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Curriculum

Undergraduate Curriculum

Teaching motivated students how to think using economics

Our goal is to turn out leaders that thrive in a world with increasing uncertainty and diversity. Towards this end, our curriculum is designed to give students both knowledge and the ability to think logically.

Studying Economics at Keio University

Two different paths to start learning economics

Students at the faculty of economics spend their first and second years at our Hiyoshi campus, where they learn liberal arts and the basics of economics. The curriculum at Hiyoshi involves two distinct paths: Type A (deductive, with focus on economic theory and mathematics) and Type B (inductive, with focus on contemporary and historical economic evidence). Both prepare students for the more specialised and advanced study in their third and fourth years at our Mita campus.

There are three reasons for this separation into Type A and Type B during the first two years of study. First, both the deductive and inductive approaches are essential in learning to think logically using economics. Second, this separation allows students to start their learning in an approach most familiar to them, increasing the students’ motivation and productivity. Third, students from both types of curriculum go on to attend classes at Mita with deductive as well as inductive orientations, which creates a synergy.

Students thus spend four years learning both the deductive and inductive methods with varying emphasis on the two, to graduate with the comprehensive skill to think logically using economics.

Type A and Type B at the Hiyoshi campus

The Type A and Type B curricula at Hiyoshi correspond to the different entrance examinations. Students who passed the entrance examination including mathematics as one of the subjects go on to learn in the Type A curriculum. Students who passed the entrance examination including Japanese history or world history, as well as the entrance examination for PEARL, go on to lean in the Type B curriculum. PEARL is an all-English programme.

Type A and Type B at the Hiyoshi campus

Convergence of learning at Mita

Students at the faculty of economics spend their third and fourth years at our Mita campus, where the two paths of learning in the first two years converge. At Mita, students learn in the same one curriculum, while choosing their subjects of interest among diverse fields of economics.

Overview of the entire curriculum

Hiyoshi campus (the first and second years)

Year 1 2

Curriculum Flow

Courses in Liberal Arts, Foreign Language and Introductory Economics

Advanced Economics classes in addition to the courses for the first year

Liberal Arts

I: Natural Sciences/Mathmatics, II: Humanities/Social Sciences, III: Interdisciplinary Subjects

Language

Language I

Study Skills

 

English Seminar

Language II

German, French, Chinese, Spanish, Japanese (Open to non-native Japanese speakers only.)

Language III

 

German, French, Chinese, Spanish, Russian, Korean, Italian

Physical Education

Available for four years (free elective)

Foundation

Type A

Required

CALCULUS; LINEAR ALGEBRA ; STATISTICS

 

Elective

INTRODUCTION TO THE JAPANESE ECONOMY; HISTORICAL PERSPECTIVES IN ECONOMIC ANALYSIS; INTRODUCTION TO CALCULUS; ADVANCED LINEAR ALGEBRA; INFORMATION PROCESSING

Type B

Required

INTRODUCTION TO THE JAPANESE ECONOMY; HISTORICAL PERSPECTIVES IN ECONOMIC ANALYSIS; STATISTICS

 

Elective

INTRODUCTION TO MATHEMATICS; INTRODUCTION TO CALCULUS; CALCULUS; LINEAR ALGEBRA; ADVANCED LINEAR ALGEBRA; INFORMATION PROCESSING

Major Subjects

Introductory
Courses

Type A
Required

ELEMENTARY MACROECONOMICS

ELEMENTARY MICROECONOMICS; INTRODUCTION TO ECONOMIC HISTORY

Type B
Required

ELEMENTARY MACROECONOMICS

INTRODUCTION TO MICROECONOMICS; ELEMENTARY ECONOMIC HISTORY

Mandatory
Elective

 

ECONOMICS AND ENVIRONMENT; INTRODUCTION TO THE HISTORY OF ECONOMIC THOUGHT; INTRODUCTION TO ECONOMETRICS; MARXIAN ECONOMICS; MATHEMATICS FOR ECONOMICS; CONTEMPORARY SOCIAL ISSUES

Advanced
Courses

Elective

 

BOOKKEEPING; INTRODUCTION TO PROBABILITY THEORY; INTRODUCTION TO MATHEMATICAL ANALYSIS (Elective)

(1 April, 2015)

Type A (focus on economic theory and mathematics)

Linear algebra and Calculus are mandatory for Type A students in their first year. The Type A curriculum puts emphasis on the deductive method and on learning essential mathematical tools for economic analysis. Students in both curriculum types learn macroeconomics and statistics, but Type A students learn more microeconomics.

Type B (focus on contemporary and historical economic evidence)

Introduction to the Japanese Economy and Historical Perspectives in Economic Analysis are mandatory for Type B students in their first year. The Type B curriculum puts emphasis on the inductive method and on learning economic history. Type B students can and are encouraged to take courses in mathematics that suit their own levels, though such courses are not mandatory.

