＜概要/Course Content Summary＞
This course will be offered mainly as video lectures uploaded in E-CLASS and a few live Q and A sessions in ZOOM.
Individuals and organizations are faced everyday with the need to make choices while interacting with one another through market transactions or community interactions. For example, as consumers, we make choices on products and services we purchase and, as workers, we make career and job choices as well. Companies make decisions on the features, quality and prices of products and services they provide. Governments make decisions on policies that directly or indirectly affect consumers and organizations at a given society. In order to gain a better understand of modern societies, it is important to understand the basic mechanism through which economic agents make choices and interact in the economy. This course introduces students to the field of economics and business focusing on demand, supply, markets and economic policies.
＜到達目標/Goals,Aims＞
In this course, students will learn the basic concepts and theoretical frameworks used in economics and business while assimilating the way economists think. By the end of this course students will be able to understand the basic mechanism on which market economies work and to analyze current issues in economics and business.
＜授業計画/Schedule＞
（実施回/
Week）
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（内容/
Contents）
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（授業時間外の学習/
Assignments）
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（実施回/ Week）
Week 1
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（内容/ Contents）
Introduction to the course
Chapter 1 (Ten Principles in Economics)
Topic: Basic principles for economists
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（授業時間外の学習/ Assignments）
1.Watch Lecture 1 video
2 Review the chapter
3. Solve exercises
4. Read Chapter 2 (Thinking like an economist)
5. Watch Lecture 2 video.
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（実施回/ Week）
Week 2
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（内容/ Contents）
Chapter 2 (Thinking like an Economist)
Topic: Introduction to the way of thinking of economists
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 3 ( Interdependence and the Gains from Trade)
4. Watch Lecture 3 video
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（実施回/ Week）
Week 3
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（内容/ Contents）
Chapter 3 ( Interdependence and the Gains from Trade)
Topic: Comparative Advantage, Opportunity Cost
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 4 (The Market Forces of Supply and Demand)
4. Watch Lecture 4 video
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（実施回/ Week）
Week 4
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（内容/ Contents）
Chapter 4 (The Market Forces of Supply and Demand)
Topic: Demand, Supply, Equilibrium
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Rad Chapter 5 (Elasticity and its Application)
4. Watch Lecture 5 video
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（実施回/ Week）
Week 5
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（内容/ Contents）
Chapter 5 (Elasticity and its Application)
Topic: Elasticity of demand and supply
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 6 (Supply, Demand and Government Policies)
4. Watch Lecture 6 video
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（実施回/ Week）
Week 6
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（内容/ Contents）
Chapter 6 (Supply, Demand and Government Policies)
Topic: Price Control, Taxation
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 7 (Consumer, Producers, and the Efficiency of Markets)
4. Watch Lecture 7 video
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（実施回/ Week）
Week 7
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（内容/ Contents）
Chapter 7 (Consumer, Producers, and the Efficiency of Markets)
Topic: Consumer and Producer Surplus, Market Efficiency
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 8 (The Cost of Taxation)
4. Watch Lecture 8 video
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（実施回/ Week）
Week 8
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（内容/ Contents）
Chapter 8 (The Cost of Taxation)
Topic: Deadweight Loss
Q and A Session in ZOOM at regular class time. Participation is optional.
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 9 (International Trade)
4. Watch Lecture 9 video
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（実施回/ Week）
Week 9
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（内容/ Contents）
Chapter 9 (International Trade)
Topic: Determinants of Trade, Winners and Losers
DEADLINE for MID-TERM REPORT
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 12 (The Costs of Production)
4. Watch Lecture 10 video
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（実施回/ Week）
Week 10
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（内容/ Contents）
Chapter 12 (The Costs of Production)
Topic: Production Costs, Long-run and Short-run Costs
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 13 (Firms in Competitive Markets)
4. Watch Lecture 11 video
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（実施回/ Week）
Week 11
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（内容/ Contents）
Chapter 13 (Firms in Competitive Markets)
Topic: Competitive Markets, Supply Curve
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 14 (Monopoly)
4. Watch Lecture 12 video
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（実施回/ Week）
Week 12
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（内容/ Contents）
Chapter 14 (Monopoly)
Topic: Monopoly, Production and Price Decisions
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 15 (Measuring a Nation’s Income)
4. Watch Lecture 13 video
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（実施回/ Week）
Week 13
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（内容/ Contents）
Chapter 15 (Measuring a Nation’s Income)
Topic: Gross Domestic Product, Real versus Nominal GDP
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（授業時間外の学習/ Assignments）
1. Review the chapter
2. Solve exercises
3. Read Chapter 17 (Production and Growth)
4. Watch Lecture 14 video
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（実施回/ Week）
Week 14
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（内容/ Contents）
Chapter 17 (Production and Growth)
Topic: Productivity, Public Policy
Q and A Session in ZOOM at regular class time. Participation is optional.
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（授業時間外の学習/ Assignments）
1. Review Chapters 12-15, 17
2. Watch Lecture 15 video
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（実施回/ Week）
Week 15
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（内容/ Contents）
Review of Chapters
DEADLINE for FINAL REPORT
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（授業時間外の学習/ Assignments）
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(The class schedule is subject to changes.)
IMPORTANT NOTICES
A) Lecture slides, and lecture videos will be available in E-CLASS every Monday. Please make sure to regularly check the E-CLASS page.
B) Assignments and other important announcements will be done through E-CLASS or e-mail.
C) If you have questions or concerns regarding the course, you can contact me through e-mail or use the message boards in E-CLASS.
D) Before the submission of reports (weeks 8 and 14), I plan to hold live Q and A sessions in ZOOM at regular class time. Participation is optional.
E) Reading the textbook, solving exercises, and watching the lectures is essential to assimilating the contents of this course. I expect students to dedicate a considerable time in this course every week.
F) Please revise basic mathematics, especially algebra and graphic.
G) Please feel free to contact the instructor in case you have any questions or concerns about the course.
＜成績評価基準/Evaluation Criteria＞
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Class assignments
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30%
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Mid-term Report
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30%
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Final Report
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40%
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Successful students tend to do their reading assignments, watch classes regularly and solve exercises. Being able to think and learn how solve exercises on your own is crucial.
＜テキスト/Textbook＞
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N. Gregory Mankiw
, Essentials of Economics
,
8th
.
(South-Western Cengage Learning, 2017)
.
If you are not able to find the 8th edition, you can use the 6th or 7th edition.
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The Library has a few copies available of the textbook, but you can also use older or newer versions. Just make sure to follow what is taught in class as well.
＜参考文献/Reference Book＞
＜備考/Remarks＞
INSTRUCTOR: Marcelo Fukushima
EMAIL: fukushima@mail.kobe-c.ac.jp
Note: This syllabus will be subject to changes and/or revisions.
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