Case Study (Japanese Macroeconomic Policy: Solutions to Monetary and Fiscal Policy Challenges)

Instructors

HAYASHI Tomoko

Term / Language / Credits

S1S2 / English / 2

Objectives

This course will provide sound basis for research on the Japanese macroeconomic policy, focusing on monetary policy, with reference to other countries. It will cover a wide range of background knowledge from policy framework in theory and practice, economic assessment and data analysis to the current policy settings.

Keywords

Japanese economy, macroeconomic policy, monetary policy, deflation, growth

Schedule

1)General guidance
2)Basics on Japan's economic analysis
3)Brief history on Japanese economy
4)Monetary policy in the world
5)Monetary policy in Japan (1)
6)Monetary policy in Japan (2)
7)Financial system, macroprudential policy and monetary policy
8)Exchange rates and Japan's economy
9)Structural reform issues, potential growth and monetary policy
10)Macroeconomic policy mix and political process
11)Guidance on data collection and analysis
12)Presentation on research ideas
13)Presentation on research results
14)Final presentation

Teaching Methods

interactive teaching; a research project

Grading

Grade will be based on class participation(30%), presentation and a report(70%).

Required Textbook

None

Reference Books

None

Notes on Taking the Course

Prerequisites: Knowledge of Macroeconomics

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