2016 Methodology of Political Science and Economics II

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Academic unit or major
Graduate major in Technology and Innovation Management
Ikegami Masako  Goto Mika 
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Course description and aims

This course explains important topics in micro economics related to firms' production activities. Through understanding firms' behavior related to production technology and efficiency of resource allocation, and market competition, this course explains how to examine corporate management using basic principles and methods in economics. This course also deals with environment-oriented corporate management and productivity analysis of firms.
The aim of this course is to cultivate ability to conduct quantitative analysis of corporate management and production activities applying methods in economics to firms' data.

Student learning outcomes

This course aims to achieve:
(1) Understand firms' production activities and competition in the theory of micro economics
(2) Learn how to apply micro economics theory and method to firms' data
(3) Understand basic procedure of empirical analysis on firms using economics


Firm behavior, production technology, market competition, productive efficiency, environment-oriented management

Competencies that will be developed

Specialist skills Intercultural skills Communication skills Critical thinking skills Practical and/or problem-solving skills

Class flow

Students learn basic micro economics theory and application and develop the knowledge to empirical analysis of corporate management

Course schedule/Required learning

  Course schedule Required learning
Class 1 Production technology and firms Understand firm's production technology
Class 2 Profit function I Understand firm's profit maximization and profit function
Class 3 Profit function II Understand firm's profit maximization and profit function
Class 4 Cost function I Understand firm's cost minimization and cost function
Class 5 Cost function II Understand firm's cost minimization and cost function
Class 6 Market competition I Understand competitive markets, and monopoly and oligopoly markets
Class 7 Market competition II Understand competitive markets, and monopoly and oligopoly markets
Class 8 Summary and overall discussion Summarize policy and economics of this course and revisit important topics of them


None specified

Reference books, course materials, etc.

Varian, H.R. (1992), Microeconomic Analysis, Third Edition, W.W. Norton & Company, Inc. New York. N.Y.

Assessment criteria and methods

Assessment is based on class participation(30%) and final report(70%)

Related courses

  • TIM.C512 : Energy Technology and Social System I
  • TIM.C513 : Energy Technology and Social System II

Prerequisites (i.e., required knowledge, skills, courses, etc.)

None specified

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