Course Description

To deepen the understandings of Japanese Economy, we study the modern history of Japanese Economy after the end of world warⅡand investigate the problem of so-called “the lost two decades” or “Japan Problem” by using the basic macro- economic theory. So,in the course of Introduction to Japanese economy Ⅰ, we study how to measure the size and attributes of Japanese Economy, the era of reconstruction, high economic growth era, the oil-shock and the end of high economic growth era, the Great Bubble, the economic policy of P.M. Hasimoto and the beginnings of deflation spiral i.e. “Japan Problem”, the efforts of P.M. Koizumi to reform Japanese Economy and the latest development of economic policy i.e. so-called “Abenomics”and the revitalization of Japanese Economy.