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DPS203
J
|
CREDIT:2
AUTUMN
|
Development Macroeconomics
This course applies the methods of macroeconomics to the problems of developing countries. Topics
include: History of Development Economics, Growth Theory, Commodity Export Policy and Terms of Trade,
Import Substituting Industrialization, Domestic Savings and Financial Intermediation, External Debt Crisis,
and Australia Model. Prerequisite: PRINCIPLES OF MACROECONOMICS.
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|
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DPS204
J
|
CREDIT:2
SPRING
|
Development Microeconomics
This course applies the methods of microeconomics to the problems of developing countries. Topics
include: Concepts of Economic Development, Measurement of Poverty, Dualism and Rural-Urban Migration, Consequence of Population Growth, Education and Development, Project Evaluation, Risk-sharing of Farmers, Land Reform, and Green Revolution. Prerequisite: PRINCIPLES OF MICROECONOMICS.
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ECO101
J,E
|
CREDIT:3
SPRING
|
Principles of Macroeconomics
Fundamentals of macroeconomic theory including the basic concepts of national income, determination of aggregate production and employment, and the effects of monetary and fiscal policies. Prerequisite to advanced courses in economics.
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|
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ECO102
J,E
|
CREDIT:3
WINTER
|
Principles of Microeconomics
This course covers basic level of “traditional” microeconomics (so-called “price theory”: analysis of the perfect competition) and its application.Topics that this course deals with are: market, demand, supply and the equilibrium; consumer behavior and utility maximization; firm behavior and profit maximization;market failure (imperfect competition, imperfect information, externality, and public goals) and economic policy; taxes and subsidies, income distribution, etc.
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ECO103
J,E
|
CREDIT:3
SPRING
|
Statistics for Business and Economics
The statistical analysis is an fundamental tools of quantitative analysis in the area of Social Science. Also, this course is the preliminary course for the courses of Economic Statistics and Econometrics. As a result of recent development of computer science, statistical analysis has been possible by computer. Using real economic data, this course covers the data analysis, computer simulation, mathematical analysis of sample distribution, and the analysis of quantitative model by class teaching and computer experimentation.
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|
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ECO211
J,E
|
CREDIT:3
AUTUMN
|
Econometrics
Introductory theory of Econometrics and its application for the statistical testing of Economic theory. Simple regression, multiple regression, and generalized ordinary least squares method. Prerequisite : STSTISTIC FOR BUSINESS AND ECONOMICS.
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|
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ECO213
J
|
CREDIT:3
AUTUMN
|
Introduction to Mathematics for Economics
This course covers basic level mathematics so as to prepare to study intermediate micro/macro economics. Topics that this course deals with are as follows: function, (basic concept of) set, limitation, differentiation, partial derivative, Lagrangean, (basic concept of) integration, (basic concept of) probability and statistics. Since examples are drawn from economics, students are highly recommended to take after PRINCIPLE OF MACROECONOMICS and PRINCIPLE OF MICROECONOMICS.
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|
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ECO214
E
|
CREDIT:3
AUTUMN
|
Introductory Mathematical Programming
Students will study linear algebra and calculus as analytical tools in the fields of economics, business administration, political science, and sociology, applying these techniques to both linear and nonlinear optimization problems. Additionally, This course teaches students Octave (Matlab) programming techniques for various computational processes, enabling them to gain practical experience in numerical analysis.
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|
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ECO231
J
|
CREDIT:3
SPRING
|
Game Theory
This covers basic level of “contemporary” microeconomics, such as the “game theory” and “information economics”. Topics that this course deals with are: [game theory] Nash equilibrium, Cournot/Bertrand/Stackelberg competition, repeated games, bergaining and Nash solution, etc. [information economics] uncertainty and risk (insurance market), asymmetric information, moral hazard and adverse selection, screening and signaling, etc. Prerequisite: PRINCIPLE OF MICROECONOMICS.
