worker's Preferences.

3[オンライン/online]：Labor Supply 2

The Budget Constraint, the Hours of Work Decision, and to Work or Not to Work?

4[オンライン/online]：Labor Supply 3

The Labor Supply Curve and Labor Supply of Women.

5[オンライン/online]：Labor Demand 1

The Production Function and the Employment Decision in the Short
Run.

6[オンライン/online]：Labor Demand 2

The Employment Decision in the Long Run.

7[オンライン/online]：Labor Market Equilibrium 1

Equilibrium in a Single Competitive Labor Market

8[オンライン/online]：Labor Market Equilibrium 2

Competitive Equilibrium across Labor Markets, and Policy Application: The Labor Market
Impact of Immigration

9[オンライン/online]：Human Capital 1

Education in the Labor Market: Some Stylized Facts

10[オンライン/online]：Human Capital 2

Present Value and The Schooling Model

11[オンライン/online]：Human Capital 3

Schooling as a Signal and Spence (1973)

12[オンライン/online]：Human Capital 4

Education and Earnings, and Estimating the Rate of Return to
Schooling

13[オンライン/online]：Schooling, Experience, and Earnings

Mincer (1974)

14[オンライン/online]：Exam & Summary, Wrap-up, Review, etc

A final exam and wrap-up.

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

The standard preparation and review time for this class is 4 hours each.

Textbooks

George J Borjas Labor Econoimcs 8th edition (ISBN 978-1260565522). Any other print version of Borjas’s Labor Economics is acceptable (e.g. 5th, 6th, and 7th edition). Look for it on AbeBooks.com https://www.abebooks.com
Note: Those who enrolled in this lecture will have an opportunity to have access to the aforementioned textbook throughout this semester because we will use the ``Remuneration System for Public Transmission of Copyrighted Work in School Lessons''. You must not distribute any copy of them to anyone.

References

JSTOR: http://www.jstor.org/action/showAdvancedSearch
A first course in calculus / Serge Lang ISBN10: 0387962018
解析入門原書第3 版(日本語) ISBN10: 4000051512

Grading criteria

Participation and Attitude: 40 points
Three Homework Assignments: 40 points
Final Exam: 20 points

If a lecture is cancelled, we will instead use the following criteria to cover all the lecture materials:
Participation and Attitude: 50 points
Three Homework Assignments: 50 points

The grading scale of the Hosei University will be used.

An instructor reserves the right to adjust the final letter grades to reflect the students’ability in class.

Changes following student comments

Last semester a student in my lecture suggested that I shall divide students in two groups, groups of students who understand the lecture materials well and who may need extra supports, to cover more advanced materials next academic year. Hence I will hire a teaching assistant who did really well on the same course last year and give it a try to cover more advanced materials this semester. Let's see how it goes.

Equipment student needs to prepare

Bring your personal laptop.

Others

No prerequisite is required. I will measure your mathematical skills during our first lecture. Don't be scared if you cannot solve all questions because I must adjust my lecture materials based on your abilities.