Course Description

In this course, we’ll study variety of post war global economic events which made a great impact on world and on Japanese economy. It includes (a) worldwide tendency toward a big-government after the Great Depression in 1930s such as the New deal of the US, (b) the world economic control system or the Bretton Woods system which governed world free-market economy until 1970s, (c) decline of the US economy as a result of the cold war, (d) the Nixon shock and two Oil shocks which changed world economic policy preference to small-government, (e) the history of world oil industry, (f) Japanese economic structural changes in 1980s.