Numbering Code	U-ECON00 20105 LJ43	Year/Term	2022 ・ Second semester
Number of Credits	2	Course Type	Lecture
Target Year	From 2nd to 4th year students	Target Student
Language	Japanese	Day/Period	Wed.2
Instructor name	TOYAMA HIRONORI (Part-time Lecturer)
Outline and Purpose of the Course	Political Economy investigates into the main features and movements of modern economy from the viewpoint of the social reproduction. It differs from the mainstream academic economics that is based on the individual rationality and market Equilibrium (i. e. neo-classical economics) considerablly.Modern political economy on the one side inherits the basic view from classical economics and marxian economics, on the other side it integrates modern view of Keynesian macro-economics as well as various streams of institutional economics, It now revives as an integrative evolutionary political economy. This course proceeds from ist basic elements to their Integration in a system view borrowing the Framework of Marxian System.
Course Goals	* Acquiring a scientific as well as flexible view on the economic system of so-called "capitalism" * Acquiring an integrative view of specialized subdomains of economy and economics. * Acquiring the view of historical development and future Trends of modern economy * Acquiring a panorama view main economists, A.Smith, D. Ricardo, K. Marx, J. A. Schumpeter, J. N. Keynes, F. A. Hayek, ...
Schedule and Contents	(1) What is the understanding modern economy as a peculiar System? Discussion over property problem (2) Basic view of political economy (3) Division of labor and market economy (4) Emergence and functions of money (5) Emergence of capital (6) Production subjected (7) Circulation of capital (8) Profit and price (9) Competition and rent (10) Commerce and distribution (11) Finance and financial market (12) State and world market (13) Economic fluctuation (14) Economic evolution (15) An overview Feedback: Questions and answer by e-mail for 6 days after the final lecture
Evaluation Methods and Policy	Evaluation will be based on midterm report (30%) and final exam results (70%).
Course Requirements	None
Study outside of Class (preparation and review)	Before each class, students are required to read the relevant textbook chapters that will be covered in the lecture.
Textbooks	Textbooks/References	Shakai Keizaigaku -Shihonshugi wo siru, Yagi Kiichiro , (Nagoya University Press), ISBN:978-4-8158-0539-5, In japanese Read Adam Smith's Wealth of Nations, D. Ricardo's Principles of Political Economy, K. Marx's Capital.
References, etc.	Introduced in Class