Keio University Shonan Fujisawa Campus
Course Summary (Syllabus)

WORLD ECONOMY (Sayuri Shirai

    Semester : 2007 Spring
    Code : 60120 / 2 Credits

1. Objectives/Teaching method

    The course on WORLD ECONOMY mainly deals with policy aspects of Japan's contemporary macroeconomic and social issues with detailed comparison with other countries (for example, OECD nations). It is expected to provide students with basic and indispensable concepts of macroeconomics and international finance when necessary, and hopefully add social, political and cultural elements in international relations.

    The course consists of two major parts:
    (1) Overview of Japan's post-war economic reconstruction: It will cover issues such as how Japan had achieved rapid economic growth in a relatively short time span in spite of the economic and social devastation from WWII, how Japan had promoted globalization with the rest of the world, how Japan coped with the collpase of bubbles in 1991; and (2) Contemporary Issues of Japan in comparision with the world: It will cover the following 6 topiccs: economic growth and income gaps, globalization (trade, FDI, short-term mony flows, oil markets), international competitiveness (global competitiveness indicators, IT competitiveness indicators, academic achievement, patents), and fiscal conditions (fiscal balance, debt, relation between central and local governments, issues related to tax increases). If time allows, the course will also cover labor market issues (unemployment, part-time workers, underemployment of young people, femal working conditions, labor migrants), and social secutiry issues (aging society, low birth rates, public health care insurance system, public pension insurance systems).

2. Materials/Reading List

    I will use power point files for my presentation.


    #1 Introduction (The class for April 12 is to be cancelled, the make-up class is to be held on April 14)

    #2 Part 1 (History): Japan's post-war economic reconstrction and high economic growth: 1945-1972

    #3 Part 1(History): The Turburent Periods of 1970s and 1980s

    #4 Part 1(History): Lost Decade: 1991-2001

    #5 Part 1(History): Economic Recovery since 2002 and Agenda

    #6 Part II (Conemporay Issue): Economic Growth

    #7 Part II (Conemporay Issue): Income Gaps and Gini Index

    #8 Part II (Conemporay Issue): Globalization and International Capital

    #9 Part II (Conemporay Issue): Globalization and Economic Integration

    #10 Part II (Conemporay Issue): International Competitiveness

    #11 Part II (Conemporay Issue): Fiscal Conditions

    #12 Students Presentation of Final Reports

    #13 Students' Presentation of Final Reports

4. Assignments/Examination/Grad Eval.

    I will evaluate students based on (1) presentation and submission of the final report (50%), (2)presentation of specific agenda (30%) and (3) active participation in discussions and attendance (20%).

5. Special Note

    Students are expected to have some basic knowledge of macroeconomics.
    For those who are not sure about the background of economics, please contact me in advance.

6. Prerequisit / Related courses


7. Conditions to take this course


8. Relation with past courses


9. Course URL

2007-03-06 16:20:08.618759

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