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Economics Seminar

Koji Yokota, 6 credits (optional, whole year)

1. Seminar objective and method

This year, we focus on effects of policies and politics on economy mainly from a view point of macroeconomics.


2. Seminar contents

The contents are a little advanced. The instructor will deliver lectures on basic theoretical tools which will be used in the seminar in the first several weeks. Then, students choose topics from the textbook and make presentations.


3. Teaching materials

Textbook: Drazen "Political Economy in Macroeconomics", Princeton University Press, 2000.

Extract from the textbook:

  • Time-consistency problem
  • Laws, institutions and delegated authority
  • Credibility and reputation
  • Elections and changes of policymakers
  • Redistribution; public goods
  • Inaction, delay, and crisis
  • Factor accumulation and growth
  • International economy
  • Economic reform and transition
  • The size of government and the number of nations


4. Grading

Grading is based on attendance, quality of presentation and contribution to discussion.

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