Economics Ⅰ

Course Information

College	Toyama College	Year	2023
Course Title	Economics Ⅰ
Course Code	0056	Course Category	General / Elective
Class Format	Lecture	Credits	Academic Credit: 1
Department	Department of Mechanical Engineering	Student Grade	4th
Term	First Semester	Classes per Week	前期:2
Textbook and/or Teaching Materials	(Course materials) None in particular/(Related books) Entry level texts relating to microeconomics
Instructor	Bonkiru Kim

Course Objectives

① To learn basic principle of economics.
② To develop the theoretical view of the economy and industry.
③ To acquire analytical ability about economic society.

Rubric

	Ideal Level of Achievement (Very Good)	Standard Level of Achievement (Good)	Unacceptable Level of Achievement (Fail)
To learn the way of thinking of economics and basic principle about economics	Understand the basic economic indicators and principles for understanding the movements of the national economy	Can understand economic theory and statistical information related to the movements of various economic entities (including enterprises)	Can not understand the meaning of basic economic variables
To develop the theoretical view of the economy and industry	Understand changes in economic conditions due to changes in national economic and industrial indicators and institutions	Can understand the interaction between the national economic system and economic variables	Can not understand the relationships between basic economic variables
To acquire analytical ability about economic society	Can analyze how changes in economic variables bring about changes in the economy as a whole through various models	Can understand various models and the different connections of the economic society through them	Cannot understand the connection of basic economic variables

Assigned Department Objectives

Learning and Educational Objectives of the “General Engineering” B-6 （自分自身の生きている現代社会について，歴史を踏まえて経済・法律・習慣などの面から説明することができる。）

JABEE 1(2)(a) （地球的視点から多面的に物事を考える能力とその素養）

Diploma policy 3 （豊かな教養と倫理観を身につけ，社会に貢献できる。）

Teaching Method

Outline:

Learning objectives (aim of the lessons)
To learn the basic theories of microeconomics relating to the behavior of individual economic entities, and the basic knowledge required to understand actual economic phenomena.

Style:

Lectures

Notice:

The lesson plan may change depending on the students' degree of understanding.

Course Plan

			Theme	Goals
1st Semester
	1st Quarter
		1st	Basic principle about economics	Explanation the way of thinking and analysis of economics
		2nd	Economic system	Explain the role of the market and the government
		3rd	Economic system	Explain the role of the market and the government
		4th	Market and competition	Explanation of market form, market competition, etc.
		5th	Theory of consumer behavior 1	Theoretical explanation of consumer behavior
		6th	Theory of consumer behavior 2	Theoretical explanation of consumer behavior
		7th	Theory of producer's behavior 1	Theoretical explanation of producer behavior
		8th	Theory of producer's behavior 2	Theoretical explanation of producer behavior
	2nd Quarter
		9th	Mid-term exam
		10th	Market theory	Explanation of how market prices are determined
		11th	Elasticity analysis1	Elasticity and Its application
		12th	Elasticity analysis2	Elasticity and Its application
		13th	Consumer- producer surplus1	Consumer- producer surplus and Its application
		14th	Consumer- producer surplus2	Consumer- producer surplus and Its application
		15th	Review
		16th	Final exam

Evaluation Method and Weight (%)

	Examination	Presentation	Mutual Evaluations between students	Behavior	Portfolio	Other	Total
Subtotal	100	0	0	0	0	0	100
Basic Ability	100	0	0	0	0	0	100
Technical Ability	0	0	0	0	0	0	0
Interdisciplinary Ability	0	0	0	0	0	0	0