Introduction to Microeconomics
| Numbering Code | U-ECON00 10101 LJ43 | Year/Term | 2022 ・ First semester | |
|---|---|---|---|---|
| Number of Credits | 2 | Course Type | Lecture | |
| Target Year | 1st & 2nd year students | Target Student | ||
| Language | Japanese | Day/Period | Tue.2 | |
| Instructor name | IWASE YUSUKE (Graduate School of Economics Senior Lecturer) | |||
| Outline and Purpose of the Course | The course covers the basics of microeconomics, in general, such as economic thinking, behavior of consumers and producers, and functions of markets for first-time students of microeconomics. This course not only serves as a bridge to "Microeconomics 1" and "Microeconomics 2" to learn about the advanced contents of microeconomics, but also provides basic knowledge for studying a wide range of specialized fields including international economics, industrial organization, public economics, urban and regional economics, labor economics, finance, and behavioral economics. Therefore, it is an essential subject for students of economics to adopt as a initial, foundational course. | |||
| Course Goals |
・Understanding the basic contents of microeconomics and methods of theoretical analysis. ・Acquiring basic knowledge required for studying applied fields of microeconomics. ・Economic consideration of real economic issues. |
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| Schedule and Contents |
Basically, classes are conducted along with the contents of the textbook. Week 1: Guidance and Introduction Week 2: Thinking like an Economist Week 3: Interdependence and Profit from Trade Week 4: Effects of Supply and Demand in the Market, Elasticity, and its Application Week 5: Demand, Supply, and Government Policies Week 6: Consumers, Producers, and Market Efficiency Week 7: Advanced: Cost of Taxation and International Week 8: Externalities, Public Goods, and Shared Resources Week 9: Tax Design Week 10: Companies and Production Costs in Competitive Markets Week 11: Monopoly and Monopoly Competition Week 12: Oligopoly Week 13: Economics of the Labor Market Week 14: Advanced Topics Week 15: Semester Exam Method of feedback will be notified separately |
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| Evaluation Methods and Policy |
Evaluation will be based on quizzes (20%), e-learning status (10%), and final examination (70%). Detailed explanation to be given in the first lecture. |
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| Course Requirements | None | |||
| Study outside of Class (preparation and review) |
Students are required to read the relevant chapters of the text before class, work on e-learning, and review/application of textbook problems after class. In addition to attending classes, working on these out-of-class lessons will deepen understanding of the content and increase interest in economics. |
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| Textbooks | Textbooks/References | N・グレゴリー・マンキュー "マンキュー経済学 I ミクロ編（第３版）" (東洋経済新報社) ISBN:978-4-492-31437-1 is used in every class. | ||
| References, etc. | Introduced in Class | |||
