G6215211 International Economic Policy 1

Hiroshima University Syllabus

Japanese

Academic Year 2024Year School/Graduate School School of Economics Economics Day Course

Lecture Code G6215211 Subject Classification Specialized Education

Subject Name 国際経済政策論１

Subject Name
（Katakana）コクサイケイザイセイサクロン１

Subject Name in
English International Economic Policy 1

Instructor YAMADA DAICHI

Instructor
(Katakana) ヤマダ　ダイチ

Campus Higashi-Hiroshima Semester/Term 3rd-Year, Second Semester, 4Term

Days, Periods, and Classrooms (4T) Tues1-4：ECON B255

Lesson Style Lecture Lesson Style
(More Details) 　

Lecture

Credits 2.0 Class Hours/Week 　 Language of Instruction J : Japanese

Course Level 3 : Undergraduate High-Intermediate

Course Area（Area） 24 : Social Sciences

Course Area（Discipline） 03 : Economics

Eligible Students Third year students

Keywords Strategic trade policy, tariff policy, environmental economics, international environmental agreement, SDGs

Special Subject for Teacher Education 　 Special Subject 　

Class Status
within Educational
Program
(Applicable only to targeted subjects for undergraduate students)
Criterion referenced
Evaluation
(Applicable only to targeted subjects for undergraduate students) Economic Analysis
（Abilities and Skills）
・The ability to analyze and examine political issues applying knowledge on economic policy, international economics and economic matters and so on.

Class Objectives
/Class Outline We study the effects of international trade and tariff policies on domestic and global economy and society (first half) and how international agreements such as free trade and environmental protection are formed (second half), based on economic theories. The objective is to understand how economic theories are applied to the real problems in the globalized society. Unlike International Economics I in which we assume perfect competition, this class mainly focus on the situations in which the behaviors of individual actors are strategically dependent.

Class Schedule lesson1: Orientation
lesson2: Trade and trade policy under perfect competition I
lesson3: Trade and trade policy under perfect competition II
lesson4: Oligopolistic market and game theory
lesson5: Cournot competition and international trade
lesson6: Cournot competition and strategic subsidy policy
lesson7: Cournot competition and strategic tariff policy
lesson8: Bertrand competition and strategic subsidy policy
lesson9: Bertrand competition and strategic tariff policy
lesson10: Tariff war, free-trade agreement and repeated games I
lesson11: Tariff war, free-trade agreement and repeated games II
lesson12: Environmental pollution and externality
lesson13: Global warming, international environmental agreement and repeated games
lesson14: Emissions trading
lesson15: Conclusion

Quizzes will be assigned several times. Final exam will be held in the exam period.

Text/Reference
Books,etc. Text
Not specifically assigned
Reference books
大川昌幸『コア・テキスト　国際経済学　第２版』新世社、2015年
柳川範之『戦略的貿易政策』有斐閣、1998年
岡田章『国際関係から学ぶゲーム理論―国際協力を実現するために』有斐閣、2020年
ニック・ハンレー、ジェイソン・ジョグレン、ベン・ホワイト『環境経済学入門』昭和堂、2021年

PC or AV used in
Class,etc. 　

(More Details)

Learning techniques to be incorporated 　

Suggestions on
Preparation and
Review 1: Review the reasons of international cooperation and conflicts
2: Small economy and large economy
3: The effects of tariffs and subsidies under perfect competition
4: Derivation of a Nash equilibrium
5: Derivation of a Cournot equilibrium and its application to international trades
6: Effects of subsidy policy under Cournot competition
7: Effects of tariff policy under Cournot competition
8: Strategic substitutes and complements
9: Effects of trade policies under Bertrand competition
10: Prisoners’ dilemma in tariff war
11: Application of Folk theorem to international agreements
12: Externality, particularly that in environmental problems
13: Importance and difficulty of international environmental agreements
14: Review the mechanism and problems of emissions trading and international cooperation
15: Review the course

Understanding of logic flows and examples and solving problems: all of them are fundamental for deeper learning.

Requirements This is not compulsory, but it is preferable that a participating student has taken International Economics I.

Grading Method Quizzes and/or reports (approx. 30%), final exam (approx. 70%).
The grading method may be changed in case the course format is changed, such as shifting to online or hybrid lectures due to COVID or other reasons.

Practical Experience

Summary of Practical Experience and Class Contents based on it

Message Bring notebooks and PC (exercises will be assigned during the lecture, and the handout will be distributed online).

