日本語

Course Code etc
Academic Year 2024
College College of Economics
Course Code BX437
Theme・Subtitle Introduction to Micro- and Macro-economics
Class Format Face to face (all classes are face-to-face)
Class Format (Supplementary Items)
Campus Lecture
Campus Ikebukuro
Semester Spring Semester
DayPeriod・Room Tue.1
ログインして教室を表示する(Log in to view the classrooms.)
Credits 2
Course Number ECX2111
Language English
Class Registration Method Course Code Registration
Assigned Year 配当年次は開講学部のR Guideに掲載している科目表で確認してください。
Prerequisite Regulations
Acceptance of Other Colleges 履修登録システムの『他学部・他研究科履修不許可科目一覧』で確認してください。
Course Cancellation 〇(履修中止可/ Eligible for cancellation)
Online Classes Subject to 60-Credit Upper Limit
Relationship with Degree Policy 各授業科目は、学部・研究科の定める学位授与方針(DP)や教育課程編成の方針(CP)に基づき、カリキュラム上に配置されています。詳細はカリキュラム・マップで確認することができます。
Notes

【Course Objectives】

The course is gentle introduction to economics, by surveying two key branches of economics, i.e. micro- and macro-economics.

【Course Contents】

The course is an overview of two key branches of economics, i.e. micro- and macro-economics. The course will blend basic concepts from textbooks, supplemented with recent news articles to illustrate these concepts. As illustration, we will apply these concepts to the real world in a conceptual and non-technical way.
For microeconomics, we study the basic workings of a market, how demand and supply of a product determine price, using the tools of demand and supply curves, to understand price elasticity and product substitution. We generalise from single product analysis to study market structure: perfect competition, monopolies, and oligopolies. We consider how government policy can distort markets when price ceilings or floors are imposed, and result in externalities or unintended consequences. We apply this demand-supply analysis to the oil market and recent events resulting from western sanctions on Russian oil and gas, and the role of oligopolies such as OPEC+.
For macroeconomics, we study the basic problems of the domestic economy, i.e. the fundamental problem of maintaining growth, full employment and managing inflation. We learn about policy tools such as fiscal and monetary policy and the prescriptions by famous economists such as Keynes and Friedman on how to avoid recessions. We also observe how many governments have misapplied these policies to result in the current situation of stagnant growth with inflation and high government debt. We review the economic history of booms, busts and asset bubbles of the last few decades, and ponder the likelihood of a financial crisis in the near future.
After the class, students will have a basic understanding of micro- and macro-economic concepts and how they are applied in the real world in a non-technical way

Japanese Items

【授業計画 / Course Schedule】

1 Introduction
2 Microeconomics & demand and supply
3 Market structure: monopolies & oligopolies
4 Market structure: oligopsonies & price interventions
5 Externalities & market failure
6 Price elasticity and substitution
7 Macroeconomics and economic growth
8 Fiscal policy
9 Budget deficits and the debt trap
10 Inflation
11 Monetary policy
12 Unconventional monetary policy
13 Booms, busts and financial crises
14 Summary and conclusions

【活用される授業方法 / Teaching Methods Used】

板書 /Writing on the Board
スライド(パワーポイント等)の使用 /Slides (PowerPoint, etc.)
上記以外の視聴覚教材の使用 /Audiovisual Materials Other than Those Listed Above
個人発表 /Individual Presentations
グループ発表 /Group Presentations
ディスカッション・ディベート /Discussion/Debate
実技・実習・実験 /Practicum/Experiments/Practical Training
学内の教室外施設の利用 /Use of On-Campus Facilities Outside the Classroom
校外実習・フィールドワーク /Field Work
上記いずれも用いない予定 /None of the above

【授業時間外(予習・復習等)の学修 / Study Required Outside of Class】

This course will be conducted using the flipped classroom method. A certain amount of reading will be required before class to prepare students to for the workshop activity during the class.

【成績評価方法・基準 / Evaluation】

種類 (Kind)割合 (%)基準 (Criteria)
平常点 (In-class Points)100 Mini tests(20%)
Class presentations(10%)
Assignment(30%)
最終レポート(Final Report)(40%)
備考 (Notes)

【テキスト / Textbooks】

その他 (Others)
The study material for this course are freely available from the internet. This includes textbooks available under the Creative Commons license.

【参考文献 / Readings】

【履修にあたって求められる能力 / Abilities Required to Take the Course】

【学生が準備すべき機器等 / Equipment, etc., that Students Should Prepare】

It would be helpful if students bring along an internet accessible device (tablet, laptop) for use in the workshop.

【その他 / Others】

This course will be conducted using the flipped classroom method. A certain amount of reading will be required before class to prepare students to for the workshop activity during the class. The class will begin with a short lecture to give an overview of the content of the lesson, followed by a mini test to evaluate if the student has completed the required pre-reading before coming to class and understood the content of the short lecture. The remainder of the class will consist of a workshop that will require some online research to apply these economic concepts.

【注意事項 / Notice】