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2021　Essence of Humanities and Social Sciences7:Economics

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Academic unit or major
Humanities and social science courses
Instructor(s)
Mizuno Kazuo 
Class Format
Lecture     
Media-enhanced courses
Day/Period(Room No.)
Wed5-6()  
Group
-
Course number
LAH.S407
Credits
1
Academic year
2021
Offered quarter
2Q
Syllabus updated
2021/3/19
Lecture notes updated
-
Language used
Japanese
Access Index

Course description and aims

This lecture will use the theory of economics to explain the challenges of Japan in the 21st century.
The aim of this lecture is to understand the phenomena that are actually occurring, such as the negative or zero interest rates of Japan, Germany and France, and the intention of globalization.

Student learning outcomes

By the end of this course, students will be able to:
1）Meaning of zero interest rate.
2）Difference between interest and profit.
3）Background of the US-China New Cold War.

Course taught by instructors with work experience

✔ Applicable How instructors' work experience benefits the course
For two years from 2012 to 2014, I analyzed the Japanese economy as a Deputy Director-General of the Cabinet Office Minister's Secretariat in charge of economic and financial analysis of the Cabinet Office, and published the results as "Monthly Economic Report" and "White Paper on Economic and Fiscal Policy".

Keywords

Capital, interest rate, savings, collection, nation-state and empire

Competencies that will be developed

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

Class flow

At the beginning of each class, solutions to exercise problems that were assigned during the previous class are reviewed. Towards the end of class, students are given exercise problems related to the lecture given that day to solve. To prepare for class, students should read the course schedule section and check what topics will be covered. Required learning should be completed outside of the classroom for preparation and review purposes.

Course schedule/Required learning

  Course schedule Required learning
Class 1 About the concept of "collection" －"Collection" is relief. "Collection" is done to maintain order
Class 2 About savings and investment ―Savings is a relief Whether to enjoy the present or prepare for the future
Class 3 The differences of profit and interest Homeostasis and contingency
Class 4 Meaning of zero interest rate Why is excessive savings
Class 5 The relationship of globalization and empire The difference of globalization and internationalization
Class 6 The relationship of creditor countries and debtor countries Background of the US-China New Cold War
Class 7 About the term-end report Summary and questions

Out-of-Class Study Time (Preparation and Review)

To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.

Textbook(s)

None

Reference books, course materials, etc.

Papers used in class are distributed in PDF

Assessment criteria and methods

Attendance attitude (50%) and term-end report (50%)

Related courses

  • LAH.S109 ： Economics A
  • LAH.S209 ： Economics B
  • LAH.S310 ： Economics C

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

None

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