Other

Please fill in the class improvement questionnaire which is carried out on all classes.
Instructors will reflect on your feedback and utilize the information for improving their teaching.

Academic Year	2024Year	School/Graduate School	School of Economics Economics Day Course
Lecture Code	G6215211	Subject Classification	Specialized Education
Subject Name	国際経済政策論１
Subject Name （Katakana）	コクサイケイザイセイサクロン１
Subject Name in English	International Economic Policy 1
Instructor	YAMADA DAICHI
Instructor (Katakana)	ヤマダ　ダイチ
Campus	Higashi-Hiroshima	Semester/Term	3rd-Year, Second Semester, 4Term
Days, Periods, and Classrooms	(4T) Tues1-4：ECON B255
Lesson Style	Lecture	Lesson Style (More Details)
Lecture
Credits	2.0	Class Hours/Week		Language of Instruction	J : Japanese
Course Level	3 : Undergraduate High-Intermediate
Course Area（Area）	24 : Social Sciences
Course Area（Discipline）	03 : Economics
Eligible Students	Third year students
Keywords	Strategic trade policy, tariff policy, environmental economics, international environmental agreement, SDGs
Special Subject for Teacher Education		Special Subject
Class Status within Educational Program (Applicable only to targeted subjects for undergraduate students)
Criterion referenced Evaluation (Applicable only to targeted subjects for undergraduate students)	Economic Analysis （Abilities and Skills）・The ability to analyze and examine political issues applying knowledge on economic policy, international economics and economic matters and so on.
Class Objectives /Class Outline	We study the effects of international trade and tariff policies on domestic and global economy and society (first half) and how international agreements such as free trade and environmental protection are formed (second half), based on economic theories. The objective is to understand how economic theories are applied to the real problems in the globalized society. Unlike International Economics I in which we assume perfect competition, this class mainly focus on the situations in which the behaviors of individual actors are strategically dependent.
Class Schedule	lesson1: Orientation lesson2: Trade and trade policy under perfect competition I lesson3: Trade and trade policy under perfect competition II lesson4: Oligopolistic market and game theory lesson5: Cournot competition and international trade lesson6: Cournot competition and strategic subsidy policy lesson7: Cournot competition and strategic tariff policy lesson8: Bertrand competition and strategic subsidy policy lesson9: Bertrand competition and strategic tariff policy lesson10: Tariff war, free-trade agreement and repeated games I lesson11: Tariff war, free-trade agreement and repeated games II lesson12: Environmental pollution and externality lesson13: Global warming, international environmental agreement and repeated games lesson14: Emissions trading lesson15: Conclusion Quizzes will be assigned several times. Final exam will be held in the exam period.
Text/Reference Books,etc.	Text Not specifically assigned Reference books 大川昌幸『コア・テキスト　国際経済学　第２版』新世社、2015年柳川範之『戦略的貿易政策』有斐閣、1998年岡田章『国際関係から学ぶゲーム理論―国際協力を実現するために』有斐閣、2020年ニック・ハンレー、ジェイソン・ジョグレン、ベン・ホワイト『環境経済学入門』昭和堂、2021年
PC or AV used in Class,etc.
(More Details)
Learning techniques to be incorporated
Suggestions on Preparation and Review	1: Review the reasons of international cooperation and conflicts 2: Small economy and large economy 3: The effects of tariffs and subsidies under perfect competition 4: Derivation of a Nash equilibrium 5: Derivation of a Cournot equilibrium and its application to international trades 6: Effects of subsidy policy under Cournot competition 7: Effects of tariff policy under Cournot competition 8: Strategic substitutes and complements 9: Effects of trade policies under Bertrand competition 10: Prisoners’ dilemma in tariff war 11: Application of Folk theorem to international agreements 12: Externality, particularly that in environmental problems 13: Importance and difficulty of international environmental agreements 14: Review the mechanism and problems of emissions trading and international cooperation 15: Review the course Understanding of logic flows and examples and solving problems: all of them are fundamental for deeper learning.
Requirements	This is not compulsory, but it is preferable that a participating student has taken International Economics I.
Grading Method	Quizzes and/or reports (approx. 30%), final exam (approx. 70%). The grading method may be changed in case the course format is changed, such as shifting to online or hybrid lectures due to COVID or other reasons.
Practical Experience
Summary of Practical Experience and Class Contents based on it
Message	Bring notebooks and PC (exercises will be assigned during the lecture, and the handout will be distributed online).
Other
Please fill in the class improvement questionnaire which is carried out on all classes. Instructors will reflect on your feedback and utilize the information for improving their teaching.

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