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|
|
ECO232
J,E
|
CREDIT:3
AUTUMN
|
Intermediate Macroeconomics
Intermediate macro-economic theory: The theories of consumption, investment, and money demand, and application of the theories to monetary and fiscal policy problem. Description of the theories of economic growth. Prerequisite: PRINCIPLES OF MACROECONOMICS and PRINCIPLES OF MICROECONOMICS.
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|
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ECO233
J
|
CREDIT:3
WINTER
|
Intermediate Microeconomics I
This course covers intermediate level of traditional microeconomics (price theory).Topics that this course deals with are:[consumers'' theory] utility maximization, cost minimization, and duality.[producers'' theory] profit maximization, cost minimization, aggregation of production technology, firm behavior under short term and long term.[welfare economics] Pareto efficiency, social welfare function, externality, public goods, etc.Prerequisite:PRINCIPLE OF MICROECONOMICS and INTRODUCTION TO MATHEMATICS TO ECONOMICS.
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|
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ECO234
E
|
CREDIT:3
WINTER
|
Monetary Theory and Policy
This course provides a comprehensive study of the basic structure and function of finance in relation to financial theory, financial systems, and monetary policy. Specific topics may include central banking and conduct of monetary policy. Prerequisite: Principles of Macroeconomics
|
|
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ECO254
E
|
CREDIT:3
AUTUMN
|
Industrial Organization
This course analyses firms'' behavior under imperfect competition by using microeconomics; price theory and game theory.Topics that this course deals with are as follows: monopoly and monopsony, duopoly (with price/quantity competition), differentiation and compatibility, entry deterrence, location choice, timing selection, investment and R^&D, vertical integration, mixed duopoly, etc.Prerequisite: PRINCIPLE OF MICROECONOMICS and GAME THEORY. Students are highly recommended to take after INTRODUCTION TO MATHEMATICS TO ECONOMICS.
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|
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ECO255
E
|
CREDIT:3
SPRING
|
International Finance
Examines theories of international finance - the movement of currency and other financial assets across national boundaries - and its main policy tool - exchange rates. The course will review of national income accounting under an open-economy macroeconomy and its relation to an economy’s balance of payments. This course will also examine the determination of exchange rates and how they are influenced by various economic phenomena such as interest rates, money supply and the real economy (output and unemployment). Note that this course is a prerequisite for the International Finance Policy course. Prerequisite: PRINCIPLE OF MACROECONOMICS.
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|
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ECO256
E
|
CREDIT:3
WINTER
|
International Trade
Examines theories of international trade - the movement of goods and services across national boundaries. Students will develop a knowledge of the fundamental models of international trade: the comparative advantage based models such as the Ricardian Model, the Heckscher- Ohlin Model and the standard model of trade and well as new trade theory that explains the phenomenon of intraindustry trade between developed countries. The course also covers the empirical evidence supporting or refuting those models. Prerequisite: PRINCIPLE OF MICROECONOMICS.
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ECO257
J
|
CREDIT:3
SPRING
|
Labor Economics
This course is for studying the basics of recent Labor Economics.
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ECO258
J
|
CREDIT:3
WINTER
|
Law and Economics
The purpose of this course is to clarify phenomena and problems that are inherent in the market economy by an examination of the laws and economic systems that support the internal and contractual structure of the market.
|
|
|
ECO259
E
|
CREDIT:3
AUTUMN
|
Financial Markets and Institutions
Comprehensive study of the financial system: money, banking and financial markets. Introduces students to the role of the financial system and its structure and operation. Specific topics may include debt and equity markets, financial institutions and the regulation of those markets and institutions. Prerequisite: Principles of Macroeconomics
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|
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ECO260
J
|
CREDIT:3
WINTER
|
Public Economics
Public economics analyzes the economic activity involving the government and the public sector. This course will deal with various aspects of government administration or public finance, and address such question as why government is needed, why taxes are imposed, the role of public investment, and questions relating to the decentralization of power.
