SYLLABUS
OSAKA UNIVERSITY SHORT-TERM STUDENT EXCHANGE PROGRAM _

01s-7 The Japanese Economy

Colin MCKENZIE (Osaka School of International Public Policy)

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Objective The purpose of this course is to introduce students to the operation and management of the Japanese economy. Particular emphasis will be given to economic explanations of the so-called peculiar features of the Japanese economy (for example, the main bank system, life time employment, and keiretsu).

Textbook Ito, T. (1992), The Japanese Economy, MIT Press. A reading list will be distributed in the first class.

Lecture Outline
Week 1 General Introduction to the Japanese Economy
Week 2 Economic Growth
Week 3 The Savings Rate
Week 4¡¡The Savings Rate
Week 4 Financial Institutions
Week 5¡¡Financial Institutions
Week 5 Corporate Finance and the Stock Market
Week 6 International Finance
Week 7 Labor Markets
Week 8¡¡Labor Markets
Week 8 Research and Development
Week 9¡¡Research and Development
Week 9 Foreign Investment
Week 10 International Trade
Week 11 The Distribution System
Week 12 Industrial Organization and Policy
Week 13 Industrial Adjustment and Assistance
Week 14 Macroeconomic Policy - Fiscal and Monetary Policy
Week 15 International Economic Conflicts

Grading Grades will be awarded on the basis of a term paper to be submitted towards the end of the course (30%) and a final exam (70%).

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OUSSEP _
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