Department of Global and Interdisciplinary Studies

Back to List

ECN200ZA(経済学 / Economics 200)
Microeconomics II

Delgado Narro Augusto Ricardo

Class code etc
Faculty/Graduate school Department of Global and Interdisciplinary Studies
Attached documents
Year 2024
Class code A6243
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 市外濠‐S301
Grade 2~4
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) 制度ウェブサイトの3.科目別の注意事項(1)GIS主催科目の履修上の注意を参照すること。
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
Duplicate Subjects Taken Under Previous Class Title
Category (commenced 2024 onwards) 200-level Intermediate Courses(中級)
Category (commenced 2020-2023) 200-level Intermediate Courses(中級)
Category (commenced 2016-2019) 200-level Intermediate Courses
Business and Economy

Show all

Hide All

Outline and objectives

This is the second part to an introductory course in microeconomics. (See prerequisite below.)
In this semester, we will continue covering fundamental concepts and principles in microeconomics. This time, we will focus on producer and consumer theory and the labor market. In the first half of the semester, we will study firm behavior and market structures. In the second half of the semester, we will discuss consumer theory. The labor market and income determination will also be examined.

Goal

The intention of this course is to integrate theory and application. At the end of the course, students should grasp and be able to discuss fundamental concepts in microeconomics, i.e. how different market structures affect producers and consumers and how the labor market works. Students should be able to examine issues related to consumption, production, the labor market, income inequality, and poverty.

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

Will be able to gain “DP 1”, “DP 2”, “DP 3”, and “DP 4”.

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. )

At the beginning of class, feedback for the previous class is given using some comments from submitted reaction papers.

Submission of assignments and feedback will be via the Learning Management System.

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: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[オンライン/online]:Introduction to the Course

-Introduction
-Review of Concepts.

2[対面/face to face]:Producer Theory 1:
Perfect Competition.

-Perfect Competition.
-Characteristics of Perfect Competition.

3[対面/face to face]:(*) Producer Theory 2:
Cost Minimization.
(*) Quiz 1.

-Costs and types.
-Cost Minimization.

4[対面/face to face]:(*) Producer Theory 3:
Non-competitive markets.
(*) Quiz 2.

-Monopoly (Chapter 15)
-Differences with Perfect Competition.

5[対面/face to face]:(*) Producer Theory 4:
Non-competitive markets.
(*) Quiz 3.

-Monopolistic competition (Chapter 16)
-Differences with other systems.

6[対面/face to face]:(*) Producer Theory 5:
Non-competitive markets.
(*) Quiz 4.

-Oligopoly (Chapter 17)
-Differences with other systems.

7[対面/face to face]:(*) Frontier of Production Possibilities.
(*) Quiz 5.

-FPP.
-Partial Equilibrium.

8[対面/face to face]:(*) Review of Producer Theory.
(*) Quiz 6.

-Perfect Competition.
-Non-competitive markets.
-FPP and Partial Equilibrium.

9[対面/face to face]:(*) Consumer Theory 1:
Utility Curves and Preferences.
(*) Quiz 7.

-Preferences (Chapter 21).
-Utility Curves.

10[対面/face to face]:(*) Consumer Theory 2:
Budget Constrain.
(*) Quiz 8.

-Budget Constrains.

11[対面/face to face]:(*) Consumer Theory 2:
Utility Maximization.
(*) Quiz 9.

-Utility Maximization Problem.

12[対面/face to face]:(*) Labor Market.
(*) Quiz 10.

-Labor demand and supply (Chapter 18).
-Labor vs Leisure.

13[対面/face to face]:(*) Pareto Efficiency.
(*) Quiz 11.

-Pareto Efficiency
-Welfare Theorems.
-FPU.

14[対面/face to face]:(*) General Equilibrium and Review of Consumer Theory.
(*) Quiz 12.

-General Equilibrium.

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

1. Readings - Students are expected to read the textbook chapters carefully and to prepare for the lecture. Special attention should be paid to understanding the tables and the graphs.
2. Short Quizzes- Students are given short quizzes to be solved in class.

Preparatory study and review time for this class are 2 hours each.

Textbooks

Mankiw, Gregory. N. (2015) Principles of Microeconomics, 7th edition, Cengage Learning.

References

Other materials, if any, will be given by the instructor or shall be announced in class.

Grading criteria

Attendance: 10%
Quizzes: 90%*

*Quizzes are 12 in total. From those 12, the lowest two grades will be eliminated, and the average of the remaining 10 will be the grade of the grade titled "Quizzes." In other words, each valid quiz is weighted as 9%.
Each quiz in each class will take 20 minutes.

Changes following student comments

The lecture schedule may be adjusted depending on the pace of the class or at the discretion of the instructor. Any changes will be announced in class.

Others

This course requires students to have a good understanding of mathematics and graphic analysis.

Prerequisite

Microeconomics I, Understanding Microeconomics or an equivalent introductory course in microeconomics or economics.