Case Study (Japanese Macroeconomic Policy: Assessment of Monetary and Fiscal Policies)
Faculty
ITO, Takatoshi
HAYASHI, Tomoko
Credit / Semester / Schedule / Language
2 Credits / Winter / Tuesday Period: 6 / English
Objectives/Overview
This case study will be conducted in Japanese and/or English depending on students’ ability and background.
Keywords
Macroeconomic Policy, Monetary Policy, Fiscal Policy, Deflation , Growth Policy
Schedule
The possible topics for the case studyinclude the followings:
(1A) Estimating potential growth rate of Japan
(1B) Growth strategy of Japan (growth industries and appropriate policies)
(2A) Should the Bank of Japan adopt inflation targeting?
(2B) How could Japan overcome “deflation”?
Teaching Methods
Students are asked to form a group and
Grading
Class Participation, Presentation, and Final Report
Required Text
Readings will be assigned as the class progresses
Reference Books
Readings will be assigned as the class progresses
Notes on Taking the Course
Group projects and class participation (discussion) will be important