Course Description 2017-2018

Each class has a practical and applied orientation, and relies heavily on Japanese examples and case studies. All courses are conducted in English and taught in the Graduate School of Business and Commerce. The course summaries can be viewed by clicking on the course title below, though detailed syllabi and reading lists will be normally handed out in the first meeting of each class.
* Course offerings may change in the AY 2018-2019.

Required courses(1st year)

Spring Semester Fall Semester
Business Economics I Business Economics II
Japanese Economy International Tax Law
Domestic Tax Law International Economy
Advanced Study of Public Finance (Spring)
*For further details, please see below.
Advanced Study of Public Finance (Fall)
*For further details, please see below.
Seminar Public Finance (Spring)
*For further details, please see below.
Seminar Public Finance (Fall)
*For further details, please see below.
  Accounting
Basic Japanese I (non-credit)   Basic Japanese II (non-credit)

Advanced Study of Public Finance (Spring)

(Spring; Year 1 and 2)

To provide a basic framework of public finance at the macroeconomic level, starting from fiscal and monetary policy in standard macroeconomics, public debt in a growing economy, cost-benefit analysis, public goods, international debt and international tax issues.

Textbooks:
Lecture note is provided on website. (http://www.ier.hit-u.ac.jp/~kitamura/)

Jean Hindriks and Gareth D. Myles,Intermediate Public Economics, The MIT Press
Joseph E. Stiglitz,Economics of the Public Sector, W. W. Norton

A.L.Hillman, PublicFinance and Public Policy, Cambridge University Press

Covered Topics:
Chapter Lecture Notes
Table of Contents PDF (17KB)
1. Monetary and Fiscal Policy PDF (411KB)
2. Structure of the Budgetary Process PDF (266KB)
3. Revenue Forecasting PDF (203KB)
4. Public Debt PDF (529KB)
5. Cost-Benefit Analysis PDF (283KB)
6. Public Goods and Bads PDF (325KB)
7. Local Public Finance PDF (403KB)
8. Finance and Development PDF (293KB)
9. International Issues in Public Finance PDF (298KB)
10. Social Security PDF (214KB)

Advanced Study of Public Finance (Fall)

(Fall; Year 1 and 2)

To provide a basic framework of public finance at the microeconomic level, starting from a general theory of taxation on commodities income and corporate profits and then extending issues of tax evasion and compliance and tax reform.

Textbooks:
Lecture note is provided on website. (http://www.ier.hit-u.ac.jp/~kitamura/)

Jean Hindriks and Gareth D. Myles,Intermediate Public Economics, The MIT Press.
Joseph E. Stiglitz, Economics of the Public Sector, W. W. Norton.

A.B. Atkinson and J.E.Stiglitz,Lectures on Public Economics, McGraw-Hill

B. Salanié,The Economics of Taxation, The MIT Press.

Covered Topics:
Chapter Lecture Notes
Table of Contents PDF (17KB)
1. A Framework of Taxation PDF (402KB)
2. Consumption Tax PDF (691KB)
3. Individual Income Taxation PDF (557KB)
4. Corporate Taxation PDF (527KB)
5. Capital Income Taxation PDF (262KB)
6. Inheritance and Gift Taxation PDF (332KB)
7. Tax Compliance and Evasion PDF (407KB)
8. Tax Reform PDF (344KB)
Appendix. Theoretical Background of Public Finance PDF (347KB)

Seminar: Public Finance (Spring/Fall)

(Spring/Fall; Year 1 and 2)

To write, at least, one research paper on the topics related to public finance as a term paper or a part of Master's thesis. The research paper must be clearly written (precise, crispy) and may not be too long (approximately 20 pages).

Teaching Method:
Presentation of assigned papers/chapters of a book and discussion after presentation. Once each participant's research topic is selected, participant's own paper in progress is to be presented and discussed by me and other participants.

Possible Research Topics:
The topic must be narrowly focused and well defined. The core idea must be something new and have some policy relevance.
Guidelines in Writing a Research PaperPDF(33KB)

Framework of Country Report (36KB)

  • Fiscal Policy in the Process of Economic Development
    Provision of and effectiveness of social capital and infrastructure
  • Consumption Tax versus Income Tax
    Means of raising revenue from taxation
  • Economics of Tax Evasion
    How widely tax evasion prevails? What mechanism to prevent it?
  • Debt Management Policy or Measurement of Public Deficits and its Implications
    What determines optimal debt management? How harmful public deficits in the conduct of fiscal policy?
  • Social Security and Public Pension Design
    Intergenerational transfers and generational accounting
  • Provision of Public Goods and Externalities
    Must transportation, housing, telecommunication, TV network, among others be provided publicly?
  • Others

Textbooks:
Various academic papers.

Required courses(1st and 2nd year)

Spring Semester Fall Semester

Seminar Advanced Study of Taxation and Economic Policies (Spring)

Seminar Advanced Study of Taxation and Economic Policies (Fall)

Seminar Advanced Study of Tax Administration (Spring)     

Required courses(1st or 2nd year)

Spring Semester Fall Semester
Advanced Study of Tax Administration (Spring) Advanced Study of Finance
Globalization and Human Resources Management

 

Macroeconomics

 

Elective courses

Spring Semester Fall Semester
Introduction to Econometrics Academic Writing
Advanced Study of International Relations

International Accounting III

Business Communication

 

Advanced Study of International Economy

 

Global Passport Program Workshop D (non-credit)

Global Passport Program Workshop D (non-credit)