Introduction to Economics for Engineers

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Lecturer
Abe Naoya 
Place
Tue3-4(I4-B04/05)  
Credits
Lecture2  Exercise0  Experiment0
Code
70029
Syllabus updated
2014/3/18
Lecture notes updated
2014/3/18
Semester
Spring Semester

Outline of lecture

This course is for those engineering graduate students who have not studied economics for their relatively easy access to current economic topics and fields of applied economics such as environmental economics and development economics.

Purpose of lecture

This course aims to provide basic concepts and theories of microeconomics (plus some fractions of macroeconomics) to those engineering graduate students who have not studied economics in the past for their relatively easy access to current economic topics and fields of applied economics such as environmental economics and development economics.

Plan of lecture

1. Consumer theory: budget constraints, preferences, and utility function
2. Consumer theory: indifference curves , and types of goods
3. Consumer theory: elastisity, price effects and demand curves
4. Consumer theory: measurement of welfare change
5. Producer theory: production function and isoquants
6. Producer theory: profit function
7. Producer theory: cost curves and supply function
8. Market mechanizm: Pareto efficiency
9. Market failures and counter-measures
10. Public goods
11. Measuremnet of national income
12. Input-Output Analysis of an economy
13. Trade and foreign exchange rates
* Final exam (written and closed exam in English)
* The schedule is subject to change.

Textbook and reference

Recommended but not required: Intermediate Micro Economics, 7th edition, Hal Varian

Related and/or prerequisite courses

n.a.

Evaluation

Mainly based on the result of final exam.

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