advanced seminar

Numbering Code U-ECON00 30030 SJ43
U-ECON00 40040 SJ43
Year/Term 2022 ・ First semester
Number of Credits 2 Course Type
Target Year Target Student
Language Japanese Day/Period Wed.5
Instructor name IDA TAKANORI (Graduate School of Economics Professor)
Outline and Purpose of the Course Behavioral and Experimental Economic Analysis 1
(+ sub-seminars on microeconomics and econometrics)
Course Goals Learn about the development of behavioral economics and experimental economics by reading textbooks in groups.
Schedule and Contents  At the Ida Seminar, students learn practical modern economics that is useful for real-world economics problems. First, I encourage you to acquire the basic dynamics of microeconomics and econometrics. Next, we will focus on learning in the following two areas.

 A total of 15 lectures will be held. For each session, a lecture supervisor will be selected and reports + questions and answers will be held. In addition, the following will be held once each: a presentation on the research of lecture faculty, and a self-study meeting regarding the course literature.

 Behavioral economics is a field of economics that emphasizes the rationality of human constraints rather than rational economic constraints, such as mainstream economics, and emphasizes the economic psychology of how people actually decide and act. Daniel Kahneman was awarded the Nobel Prize in Economics for his contribution to behavioral economics in 2002 and Robert Shiller for his contribution to behavioral finance in 2013. More recently, in 2017, Richard Saylor was awarded the Nobel Prize in Economics for his contribution to behavioral economics.

 Experimental economics is a field of economics in which research is conducted using experimental methods in laboratories and actual fields to formulate economic theories and hypotheses. The Ida Laboratory is strong in managing random comparison social experiments. Vernon Smith was awarded the Nobel Prize in Economics in 2002 for his contributions to experimental economics.
 
 The Ida Laboratory co-sponsors various industry-government-academia collaboration activities including the Kyoto Network and Economics Study Group with NTT West, Kansai Electric Power and Osaka Gas, and the Ministry of Internal Affairs and Communications, and the evaluation of competition in the telecommunications field. In addition, I have experience working in the operation of Japan's first large-scale field social experiment such as that regarding smart grids. Fourth years will write graduated papers while assisting with laboratory surveys and research.

 In addition, I would like you to study microeconomics and econometrics at the sub-seminar while receiving guidance from supervisors or instructing junior students, and to acquire basic academic abilities that will enable you to excel in any future career path you choose.
Evaluation Methods and Policy Evaluation is based 100% on participation points. Participation points will be given based on participation in classes, small tests, small reports, and participation in class discussions.
Course Requirements  Participatin in the sub-seminar sponsored by the Ida Seminar
Study outside of Class (preparation and review)  Introduced during classes
Textbooks Textbooks/References Takanori Ida, "行動経済学" (Chukyo Shinsho), 2010
References, etc. Introduced during classes
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