学部・大学院区分
Undergraduate / Graduate
開・博前
時間割コード
Registration Code
3055020
科目区分
Course Category
専門・プログラム
Program
科目名 【日本語】
Course Title
開発マクロ経済学
科目名 【英語】
Course Title
Development Macroeconomics
コースナンバリングコード
Course Numbering Code
INT2L5502E
担当教員 【日本語】
Instructor
染矢 將和 ○
担当教員 【英語】
Instructor
SOMEYA Masakazu ○
単位数
Credits
2
開講期・開講時間帯
Term / Day / Period
春 木曜日 1時限
Spring Thu 1
授業形態
Course style
講義
Lecture


授業の目的 【日本語】
Goals of the Course(JPN)
本講義は、1.学部レベルのマクロ経済学の復習、2. マクロ経済分析のスキルの向上、3.上級レベルのマクロ経済学の課題やモデルについて理解を深めることを目的とする。履修生は、ISLMモデルから始まり、金融・財政政策、世代重複モデルおよび確率的動学マクロモデル(DSGE)について学習します。
授業の目的 【英語】
Goals of the Course
The purposes of this course are threefold. The first objective lies in blushing up macroeconomics of the participants including mathematics such as differentiation and linear algebra. The first three sessions are allocated for the first objective and introductory macroeconomics at a college level. Secondly, the course aims at building up macroeconomic analytical capability based on analytical framework practiced at international institutions based on macroeconomic statistics. The fourth to ninth sessions are designed for general development practitioners. The third element is to strengthen research capability based on advanced macroeconomics. The tenth to fifteenth sessions are designed for those who intend to do further researches for higher degree.

Knowledge on macroeconomics, mathematics and econometric software are not required but will be advantages.
到達目標 【日本語】
Objectives of the Course(JPN)
SLMモデルから始まり、金融・財政政策、世代重複モデルおよび確率的動学一般均衡マクロモデル(DSGE)について、理解し、それらのモデルを使ってマクロ経済分析を行えるようになることを目的とする。
到達目標 【英語】
Objectives of the Course
The objectives are 1. to be able to handle ISLM model to analyze the consequence of fiscal and monetary policy in both closed economy and open economy, 2. to understand Cobb-Douglas production function to analyze the economic growth, 3. to analyze monetary sector and 4. to manipulate Dynamic Stochastic General Equilibrium Model (DSGE).
授業の内容や構成
Course Content / Plan
Week 1: An introduction on GDP and its expenditure components is presented in economic growth perspective. Common characteristics of saving-investment balance in developing economies and determinants of consumption and investment.
Week2: Monetary Policy: Money supply and IS-LM analysis with special focus on Taylor rules, the Philips curve, monetary operation, Ricardian equivalence and fiscal policy in the IS-LM framework. Determinants of inflation in developing countries and its impact on macro-economy and development projects. Output gap and business cycle using Hodrick-Prescott filter.
Week 3: Monetary and Fiscal Policy in IS-LM framework
Week 4: BoP statistics and International Reserves: trade, worker’s remittance, foreign direct investment (FDI), external financing such as bonds and loans are discussed with a case study for international reserve crisis and Ukraine and case study for international reserves and development project. Exchange rate, international reserves and financial crisis are reviewed with samples from Thailand and Korea.
Week 5: Economic Growth and General Equilibrium
Week 6: Domar Model
Week 7: Ramsey Model: Introduction
Week 8: Ramsey Model: Dynamic Optimization
Week 9: Ramsey Model: Phase Intertemporal Subsitution
Week 10: Ramsey Model: Phase Diagram
Week 11: Ramsey Model: Elastic Labor Supply
Week 12: Overlapping Generations Model - Introduction
Week 13: Overlapping Generations Model - Euler Equation
Week 14: Overlapping Generations Model - Numerical Simulation
Week 15: Endogenous Growth Model



Notes:
1. The schedule is subject to changes depending on the readiness and progress of the class.
2. Mathematics and statistics such as differentiation and linear algebra relevant to the lecture will be reviewed in the class when and if necessary.
履修条件・関連する科目
Course Prerequisites and Related Courses
Development Finance, Development Economics, Basic Macroeconomics, Microeconomics.
There is no precondition to take this course.
成績評価の方法と基準
Course Evaluation Method and Criteria
In-class quiz and homework (50%) and final exam (50%).
Credit is given to C- or C (where applicable) or higher grade for each criterion.
教科書・参考書
Textbook/Reference Book
(1)Gregory Mankiw, 2016, Macroeconomics (9th edition), Macmillan Education
ISBN-10 : 1319243584

(2) F. S. Mishkin, 2016, The Economics of Money, Banking, and Financial Market, Pearson. 
ISBN-10 : 1292268859

(3) Paul Grugman,2018, International Economics Theory and Policy, 11th edition, Peason
ISBN-10 : 9781292216355

齋藤誠 他、2010年、「マクロ経済学」有斐閣 ISBN-10 : 4641053847
課外学習等(授業時間外学習の指示)
Study Load(Self-directed Learning Outside Course Hours)
Students are expected before the class to read relevant chapters and sections in those textbooks above from (1) to (3).
注意事項
Notice for Students
Students are not expected to have a solid background in international finance and macroeconomics since the lecture starts from introductory levels. However, having a background in economics is an advantage.
使用言語
Language(s) for Instruction & Discussion
English
授業開講形態等
Lecture format, etc.
対面で実施します。
Classes will be held in-person.
遠隔授業(オンデマンド型)で行う場合の追加措置
Additional measures for remote class (on-demand class)