intermediate seminar

Numbering Code U-ECON00 20020 SJ43 Year/Term 2021 ・ First semester
Number of Credits 2 Course Type Seminar
Target Year 2nd year students Target Student
Language Japanese Day/Period Tue.4・5
Instructor name NISHIYAMA SHINICHI (Graduate School of Economics Professor)
Outline and Purpose of the Course While reading introductory and intermediate level economic texts in groups, we shall be taking a number of economic theories introduced in these texts, and applying them to the actual economy. We shall be attempting to conduct qualitative and quantitative analyses of the short-term and long-term effects of monetary and fiscal policies, as well as social security policies. Additiomally, we shall be working toward conducting analyses that is of a standard, which could actually be used in financial institutions, think tanks, and the investigative units of central government agencies.
Course Goals Students attending this class will be able to develop a sufficient understanding of introductory to intermediate level economics; apply real-life data to theoretical models and use statistical processing languages, spreadsheet software, etc. to draw conclusions; and learn to write simple reports (10-20 pages) about subjects such as economic growth, monetary and fiscal policy, social welfare policy, or finance. Students will also be able to develop the ability to make impartial and objective commentary, informed by economic theory, on economic policies discussed in newspapers and journals.
Schedule and Contents 1.Study of the closed-economy and open-economy models of Keynesians and supporters of classical economics, as well as their basic models of economic growth.
2.Learning statistical processing languages such as R, as well as basic analysis methods, which use spreadsheet software such as Excel.
3.Understanding macroeconomics, financial data (time series), microeconomic data (cross sections, panels), tax and social security systems, etc.
4.A simple analysis paper or oral report on macroeconomics and monetary and fiscal policy, or another topic relating to finance.
Evaluation Methods and Policy Evaluated on presentations and discussions during the seminar, and an end of semester report.
Course Requirements None. However, it would be better if students had already taken Introduction to Microeconomics, Introduction to Macroeconomics, Basic Statistics, and Foundations of Mathematics.
Study outside of Class (preparation and review) Students are required to prepare sufficiently before class and revise whatever has been covered afterward. If there is anything that you do not understand, then please feel free to ask questions during class or my office hours.
Textbooks Textbooks/References Hoshino Tadao, Tanaka Hisatoshi, 『Rによる実証分析――回帰分析から因果分析へ』 (?mu-sha, 2016) ISBN:978-4274219474; Sait? Makoto, Iwamoto Yasushi, ?ta S?ichi, Shibata Akihisa, 『マクロ経済学 新版 (New Liberal Arts Selection)』, (Yuhikaku, 2016) ISBN:978-4641053847
References, etc. Nakamuro Makiko, Tsugawa Yusuke,『「原因と結果」の経済学――データから真実を見抜く思考法』 (Diyamondo-sha), 2017) ISBN:978-4478039472; Daron Acemoglu, David Laibson, John List, 『ミクロ経済学』 (T?y? Keizai Shinp?-sha, 2020) ISBN:978-4492315132; Daron Acemoglu, David Laibson, John List, 『マクロ経済学』(T?y? Keizai Shinp?-sha, 2019) ISBN:978-4492315125
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