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2023 Faculty Courses Liberal arts and basic science courses Humanities and social science courses

Economics A

Academic unit or major
Humanities and social science courses
Instructor(s)
Kei Ehara
Class Format
Lecture (Face-to-face)
Media-enhanced courses
-
Day of week/Period
(Classrooms)
5-6 Mon (W8E-101)
Class
-
Course Code
LAH.S109
Number of credits
100
Course offered
2023
Offered quarter
4Q
Syllabus updated
Jul 8, 2025
Language
Japanese

Syllabus

Course overview and goals

This course focuses on the history of economics. It is not possible nor desirable to cover the whole trajectory of economics, which has many variations in itself. Students will first learn the formation and development of classical political economy, in which all kinds of economics today originate. Then we shall deal with the formation and development of Marxian economics.
The aim of the course is to comprehend why economics has many variants as a social science, in contrast with natural sciences such as physics. It reflects the diversification of society itself.







Course description and aims

1) Learn the genealogy of political economy and economics
2) Cultivate critical thinking to systematically understand modern economy and society


Keywords

Capitalism, Mercantilism, Physiocracy, Classical Political Economy, Marx

Competencies

  • Specialist skills
  • Intercultural skills
  • Communication skills
  • Critical thinking skills
  • Practical and/or problem-solving skills

Class flow

Lectures based on course materials. Students are required to give comments on each lecture. Quenstions and comments will be taken up in the course.

Course schedule/Objectives

Course schedule Objectives
Class 1 Introduction Overview of the course. Introduction of textbook
Class 2 Mercantilism and Physiocracy Chs. 1,2 of textbook
Class 3 Classical Political Economy (1): A. Smith Sects. 1,2 of Ch. 3 of textbook
Class 4 Classical Political Economy (2): D. Ricardo Sects. 3,4 of Ch. 3 of textbook
Class 5 Theory of Capitalism of K. Marx Sects. 1,2 of Ch. 6 of textbook
Class 6 German Historical School and Institutional Economics Ch. 4 of textbook
Class 7 Conclusion, Exam The future of economics, exam

Study advice (preparation and review)

To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.

Textbook(s)

Makoto Itoh, Learning from Economics, Heibonsha, 2015 (Japanese)

Reference books, course materials, etc.

TBA

Evaluation methods and criteria

Comments (30%), Exam (70%)

Related courses

  • LAH.S209 : Economics B
  • LAH.S310 : Economics C
  • LAH.S407 : Essence of Humanities and Social Sciences7:Economics

Prerequisites

High-level Japanese literacy

Contact information (e-mail and phone) Notice : Please replace from ”[at]” to ”@”(half-width character).

ehara.k.ac [at] m.titech.ac.jp