View Syllabus Information

View Syllabus Information

  • Even after classes have commenced, course descriptions and online syllabus information may be subject to change according to the size of each class and the students' comprehension level.

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Course Information

Year 2019  School School of Social Sciences
Course Title
Understanding the Japanese Economy: Microeconomic Perspectives

Instructor GEMMA, Masahiko
Term/Day/Period spring semester  Tues.4
Category Field Issues (Economic and Environmental Sustainability) Eligible Year 1st year and above Credits 2
Classroom 14-406(演習室) Campus waseda
Course Key 18G0000080 Course Class Code 01
Main Language English
  Course Code ECNA201L
First Academic disciplines Economics
Second Academic disciplines Applied Economics
Third Academic disciplines Applied Economics
Level Intermediate, developmental and applicative Types of lesson Lecture

Syllabus Information

Latest Update:2019/02/28 18:04:33

Course Outline

  The shifts in economic situations from the rapid growth, slow growth to negative growth in the postwar Japan have changed the structure of the individual markets, business practices, demographic structure and even cultural values of the Japanese economy and society. This course is offered to understand the modern history of the evolution of the Japanese economy and society from the view of individual segments of the economy and society.


Objectives To understand the microeconomic theory on the behavior of consumers and the behavior of producers is the first objective for this course. To apply the microeconomic theory to the empirical analyses on the Japanese economy is the other goal for the course.
before/after course of study Before and after class, students are encouraged to go through class materials in CourseN@vi. This will take 60 to 120 minutes each week.
Course Schedule

We will cover the following issues in this course.


Class 1 Introduction to microeconomics, demand and supply relations

Class 2 Elasticity (price, income and supply)

Class 3 Consumer behavior (indifference curve, budget constraint and utility maximization)

Class 4 Consumer behavior (derivation of demand curve)

Class 5 Consumer behavior (income effect and substitution effects when price relations change)

Class 6 Consumer behavior (policy studies with welfare analyses: consumer surplus and producer surplus)

Class 7 Producer behavior (production function and profit maximization)

Class 8 Producer behavior (conditions for profit maximization)

Class 9 Producer behavior (cost function and cost minimization)

Class 10 Producer behavior (production function and profit maximization)

Class 11 Producer behavior (derivation of supply curve and producer surplus)

Class 12 Applications of the theory on the consumer behavior to the Japanese economy

Class 13 Applications of the theory on the producer behavior to the Japanese economy

Class 14 Policy analyses on the Japanese economy

Class 15 Final examination

Textbooks No textbook is assigned for this course.
Reference Class materials are presented in CourseN@vi for student use.
Rate Evaluation Criteria
Exam: 70% Final Examination 70% Essay type final examination will be given in class.
Class Participation: 30% Class Participation 30% Attendance and active participation to class discussions are evaluated.
Note / URL 本科目は未済試験制度および再試験制度適用除外科目です。

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