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|
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ECO261
J
|
CREDIT:3
SPRING
|
Public Finance
General principles applicable to public finance in a modern state and the fundamental theories on which sound policy must be based. Prerequisites: PRINCIPLES OF MACROECONOMICS and PRINCIPLES OF MICROECONOMICS.
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|
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ECO262
J
|
CREDIT:3
SPRING
|
Urban Economics
This course analyses various problems in urban areas, such as housing, transportation, environment, finance, and homelessness from the viewpoints of urban economics.
|
|
|
ECO263
J
|
CREDIT:3
AUTUMN
|
Japanese Economy
An economic analysis on the post-war Japanese economy based on macro- and microeconomic theories.
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|
|
ECO311
J,E
|
CREDIT:3
WINTER
|
Applied Econometrics
Intermediate theory of econometrics and its application. Panel regression analysis, nonlinear regression analysis, qualitative variable regression analysis, and time series model. Prerequisite: ECONOMETRICS
|
|
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ECO312
E
|
CREDIT:2
SPRING
|
Macroeconomic Modelling and Simulation
Students will study optimal control theory, overlapping generations model, and dynamic programming as theories of dynamic optimization, following their acquisition of difference and differential equations as mathematical tools. In addition, this course will establish a foundation for students in simulating and estimating the Real Business Cycle (RBC) and Dynamic Stochastic General Equilibrium (DSGE) models. Through instruction in Octave (Matlab) programming methods, students will gain practical experience in simulation and numerical analysis.
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|
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ECO331
J
|
CREDIT:3
AUTUMN
|
Comparative Economic Theories
Comparative studies on economic theories including recently developed methods of analysis. Prerequisites: PRINCIPLES OF MACROECONOMICS and PRINCIPLES OF MICROECONOMICS.
|
|
|
ECO332
E
|
CREDIT:2
WINTER
|
Knowledge, Institutions, and Economic Growth
This course studies the engines of economic growth and the various related economic issues. In particular, we analyze in more detail the issues of institutions, inequality, human capital and education, national competitiveness, innovation and corporate governance, international trade and globalization, and environment. Prerequite: PRINCIPLES OF MICROECONOMICS.
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|
|
ECO333
J
|
CREDIT:3
SPRING
|
Intermediate Microeconomics II
This course covers intermediate level of game theory and information economics. Topics that this course deals with are:[game theory] Equilibrium concepts, such as NE, SPNE, PBE, Sequential eqm. and application of game theory to imperfect competition.[information economics] risk and asset markets (asset pricing), asymmetric information and incentive mechanism. Prerequisite: GAME THEORY and INTERMEDIATE MICROECONOMICS I.
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|
|
ECO334
J
|
CREDIT:3
WINTER
|
Macroeconomic Theory
Understanding various issues in economy and financial markets from the viewpoint of Macroeconomics
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|
|
ECO351
J
|
CREDIT:2
SPRING
|
Analysis of Asian Economic Development
Theoretical analysis of economic develop-ment in ASEAN countries and Asian NIES countries. Various barriers for development will be discussed comparatively. Students will thus be prepared to carry out the integrated research necessary for policy making.
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|
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ECO352
J
|
CREDIT:2
SPRING
|
Contemporary American Economy
This course analyzes industrial, commercial, and financial aspects of the contemporary American economy. Prerequisites: PRINCIPLES OF MICROECONOMICS and PRINCIPLES OF MACROECONOMICS.
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ECO353
J
|
CREDIT:3
SPRING
|
Cost Benefit Analysis
Cost benefit Analysis (CBA) gives the government a criteria as to whether it should make a public investment or not. This course introduces the rationale, format and uses of the basic CBA. Topics include: valuing benefits and costs in primary and secondary markets, discounting future benefits and costs, and the social discount rate. Prerequisite: Intermediate Microeconomics I,II.
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|
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ECO354
J
|
CREDIT:3
WINTER
|
Environmental Economics
Provides a survey of environmental policy from the perspective of economics. Topics include principles of environmental economics, air pollution and waste management. Prerequisite: PRINCIPLE OF MICROECONOMICS.
