Syllabus

SubjectMICROECONOMICS 1 [1st half of semester](GIGA/GG)

Class Information

Faculty/Graduate School
POLICY MANAGEMENT / ENVIRONMENT AND INFORMATION STUDIES
Course Registration Number
28066
Subject Sort
C1064
Title
MICROECONOMICS 1
Field
Advanced Subjects - Series of Policy Management
Unit
2 Unit
Year/Semester
2022 Spring
K-Number
FPE-CO-04003-222-07
Year/Semester
2022 Spring
Day of Week・Period
Tue 1st , Thu 1st
Lecturer Name
Tatsuma Wada
Class Format
Online (Live)
Language
English
Location
Other
Class Style
*Please click here for more information on the correspondence between 'Class Style' and ’Active Learning Methods’.
Lecture
GIGA Certificate
Applied

Detail

Course Summary

This is an introductory Microeconomics course.
First we will be looking at consumers and households to study how the demand curve is derived. We then introduce the supply curve, and discuss how markets work. Focusing on equilibrium, we will analyze economic welfare. Then, we will study externalities that a simple demand-supply model fails to take into account. Firm behavior and the organization of industry, in particular, the costs of production and monopoly in the markets are then studied. Finally, the markets for the factor of production, such as labor and capital markets are studied.
Although this course requires some mathematical knowledge, including basic calculus and linear algebra, I will try not to make lectures technical, but rather intuitive.