科目ナンバー

GM-OM1-GC02

履修条件・関連科目等

This course has no specific prerequisites

授業で使用する言語

英語

授業で使用する言語（その他の言語）

授業の概要

This is an introductory course in economic principles that help us understand how an economy functions in today’s society. The course introduces economic reasoning as well as techniques used by economists that can analyze and explain the complex modern economy. The course first deals with coordination mechanism in a market economy and its role, then devotes to the study of macroeconomics---the analysis of the economy at the aggregate level. We also discuss macroeconomic policy issues such as the financial crisis and budget deficit.

**This class is fully delivered by an on-site and in-person format.**

科目目的

Students who successfully complete the following three criteria will receive a grade of B or higher.
1. Demonstrate basic understanding of economic theory.
2. Apply basic economic theories to understand current economic issues and evaluate policy options.
3. Understand and use quantitative data to analyze economic issues.

到達目標

1. Demonstrate basic understanding of economic theory.
2. Apply basic economic theories to understand current economic issues and evaluate policy options.
3. Understand and use quantitative data to analyze economic issues.

授業計画と内容

(Course contents & schedule may be subject to change, when necessary.)

1. The course orientation
• An overview of the textbook

2. Chapter 1 - Ten Principles of Economics
• How people make decisions
• How people interact

3. Chapters 1 & 2
• How the economy as a whole works
• Thinking like an economist

4. Chapter 4 - The Market Forces of Supply and Demand
• Markets and competition
• Demand
• Supply

5. Chapter 4 - Continued
• Supply and demand together

6. Exam #1 (Ch1, 2, & 4)

7. Chapter 23 - Measuring a Nation's Income
• The economy's income and expenditures
• The measurement of GDP

8. Chapter 23 - Further discussion of GDP
• The components of GDP
• Real versus nominal GDP

9. Chapter 23 - GDP and economic well-being
• Is GDP a good measure of economic well-being?

10. Chapter 24 - Measuring the Cost of Living
• The consumer price index

11. Chapter 24 - Continued
• Correcting economic variables for the effects of inflation

12. Chapter 25 - Production and Growth
• Economic growth around the world
• Productivity: Its role and determinants

13. Chapter 25 - Continued
• Economic growth and public policy

14. Chapter 26 - Saving, Investment, and Financial System
• Financial institutions in the U.S. economy
• Saving and investment in the national income accounts

15. Chapter 26 - Continued
• The market for loanable funds

16. Exam #2 (Ch24-26)

17. Guest Speech (The date of the guest speech is subject to the speaker's convenient time. Students are expected to attend the speech and submit a speech report.)

18. Chapter 28 - Unemployment
• Identifying unemployment
• Job search
• Minimum wage laws

19. Chapter 28 - Continued
• Unions and collective bargaining
• The theory of efficiency wage

20. Chapter 29 - The Monetary System
• The meaning of money
• The Federal Reserve System

21. Chapter 29 - Continued
• Banks and the money supply

22. Chapter 29 - Continued
• The Fed's tools of monetary control

23. Chapter 30 - Money Growth and Inflation
• The classical theory of inflation
• The costs of inflation

24. Chapter 33 - Aggregate Demand and Aggregate Supply
• Three key facts about economic fluctuations
• Explaining short-run economic fluctuations

25. Chapter 33 - Continued
• The aggregate demand curve
• The aggregate supply curve
• Two causes of economic fluctuations

26. Chapter 34 - The Influence of Monetary and Fiscal Policy on aggregate demand
• How monetary policy influences aggregate demand
• How fiscal policy influences aggregate demand

27. Final Review

28. Final Exam (All the chapters after Exam #2)

授業時間外の学修の内容

指定したテキストやレジュメを事前に読み込むこと／授業終了後の課題提出

授業時間外の学修の内容（その他の内容等）

授業時間外の学修に必要な時間数／週

・毎週１回の授業が半期（前期または後期）または通年で完結するもの。１週間あたり４時間の学修を基本とします。
・毎週２回の授業が半期（前期または後期）で完結するもの。１週間あたり８時間の学修を基本とします。

成績評価の方法・基準

成績評価の方法・基準（備考）

課題や試験のフィードバック方法

授業時間内で講評・解説の時間を設ける／授業時間に限らず、manabaでフィードバックを行う

課題や試験のフィードバック方法（その他の内容等）

Students are encouraged to contact the instructor for any questions. Email is given below:
flyhigh16888@outlook.com

アクティブ・ラーニングの実施内容

PBL（課題解決型学習）／ディスカッション、ディベート

アクティブ・ラーニングの実施内容（その他の内容等）

授業におけるICTの活用方法

その他

授業におけるICTの活用方法（その他の内容等）

PC, internet, and Manaba.

実務経験のある教員による授業

はい

【実務経験有の場合】実務経験の内容

Academic Experience:
1. Adjunct Professor, Chuo University, Japan
2. Associate Professor and Director, University of Colorado Denver, USA
3. Assistant Professor, National Kaohsiung University of Science and Technology, Taiwan
4. Research/Teaching Assistant, Boston University & University of Connecticut, USA.

【実務経験有の場合】実務経験に関連する授業内容

Industry Experience:
1. Independent Board Director
2. Financial Director
3. Vice General Manager
4. Senior Financial Analyst
5. Research Associate

テキスト・参考文献等

Required Textbook

Author: N. Gregory Mankiw

Title: "Principles of Economics" Eighth Edition, or Ninth Edition if available.
Publisher: Cengage

Do not get a used book. Please make a purchase of a new copy at the university bookstore.
You must have an access code to sign up for MindTap, the course ware of the textbook. For course credit, you need to submit required problem sets online.

その他特記事項

Class attendance is mandatory since most exam questions will come from lecture materials. The class schedule, including exam schedule, is attached at the end of this file. There will be one midterm exam and a final exam. The only acceptable excuse for a missed exam is a medical emergency with documentation.
Please note the date and time of the final (to be announced), do not leave town before the final. No make-up exams will be given. This class has a substantial amount of homework that will often take a significant amount of time to complete.

参考URL