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|
|
ECO360
J
|
CREDIT:2
SPRING
|
Special Topics in Asian Economy
This course analyzes economics of rapidly developing Asian countries. Countries studied in this course will be announced every year. Prerequisites: PRINCIPLES OF MICROECONOMICS and PRINCIPLES OF MACROECONOMICS.
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|
|
ECO361
E
|
CREDIT:2
WINTER
|
Firm Economics
Firm Economics is a study of various aspects in firm''s economic activities occurred in the process of production, profit maximization, and cost-minimization. In particular, this course introduces theories and empirical results of firm''s main economic activities such as productivity enhance, physical investment, capacity utilization, technology development, R^&D, and division of profit under the micro- and macro-economic surroundings. Thus, this course introduces the results of empirical economic analysis using the data of famous international firms. Together with short-run comparative analysis, this course introduces the dynamic analysis of firm in the long-run. Corporate governance is one of important issues to be included in this course.
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|
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ECO381
E
|
CREDIT:3
SPRING
|
Advanced Studies in Economics I
Advanced Studies in selected topics in Economics that are of special interest to the students.
|
|
|
ECO382
E
|
CREDIT:3
AUTUMN
|
Advanced Studies in Economics II
Advanced Studies in selected topics in Economics that are of special interest to the students.
|
|
|
ECO383
J
|
CREDIT:2
SPRING
|
Advanced Studies in International Economy I
Readings on theoretical and institutional research in international economics. Emphasis will be placed on the problems of international finance, particularly those touching on finance and development such as accumulated debt issue.
|
|
|
ECO384
J
|
CREDIT:2
WINTER
|
Advanced Studies in International Economy II
The course will clarify the reason why foreign trade is required. Various forms of public trade policies and their functions will be explained. Examples of the policies on the balance of payments such as foreign exchange and quotas will be explained. Lectures will also cover the area of international economic co-operation such as north-south problems, economic integration and general scheme of preference.
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|
|
MTH101
J
|
CREDIT:3
WINTER
|
Calculus I
Calculus of one-variable and many-variable functions in continuation to Introduction to Mathematics. Includes differentiation and integration of functions of one variable, the concept of continuity, partial derivatives, extrema problem, and multiple integrals. Prerequisite: high school calculus (Mathematics III) or Introduction to Mathematics. Two periods of lecture and two periods of recitation weekly.
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MTH102
J,E
|
CREDIT:3
SPRING+AUTUMN
|
Introduction to Mathematics
Covers the basic concepts necessary for college-level mathematics, mainly foundation of calculus of one-variable functions. The content of lecture is not premised on the completion of high school mathematics. Two periods of lecture and two periods of recitation weekly.
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|
|
MTH103
J,E
|
CREDIT:3
AUTUMN+WINTER
|
Linear Algebra I
Introductory courses on linear algebra basic to further study in mathematics. Includes vectors, matrices, rank of a matrix, determinants, solutions of systems of linear equations, eigenvalues, eigenvectors and matrix representation of linear transformations. Two periods of lecture and two periods of recitation weekly.
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|
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MTH211
J
|
CREDIT:2
SPRING
|
Calculus II
Vector calculus, including necessary topics in calculus of many-variable functions. Includes derivation of vector-valued functions, line and surface integrals, theorem of Stokes, theorem of Gauss and potential fields. One period of lecture and two periods of recitation weekly. Prerequisite: Calculus I.
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MTH212
J
|
CREDIT:2
AUTUMN
|
Function Theory of One Complex Variable
Calculus of complex functions. Includes derivatives and integrals of functions of a complex variable, power series, calculus of residues and analytic continuation. One period of lecture and two periods of recitation weekly. Prerequisite: Calculus.
