＜概要/Course Content Summary＞
This course provides an introduction to the basic concepts, theories, and analytical tools used in microeconomics. Focus is placed on theories explaining the behaviour of individual consumers and individual firms, and the interaction of consumers and firms in the market. We also examine both the market outcomes that arise under perfect competition, and the market failures that occur with imperfect competition and economic externalities.
＜到達目標/Goals,Aims＞
The objective of this course is to help students develop a solid understanding of the basic building blocks of microeconomic theory, in particular, supply and demand analysis, utility maximization, and profit maximization. Microeconomics forms the base upon which a major portion of economic theory is built. Thus, a good understanding of microeconomic theory becomes a strong asset to students in more advanced business and economics courses.
＜授業計画/Schedule＞
（実施回/
Week）
|
（内容/
Contents）
|
（授業時間外の学習/
Assignments）
|
|
（実施回/ Week）
Week 1
|
（内容/ Contents）
Introduction
Topic: Course description, introduction to economic principles and economic models
|
（授業時間外の学習/ Assignments）
Read Chapters 1 and 2
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 2
|
（内容/ Contents）
Supply and Demand
Topic: The demand curve, the supply curve, market equilibrium
|
（授業時間外の学習/ Assignments）
Read Chapter 3
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 3
|
（内容/ Contents）
Consumer and Producer Surplus
Topic: Measuring the gains from trade, consumer surplus, producer surplus efficiency
|
（授業時間外の学習/ Assignments）
Read Chapter 4
(minimum 60 minutes)
Assignment 1 set
|
|
（実施回/ Week）
Week 4
|
（内容/ Contents）
Price Controls and Quotas: Meddling with Markets
Topic: Price floors, price ceilings, quotas, government policy and market efficiency
|
（授業時間外の学習/ Assignments）
Read Chapter 5
(minimum 60 minutes)
Assignment 1 due
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 5
|
（内容/ Contents）
Elasticity and Taxes
Topic: Defining and measuring elasticity, the effects of taxes
|
（授業時間外の学習/ Assignments）
Read Chapters 6 and 7
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 6
|
（内容/ Contents）
International Trade
Topic: International Trade and the effects of protectionism
|
（授業時間外の学習/ Assignments）
Read Chapter 8
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 7
|
（内容/ Contents）
Catch up and Review
Topic: Tutorial exercises
|
（授業時間外の学習/ Assignments）
Review
(minimum 60 minutes)
Assignment 2 set
|
|
（実施回/ Week）
Week 8
|
（内容/ Contents）
Decision Making by Individuals and Firms
Topic: Explicit and Implicit costs, economic profit
|
（授業時間外の学習/ Assignments）
Read Chapter 9
(minimum 60 minutes)
Assignment 2 due
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 9
|
（内容/ Contents）
The Rational Consumer
Topic: Utility maximization, income and substitution effects
|
（授業時間外の学習/ Assignments）
Read Chapter 10
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 10
|
（内容/ Contents）
Perfect Competition and the Supply Curve
Topic: The firm’s supply decision in a competitive market
|
（授業時間外の学習/ Assignments）
Read Chapter 11 and 12
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 11
|
（内容/ Contents）
Monopoly
Topic: The firm’s supply decision under monopoly
|
（授業時間外の学習/ Assignments）
Read Chapter 13
(minimum 60 minutes)
Assignment 3 set
|
|
（実施回/ Week）
Week 12
|
（内容/ Contents）
Oligopoly
Topic: Imperfect competition
|
（授業時間外の学習/ Assignments）
Read Chapter 14
(minimum 60 minutes)
Assignment 3 due
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 13
|
（内容/ Contents）
Monopolistic Competition and Product Differentiation
Topic: Imperfect competition
|
（授業時間外の学習/ Assignments）
Read Chapter 15
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 14
|
（内容/ Contents）
Externalities
Topic: What are economic externalities
|
（授業時間外の学習/ Assignments）
Read Chapter 16
(minimum 60 minutes)
|
|
（実施回/ Week）
Week 15
|
（内容/ Contents）
Public Goods and Common Resources
Topic: Understanding public and private goods
|
（授業時間外の学習/ Assignments）
Read Chapter 17
(minimum 60 minutes)
Assignment 4 set
(one week to complete)
|
Course Requirements and Assignments
a) You are required to participate in class and complete several assignments
＜成績評価基準/Evaluation Criteria＞
|
Attendance
|
10%
|
|
|
Assignments
|
90%
|
|
Classroom Policies
a) While students are encouraged to study together, every student must individually complete and submit each of the assignments. In cases where two or more students submit an identical assignment, all of the students concerned will be given a grade of zero on that assignment.
＜テキスト/Textbook＞
|
Paul Krugman and Robin Wells
, Microeconomics Third Edition
.
(Worth Publishers, 2013)
.
|
| |
＜備考/Remarks＞
INSTRUCTOR: Colin DAVIS
OFFICE: SK323
TELEPHONE: 251-4971
EMAIL: cdavis@mail.doshisha.ac.jp
OFFICE HOURS: to be announced
Note: This syllabus will be subject to changes and/or revisions.
|
