| Academic Year |
2026Year |
School/Graduate School |
Graduate School of Humanities and Social Sciences (Master's Course) Division of Humanities and Social Sciences Economics Program |
| Lecture Code |
WMEB2200 |
Subject Classification |
Specialized Education |
| Subject Name |
マクロ経済分析 |
Subject Name
（Katakana） |
マクロケイザイブンセキ |
Subject Name in
English |
Macroeconomic Analysis |
| Instructor |
MIYAZAKI KOICHI |
Instructor
(Katakana) |
ミヤザキ コウイチ |
| Campus |
Higashi-Hiroshima |
Semester/Term |
1st-Year, Second Semester, 3Term |
| Days, Periods, and Classrooms |
(3T) Tues1-4：ECON A206 |
| Lesson Style |
Lecture |
Lesson Style
(More Details) |
Face-to-face |
| Lecture |
| Credits |
2.0 |
Class Hours/Week |
4 |
Language of Instruction |
E
:
English |
| Course Level |
5
:
Graduate Basic
|
| Course Area（Area） |
24
:
Social Sciences |
| Course Area（Discipline） |
03
:
Economics |
| Eligible Students |
First and second year student |
| Keywords |
Optimization, General equilibrium model, Dynamic model, Labor search model |
| 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) | |
|---|
Class Objectives
/Class Outline |
In the first half of this course, we will examine the properties of static general equilibrium before moving on to dynamic models. We will study the simplest dynamic framework—the two-period model—and learn methods for analyzing dynamic economic models. We will also cover the Fundamental Theorems of Welfare Economics under complete markets.
In the second half, we will explore various reasons why the assumption of complete markets may break down. |
| Class Schedule |
Lesson 1：Guidance
Lesson 2：Behavior of the representative consumer and the representative firm
Lesson 3：Introduction of a one-period production economy
Lesson 4：Competitive equilibrium in a one-period production economy
Lesson 5：Competitive equilibrium and Pareto efficient allocations in a one-period production economy
Lesson 6：The consumptions-savings decision and credit markets in a two-period model
Lesson 7：Competitive equilibrium in a two-period model and Ricardian equivalence theorem
Lesson 8：Decentralized Trade I: Search Models in the Labor Market (1)
Lesson 9：Decentralized Trade I: Search Models in the Labor Market (2)
Lesson 10：Decentralized Trade II: Search Models of Money (1)
Lesson 11：Decentralized Trade II: Search Models of Money (2)
Lesson 12：Problems of Asymmetric Information in Credit Markets
Lesson 13：Commitment Problems in Credit Markets
Lesson 14：Monopolistic Competition
Lesson 15：Summary of the course
A problem set will be assigned regularly.
This schedule is always subject to change. |
Text/Reference
Books,etc. |
A textbook and references will be announced in the first class. |
PC or AV used in
Class,etc. |
Handouts, Microsoft Teams, moodle |
| (More Details) |
|
| Learning techniques to be incorporated |
|
Suggestions on
Preparation and
Review |
Each class relates to each other. Hence, resolving what you do not understand in the class before the next class is a good strategy for the success in this course. |
| Requirements |
None. |
| Grading Method |
Based on your performance of problem sets (50%) and in class (50%), a grade will be given. |
| Practical Experience |
|
| Summary of Practical Experience and Class Contents based on it |
|
| Message |
|
| 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. |