Introductory Microeconomics

Introductory Microeconomics

専門教育科目

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国際商経学部

学年指定なし

KCCBG1MCA1

2.00単位

講義 (Lecture)

2025年度後期

(Fall semester)

權 孝智

国際商経学部

英語

目標4

Tuesday, 13:00–17:00
Research Building 1, Room A320

If you wish to visit, please schedule an appointment in advance via email. Appointments outside the above time slot may also be arranged through prior email communication.

kwon@em.u-hyogo.ac.jp

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This course aims to enhance students' ability to see the world through the eyes of economics by understanding and applying the basic concepts of microeconomics, addressing individual choice, market interaction, and social problems.

1) Understand rational choice and strategic interaction from the perspectives of both consumers and firms.
2) Understand the concepts and implications of market supply and demand, as well as the perfectly competitive market.
3) Comprehend the concept of market failure and analyze it by applying it to real-world examples.

Supply and Demand, Market Equilibrium, Consumer Choice, Profit Maximization, Market Failure, Institutions and Policies

This course provides an introduction to, and application of, the basic concepts of microeconomics. The course essentially follows the material in the main textbook.

Week 1. Introduction & Unit 1  - Prosperity, inequality, and planetary limits
Week 2. Unit 2 - Technology and incentives
Week 3. Unit 3 - Doing the best you can: Scarcity, wellbeing, and working hours (1)
Week 4. Unit 3 - Doing the best you can: Scarcity, wellbeing, and working hours (2)
Week 5. Unit 4 - Strategic interactions and social dilemmas (1)
Week 6. Unit 4 - Strategic interactions and social dilemmas (2)
Week 7. Unit 5 - The rules of the game: Who gets what and why
Week 8. Midterm examination
Week 9. Unit 7 - The firm and its customers (1)
Week 9. Unit 7 - The firm and its customers (2)
Week 11. Unit 8 - Supply and demand: Markets with many buyers and sellers (1)
Week 12. Unit 8 - Supply and demand: Markets with many buyers and sellers (2)
Week 13. Unit 6 - The firm and its employees
Week 14. Unit 10 - Market successes and failures: The societal effects of private decisions (1)
Week 15. Unit 10 - Market successes and failures: The societal effects of private decisions (2)
Final examination

The CORE Econ Team, 2023, The Economy 2.0: Microeconomics, Open access e-text (https://core-econ.org/the-economy/)

Paul Krugman and Robin Wells, 2015, Economics(4th edition), Worth
Gregory Mankiw, Principles of Economics,  Cengage Learning

【Preview】Students are encouraged to read in advance each section of the textbook (90 minutes).
【Review】Students are encouraged to review the lecture notes and solve the problem sets or review questions (150 minutes).

During the lecture, students will engage in online quizzes and decision-making exercises related to the lecture topics using Google Forms. These activities are designed to reinforce key concepts and encourage active participation in the learning process.

Grading Criteria: Students who can comprehend and apply basic concepts in microeconomics will be awarded credits based solely on their scores, with grades of S (90 points or higher), A (80 points or higher), B (70 points or higher), and C (60 points or higher).

Grading Methods: The evaluation will be determined by a midterm exam (30%), a final exam (30%), and online quizzes and decision-making exercises given in every lecture (40%).

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