| Course Name | Year | Term | Period | Faculty / Graduate School | All Instructors | Credits |
|---|---|---|---|---|---|---|
| 50550:[2025 Spring]Foundation Course to Policy Science Ⅲ (P) | 2025 | Spring | Mon2 | College Of Policy Science | SCHROEDER MARTIN | 2 |
Campus
Class Venue
Language
Course Outline and Method
Economics can serve as a lens to understand and analyse a variety of issues and can be used to formulate solutions to these issues, too.
Student Attainment Objectives
1. be able to understand key concepts of economics (supply, demand, market, and economic growth);
2. be able to use these key concepts for problem analysis; and
3. develop skills in presentation and discussion.
Recommended Preparatory Course
Course Schedule
| Lecture/Instructor（When there are multiple instructors) | Theme |
|---|---|
| Keyword, References and Supplementary Information | |
Introductory video class |
|
【+R-Jugyo】Information for “+R-Jugyo” will be posted on manaba+R.
|
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| 1 | Foundation and Models |
Key assumptions in Economics
|
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| 2 | Comparative Advantage |
Comparative Advantage and Trade |
|
| 3 | Demand and Supply |
How are prices made? |
|
| 4 | Market Failure |
Externalities and Market Failure (Environmental Issues and Policy) |
|
| 5 | Firms and Corporate Governance |
|
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| 6 | Consumer Choice and Elasticity |
Price Elasticity, Perfectly Elastic and Perfectly Inelastic Demand |
|
| 7 | Technology, Production and Costs |
Fix Cost, Variable Cost, Average Total Cost |
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| 8 | Perfectly Competitive Markets |
Four Market Structures, Perfectly Competitive Market |
|
| 9 | Monopoly and Antitrust |
Can some monopolies be justified?
|
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| 10 | Monopolistic Competition and Oligopoly |
Monopolistic Competition, Barriers to Entry |
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| 11 | GDP |
What does GDP measure?
|
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| 12 | Unemployment |
Types of unemployment
|
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| 13 | Student Presentations 1 |
Apply concepts of this class in presentations (individual or group presentations) |
|
| 14 | Student Presentations 2 |
Apply concepts of this class in presentations (individual or group presentations) |
Class Format
Recommendations for Private Study
Preparation of assigned readings is expected in order to follow and better understand the contents of each class. Depending on reading speed, students should expect 1.5-2 hours of preparation time per class.
Classes may incorporate discussion about reading contents, including their application to recent events not mentioned in the assigned readings.
The two final classes consist of student presentations for which research and preparation time will be significantly longer.
Grade Evaluation Method
| Kind | Percentage | Grading Criteria etc. |
|---|---|---|
| Final Examination (Written) | ||
| Report Examination (A report to be submitted by the unified deadline) |
||
| Exams and/or Reports other than those stated above, and Continuous Assessment (Evaluation of Everyday Performance in Class) |
100 | In-class participation 40%
|
Grade Evaluation Method （Note）
Advice to Students on Study and Research Methods
Textbooks
| Title | Author | Publisher | ISBN Code | Comment |
|---|---|---|---|---|
| Essentials of Economics (7th ed.) | Hubbard, G. and O'Brien, A.P. | Pearson | 978-0135956090 |
Textbooks （Frequency of Use, Note）
Reference Books
Reference Books （Frequency of Use, Note）
Web Pages for Reference
How to Communicate with the Instructor In and Out of Class(Including Instructor Contact Information)
Other Comments
URL:https://secure.ritsumei.ac.jp/students/pathways-future/course/curriculum.html/