In the past, Japan has been considered a wealthy country in terms of GDP per capita and household savings, as well as the world’s top net foreign asset holder with a current account surplus, backed by its highly productive manufacturing industry. In recent years, however, the country’s potential growth rate has declined due to having the fastest-declining birthrate and aging population among developed countries, and its relationship with prolonged deflation is also a matter of concern. To overcome this deflation, unprecedentedly bold monetary easing has been pursued, and its direct and side effects are coming under scrutiny. Indeed, companies and governments are being asked to analyze and answer the question of whether wage increases can keep pace with rising prices and promote economic growth, and whether it is possible to redeem the largest government debt in the industrialized world when nominal interest rates rise.
The role of economics is to analyze and solve such economic problems by assuming economically rational economic agents (firms and households) and analyzing their factors and trends. Reexamination of that assumption of rationality is also a subject of advanced research. For example, microeconomics considers the functions and limitations of market mechanisms and analyzes market competition, the strategies of firms, and the nature of government policy. Macroeconomics, on the other hand, considers the causes of economic growth and business cycles, and the methods and effects of monetary and fiscal policy responses. Econometrics, meanwhile, is an analytical method that links these theories to economic forecasting by demonstrating them with real-world data. This understanding can be applied to policy formulation and development of strategies based on accurate economic analysis, whether in business or government.
In the Master’s Program, students learn systematized economic theories and analytical methods that will prove useful for economic analysis, forecasting, consulting, asset management, and fund-raising at research institutes, financial institutions, think tanks, and government departments in Japan and abroad. In the Doctoral Program, we actively support students in their quest to obtain a doctoral degree in three years through fostering independent researchers who can be active in academic research institutions.
*Only Master’s degree programs are eligible for a teacher’s license. If you wish to obtain a teacher’s license, a Type 1 license should already have been obtained, or the requirements for obtaining a Type 1 license should have been fulfilled in advance for the subjects you wish to be licensed in. Otherwise, it is not possible.
Students learn microeconomics, macroeconomics, and econometrics, and the common foundation of modern economics, as required courses (core courses) starting in the spring semester of their first year. Based on this theoretical system, students develop more advanced and specialized knowledge in applied economics courses that they can select according to their own research interests.
To complete a master’s thesis that takes recent research trends into account, students must take a thesis seminar where they receive small-group, interactive guidance from their advisors. Students are provided with the latest expertise in advanced analytical methods and data for each research topic, and also develop presentation skills through seminars.
Applicants for the Master’s Program entrance examination may be, exempted from the written examinations on specialized subjects based on their evaluation in the Japan Economics Educational Association’s ERE (Economics Examination). We aim to be a graduate school of choice by emphasizing an understanding of standard economics in academia and ensuring that there is no mismatch between the applicant’s knowledge and the content of the written exam.
The Master’s Program in Economics sets standards for the skills and knowledge students should acquire before graduation as described below: Those who fulfill the graduation requirements and pass their thesis defense shall be deemed to have acquired these qualities and will be awarded a diploma.
The Doctoral Program in Psychology sets standards for the skills and knowledge students should acquire before graduation as described below: Those who fulfill the graduation requirements and pass their dissertation defense shall be deemed to have acquired these qualities and will be awarded a diploma.
In accordance with the diploma policy, with an aim to have first-year students acquire economic theory and analytical methods through coursework and have second-year students decide on a theme and write a thesis based on advice provided by the Advisor/Examiner Group, the Master’s Program in Economics constructs its curriculum with courses aligned to the following purposes
With an aim to achieve the diploma policy, the Doctoral Program in Economics seeks to have students acquire sophisticated economic theories and analytical methods, receive guidance in writing their dissertations in Research Guidance and pursue higher levels of perfection by presenting their research at seminars held at the university:
The Master’s Program in Economics seeks students with the following qualities:
The Doctoral Program in Economics seeks students with the following qualities:
Ken AOKI Professor
Kohei KAMAGA Professor
Satoshi KAWANISHI Professor
Masamitsu KURATA Professor
Aiko KURUSHIMA Professor
Hiroki KONDO Professor
Takahisa DEJIMA Professor
Sayaka NAKAMURA Professor
Yuki HIGUCHI Professor
Tetsuya HORIE Professor
Naoaki MINAMIHASHI Professor
Morihiro YOMOGIDA Professor
Matthias SCHLEGL Associate Professor
Asuka TAKEUCHI Associate Professor
Toru NAKAZATO Associate Professor
Samuel LEYTON Assistant Professor
Masaki TAKAHASHI Assistant Professor by Special Appointment
Akira NAGAE Assistant Professor by Special Appointment
Yosuke HASHIDATE Assistant Professor by Special Appointment
Yifan PENG Assistant Professor by Special Appointment
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Graduate School of Economics
Master’s (Doctoral) Program in Economics