Both types of curricula to build foundations for comprehensive studies

The two distinct curricula in the first and second years of study are both designed to help students acquire the fundamentals necessary for learning comprehensive skills of economic analysis during the third and fourth years.

Mita campus (the third and fourth years)

Year 3 4

Curriculum Flow

Advanced Level Economics and a Graduation Thesis and/or Research Paper

Liberal Arts

I: Natural Sciences/Mathmatics, II: Humanities/Social Sciences, III: Interdisciplinary Subjects

Language

ENGLISH

German, French, Chinese, Spanish, Russian

Physical Education

Available for four years (free elective)

Major Subjects

Core
Courses

Classes offered in the follwoing subject fields.
A) Economic Theory; B) Econometrics and Statistics;
C) History of Economic Thought; D) Economic History;
E) Labor and Industrial Economics; F) Economic Policy and Public Finance;
G) Modern Economic Systems; H) International Economics;
I) Environmental and Urban Economics; and J) Economy and Society
→See [1] List of Core Courses

Advanced
Courses

Elective

Students choose from the courses including Research Seminar, Professional Career Programme(PCP), Independent Research Project. (Elective)
→See [2] List of Advanced Courses

Related
Courses

Elective

CIVIL LAW; COMMERCIAL LAW; LABOR LAW; TAXATION : CORPORATE TRANSACTIONS; ACCOUNTING; SCIENCE OF BUSINESS ADMINISTRATION
*Courses offered by other faculties are included. (Elective)

(1 April, 2015)

The "Major Subjects" are taught to students in their third and fourth years of study at the faculty of economics, on the assumption that they acquired sufficient basic knowledge in their first and second years. At the faculty of economics, all students must choose three or more out of the ten fields of study, and register for classes within these fields. These ten fields are; Economic Theory; Econometrics and Statistics; History of Economic Thought; Economic History; Labor and Industrial Economics; Economic Policy and Public Finance; Modern Economic Systems; International Economics; Environmental and Urban Economics; and Economy and Society.

Core Courses

Core Courses

Areas

Courses

A Economic Theory

INTERMEDIATE MICROECONOMICS; INTERMEDIATE MACROECONOMICS; THEORY OF MONOPOLY CAPITALISM

B Econometrics and Statistics

ECONOMETRICS; PROBABILITY AND STATISTICS;
ADVANCED ECONOMETRICS; INTRODUCTION TO SOCIAL SCIENCE METHODS; ECONOMIC STATISTICS

C History of Economic Thought

HISTORY OF ECONOMIC THOUGHT;
HISTORY OF SOCIAL THOUGHT; SOCIAL THOUGHT

D Economic History

ECONOMIC HISTORY OF JAPAN;
ECONOMIC HISTORY OF EUROPE AND NORTH AMERICA;
ECONOMIC HISTORY OF ASIA

E Labor and Industrial Economics

INDUSTRIAL ECONOMICS; LABOR ECONOMICS;
AGRICULTURAL ECONOMICS; SOCIAL POLICY;
INDUSTRIAL ORGANIZATION

F Economic Policy and Public Finance

ECONOMIC POLICY; JAPAN’S ECONOMIC SYSTEM;
PUBLIC FINANCE; MONEY, BANKING, AND FINANCE;
ECONOMICS OF REGULATORY REFORM

G Modern Economic Systems

CONTEMPORARY JAPANESE ECONOMY; COMPARATIVE ECONOMIC SYSTEMS; DEVELOPMENT OF JAPANESE CAPITALISM; MODERN CAPITALISM

H International Economics

INTERNATIONAL TRADE; INTERNATIONAL FINANCE;
ECONOMIC DEVELOPMENT; ECONOMY AND ENVIRONMENTAL LAW;
UNDERSTANDING GLOBAL ENVIRONMENTAL PROBLEMS

I Environmental and Urban Economics

ECONOMIC GEOGRAPHY; ENVIRONMENTAL ECONOMICS;
URBAN ECONOMICS

J Economy and Society

DEMOGRAPHY; THEORY OF INDUSTRIAL SOCIETY; SOCIAL HISTORY

(1 April, 2015)

Note: Some courses might not be offered.

The "Core Courses" are advanced level lectures that students take in accordance with their goals and interests, based on their past study of "General Education Subjects” and "Major Subjects". Courses offered may vary from year to year, but many of them are on topics that the closest to the professors’ specialisation. Students who take these classes will be able to learn the latest and highest level findings on that subject.

