Research Seminar 3

Research Seminar 3

Major Courses

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School of Economics and Management

3Year

KCCBG3MCA3

2.00Credits

演習 (Seminar)

Fall semester 2026

(Fall semester)

Mizuki TSUBOI

School of Economics and Management

English

8

Wednesdays, 12:20–12:50, Room A424

miduki_tsuboi@em.u-hyogo.ac.jp

1◎／3◎／4◎

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N/a

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Course Objectives:
Building on Research Seminar I and II, this course begins with an in-depth study of macroeconomic policies—fiscal and monetary—and brings our formal study of macroeconomics to a close. The course then shifts its focus to research methodology, preparing students to develop and pursue their own research agenda in the subsequent Thesis Seminar.

Learning Goals:
By the end of the course, students should be able to assess the likely effects of fiscal and monetary policies implemented in Japan and the global economy. In addition, students should have a clear and well-defined vision for their thesis topic, enabling them to conduct independent research after the course.

Course Subtitle:
Economic Policy

Keywords:
Fiscal Policy; Monetary Policy; Economic Research

Course overview:
The course first examines fiscal and monetary policy as the culmination of macroeconomic analysis. It then transitions to research preparation, guiding students through the process of refining a research question and developing a feasible thesis project.

Lecture Schedule:
1. Introduction and Course Overview
2. Should Policy Makers Be Restrained? (I)
3. Should Policy Makers Be Restrained? (II)
4. Fiscal Policy: A Summing Up (I)
5. Fiscal Policy: A Summing Up (II)
6. Class Discussion I
7. Monetary Policy: A Summing Up (I)
8. Monetary Policy: A Summing Up (II)
9. Epilogue: The Story of Macroeconomics
10. Class Discussion II
11. About the Thesis
12. Presenting Your Research Idea (I)
13. Presenting Your Research Idea (II)
14. Presenting Your Revised Research Idea (I)
15. Presenting Your Revised Research Idea (II)

In-person

In-person classes only, not subject to the cap on distance-education credits.

Limited permission for use

Limited permission applies. When using generative AI (GenAI), students must comply with the “Guidelines on the Use of Generative AI in Education at the University of Hyogo (For Students).” GenAI tools such as ChatGPT can be used only for polishing English. Students must not use GenAI to summarize assigned readings or to create presentation slides.

Blanchard, O.J., 2025. Macroeconomics, 9th edition. Pearson.

Jones, C.I., 2024. Macroeconomics, 6th edition. W.W. Norton & Company.

Preparation:
Read the assigned sections and prepare presentation slides (10 hours).

Review:
Review the textbook and classmates’ presentation slides (10 hours).

Students are required to give presentations and to actively engage in class discussions.

Grades are based on presentations (80%) and class discussions (20%). Grades will be assigned as follows: S (90 points or higher), A (80 points or higher), B (70 points or higher), and C (60 points or higher).

Students will receive feedback on their presentations from the instructor.

Research Seminar II is a prerequisite for this course.

Not applicable.

This seminar differs fundamentally from standard lecture-based courses. Students are expected to remain highly motivated, actively participate in discussions, and take responsibility for their own learning. Students are encouraged to consult the instructor regarding further study and research directions.