Introduction to Microeconomics I |
KAWAKAMI, Atsushi |
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【Department of Contemporary Business】
15-1-1110-3809-25A |
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Course Description |
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The main purpose of this course is to understand fundamentals of micro economics. We open this course for beginners of economics.
The course focuses three issues:
1. Amount of demand and supply is adjusted by their price in perfect competitive market.
2. Price adjustment is efficient function for consumers and firms.
3. But price adjustment function does not often work in real market.
We use diagrams, illustrations for visceral understanding and few mathematics for theoretical understanding. For students who does not have enough knowledge of mathematics, I explain mathematics in detail.
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