Advanced Courses

Advanced Courses

BOOKKEEPING

INTRODUCTION TO PROBABILITY THEORY

INTRODUCTION TO MATHEMATICAL ANALYSIS

GAME THEORY

MATHEMATICAL ANALYSIS

PUBLIC ECONOMICS

MATHEMATICAL ECONOMICS

TOPICS IN MATHEMATICAL ECONOMICS (DIFFERENTIAL EQUATIONS)

TOPICS IN MATHEMATICAL ECONOMICS (PROBABILITY)

ALGEBRA

FLOW OF FUNDS ANALYSIS

TIME SERIES ANALYSIS

BAYESIAN STATISTICS

HISTORY OF JAPANESE ECONOMIC THOUGHT

ECONOMIC STUDIES IN KEIO UNIVERSITY: FROM FUKUZAWA TO THE MODERNS

HISTORY OF GAME THEORY

MODERN JAPAN AND EAST ASIA

ECONOMIC HISTORY

ECONOMICS OF FAMILY AND EDUCATION

TOPICS IN SOCIAL WELFARE

TOWARDS THE RESTRUCTURING OF WELFARE SOCIETY

MICROECONOMICS OF ECONOMIC POLICY

INTRODUCTION TO FINANCE

PUBLIC POLICY

PUBLIC CHOICE

TOPICS IN NONPROFIT ORGANIZATIONS

ECONOMICS OF INEQUALITY AND ECONOMIC COOPERATION

TOPICS IN MICROFINANCE

THE STRUCTURE OF GLOBAL FINANCIAL CRISES

WORLD ECONOMY

EU-JAPAN ECONOMIC RELATIONS

INTERNATIONAL ECONOMY AND BEHAVIORAL ECONOMICS

FOREIGN TRADE POLICY

ECONOMICS OF WASTE AND POLLUTION

ECONOMIC HISTORY OF ENERGY SUPPLIES AND THE ENVIRONMENT

REGIONAL ECONOMICS

SOCIAL HISTORY OF ASIA

LOCAL GOVERNMENT FINANCE

SOCIAL HISTORY OF FRENCH COLONISATION

WAR AND SOCIETY

SOCIAL THEORY OF FISCAL SCIENCE

SOCIAL HISTORY OF JAPAN

READINGS IN THE HISTORY OF JAPAN

TOPICS IN FINANCIAL MARKETS

TOPICS IN FINANCIAL SERVICES

CORPORATE FINANCE

INTRODUCTION TO LIFE INSURANCE

TOPICS IN LIFE INSURANCE MATHEMATICS

READING COURSE IN FOREIGN LANGUAGES

SEMINAR IN SPECIAL TOPICS

RESEARCH SEMINAR (THESIS)

INDEPENDENT RESEARCH PROJECT

PCP

MICROECONOMICS

MACROECONOMICS

EU COMPETITION LAW

INTERNATIONAL LAW AND ECONOMY

INTRODUCTION TO FINANCE

ADVANCED FINANCE

APPLIED FINANCE

JAPANESE FINANCIAL MARKETS AND INSTITUTIONS

PUBLIC FINANCE

THE JAPANESE ECONOMY FROM AN INTERNATIONAL PERSPECTIVE

INTERNATIONAL TRADE

OPEN ECONOMY MACROECONOMICS

ENVIRONMENTAL ECONOMIC THEORY

ENVIRONMENTAL ECONOMIC POLICY

MONETARY AND FISCAL POLICY

THE KOREAN ECONOMY

THEORY AND PRACTICE OF BUSINESS AND MARKETING

APPLIED ECONOMETRICS

READING AND COMPOSITION

FINANCE, POLICY AND THE GLOBAL ECONOMY

INDEPENDENT STUDY

PRESENTATION AND DISCUSSION SKILLS

ACADEMIC WRITING

CRITICAL THINKING SKILLS

(1 April, 2015)

Note: Some courses might not be offered.

The "Advanced Courses" include small-sized classes for specialized study. Students can choose form three frameworks: Research Seminar, PCP (Professional Career Programme), and Independent Research Project. This is arguably the most prominent characteristic of the curriculum at Keio’s faculty of economics.

Research Seminar

The "Research Seminar" is a small-sized class where students learn with one Professor for two years (in principle). They acquire advanced knowledge in the field of the professor’s specialisation, conduct research together and write their graduation thesis.

For more information, check:

PCP (Professional Career Programme)

PCP provides students with practical economic education which is helpful for career development in the future. The programme is conducted entirely in English, including lectures, questions and answers, examinations, and communication with the Co-ordinators.

For more information, check:

Independent Research Project

In the Independent Research Project, students who develop a strong interest in a topic even outside of economics can carry out research under the tutelage of a professor in the Faculty of Economics (Hiyoshi and Mita) who specializes in that field. Students produce a research paper similar in length and scope to a graduation thesis, but in one year. The topic of research covers a wide range, including humanities such as art and literature, social sciences, and natural sciences, and the paper can be in English. In some cases, students can submit products of their creation for evaluation for this class.

Registration Guides (Faculty of Economics) are available on the following pages:

To find a syllabus, check:

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