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|
|
MTH213
J
|
CREDIT:2
WINTER
|
Theory of Differential Equations
Introduction to the theory of differential equations. Includes linear ordinary differential equations, existence theorem of solutions and eigenvalue problems. One period of lecture and two periods of recitation weekly. Prerequisite: Calculus.
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|
|
MTH231
E
|
CREDIT:2
WINTER
|
Topics in Linear Algebra
Further study of selected topics of Linear Algebra in continuation of Linear Algebra II. Includes eigenvalues, eigenvectors, numerical diagonalization and standard form of a matrix, and quadratic forms. One period of lecture and two periods of recitation weekly. Prerequisite : Linear Algebra II.
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|
|
MTH233
J
|
CREDIT:2
SPRING
|
Linear Algebra II
General theory of vector spaces in continuation to Linear Algebra I. Includes the concept of general vector spaces (including a complex vector space), linear independence, linear transformations and their matrix representations, and vector spaces with metric. One period of lecture and two periods of recitation weekly; Linear Algebra I.
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|
|
QPFD401
E
|
CREDIT:2
SPRING
|
Advanced Econometrics
Advanced econometric theory: Panel regression analysis, nonlinear regression analysis, and time series model. In addition, we cover one of the most modern Bayesian tool kits of today, the Gibbs sampler. Other random variable simulation techniques in the MCMC (Markov Chain Monte Carlo) may be covered. Not only the Bayesian techniques but also sampling theory simulation techniques will be discussed.
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QPFD411
E
|
CREDIT:2
AUTUMN
|
Macroeconomics
To promote basic understandings of macroeconomic theory and analysis.
|
|
|
QPFD412
E
|
CREDIT:2
AUTUMN
|
Microeconomics
To promote basic understandings of microeconomic theory and analysis.
|
|
|
QPPE507
E
|
CREDIT:2
SPRING
Offered Alternate Year
|
International Finance Policy
In this course students will develop analytic tools that can be used to analyze international financial policy. The focus of this course will be on the international implications of macroeconomic policies under differing exchange rate regimes. Specific topics may include European financial integration and the forming of the European Monetary Union; the movement for financial integration in Asia and the arguments for and against a potential Asian Monetary Union; the costs and benefits of financial globalization and how they differ for developing and developed countries; policy lessons from recent financial crises in Latin America, East Asia and Russia.
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|
|
QPPE508
E
|
CREDIT:2
WINTER
Offered Alternate Year
|
International Money and Banking
Study of monetary and banking systems with special emphasis on their effect on national economy, as developed by modern economic policies and theory.
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|
|
QPPE509
E
|
CREDIT:2
SPRING
Offered Alternate Year
|
International Trade Policy
In this course students will develop analytic tools that can be used to analyze international trade policy. Grounded in theoretical models of international trade and the empirical evidence supporting or refuting those models, the focus of the course will be on exploring issues related to trade policy. These may include questions such as the following. What is strategic trade policy and what are its instruments (tariffs, subsidies and voluntary export restraints)? What are the national welfare arguments for or against free trade that go beyond traditional gains from trade to include the political economy? How may the role of international trade and trade policy differ between developed and developing countries? What are some of the controversies in the current Globalization Debate?
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|
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QPPE515
E
|
CREDIT:2
WINTER
Offered Alternate Year
|
Advanced Macroeconomics
Advanced macro-economic theory: This course studies theories of consumption, investment, money demand, money supply, economic growth, economic fluctuations, and economic policy.
|
|
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QPPE516
E
|
CREDIT:2
WINTER
Offered Alternate Year
|
Advanced Microeconomics
Advanced micro-economic theory: I. Theory of prices, wages, rent, interest, and profits in the framework of general equilibrium. II. Normative economic theories for the planning and evaluation of economic policy.
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STH391
|
CREDIT:3/(9)
EVERY TERM
|
Senior Thesis
Senior students, under the guidance of an advisor, will select a subject related to their major and prepare a senior thesis. The final product should represent the efforts of one year of sustained and rigorous thinking, research, and writing. Required of all students in their senior year.
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