06s-03
THE MODERN JAPANESE ECONOMY

Masaru SASAKI (Graduate School of Economics)

Objective
The main objective of this course is to provide analytical explanations about the theory of economics and applications to the Japanese economy. The quantitative analysis using the data will be applied to understand the structure of the Japanese economy and its current problems. Among topics discussed in lectures are: the nature and function of the market, inflation and deflation, fiscal and monetary policies, international trade, labor economics, and the Japanese economy in the 90s and 00s.

Course Schedule (tentative)
1. Introduction of Basic Economics Theories
2. The Nature of Market Economy
3. Inflation and Deflation
4. Fiscal Monetary Policy
5. International Trade and Trade Policy
6. Labor Market and Unemployment
7. The Japanese Economy in the 90s and the 00s

Grading
Participation in class 20%
Final written examination 40%
Term Paper 40%