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

Related Resources