Economics

This course provides an introduction to the concepts that underlie modern economic analysis. The course begins with the concept of opportunity cost, proceeding to optimal decision-making at the level of an individual consumer. Similar analysis describe the optimal behavior of an individual firm, distinguishing competitive and non-competitive market structures. The theoretical coverage is supplemented with real-life examples, including a visit to one of the London's markets (e.g. London Metal Exchange) where students can observe a live application of the theoretical concepts.

The course provides an introduction to international financial markets. It includes a study of the rules and functions of international banks and financial markets in the world economy. It examines the relationships and risks of multinational firms, decisions financial managers face in a global volatile environment, and international finance activities of countries around the world. Topics include balance of payments, exchange rate regimes, foreign exchange market, exchange rate parity conditions, derivatives, hedging strategies, and managing transaction and economic exposure. 

The problem facing less developed countries are among the greatest challenges facing the world today. This course focuses on the diverse structures and common characteristics of less developed countries and offers an evaluation of policies being pursued. The course provides an introduction to the micro-economic approach to development economics. The course presents key theoretical models and related empirical evidence that shape our thinking of economic interactions and policy-making in developing countries.

This is an interdisciplinary class on the relationship between the EU and Japan, focusing on economic aspects but also including political and social aspects. The course comprehensively deals with the history from the beginning of European integration to the establishment of the euro, and the relationship between the EU and Japan and other countries during that process.

In each lecture, Power point will be prepared and uploaded before the lecture. In addition, we rely on the reference books such as 'EU-Japan relations and the crisis of multilateralism' and 'Routledge handbook of the economics of European integration’ for which e-books are available at Keio library and are useful for you to study at home. Students are supposed to submit short comments after every class. European policy makers and academics will be invited for guest speeches occasionally.

This course covers industrial economics with industry as its research object. The course studies the relationship between competition and cooperation among enterprise. The main content includes industrial organization, industrial structure, industrial policy, antitrust and government regulation.