This course presents the fundamental concepts of economics. It provides basic knowledge for students to understand the economic environment that shapes the operation of businesses and other organizations. The course covers topics in microeconomics, focusing on the decision-making process of consumers and firms. It covers topics of supply and demand, markets and welfare, and firm behavior and the organization of industry.
In this course, we will conduct class discussions using case studies in order to achieve the learning goals. The students attending this course may be required to write a preparatory report and must participate in the class discussions.

*本学の教育ミッションを具現化する形で設定されています。

After successfully completing all requirements for this course, students are able to:
• Understand the basic principles of economics.
• Understand the applications of economics principles through mini cases.
• Be able to interpret basic models of consumer and producer behavior.
• Understand the economics of firms in markets

教育手法 Teaching Method		% of Course Time
インプット型 Traditional		50 %
参加者中心型 Participant-Centered Learning	ケースメソッド Case Method	50 %
	フィールドメソッド Field Method	0 %
合計 Total		100 %

From week one to week seven, lectures are given in a flexible 200-minute session per week, which will provide students with the basic concepts of business economics. In addition, practice questions, quick quizzes, and cases are set to help students consolidate their understanding.
Students are required to discuss in-class cases and case assignments. There is no fixed solution for case problems. Decisions are made based on sound assumptions and an in-depth analysis of the situation. The purpose of the case method is to help students define and address problems, collaborate with other students to give the best solution, and suggest the best course of actions.

*成績は下記該当項目を基に決定されます。
*クラス貢献度合計はコールドコールと授業内での挙手発言の合算値です。

講師用内規準拠 Method of Assessment	Weights
コールドコール Cold Call	0 %
授業内での挙手発言 Class Contribution	50 %
クラス貢献度合計 Class Contribution Total	50 %
予習レポート Preparation Report	0 %
小テスト Quizzes / Tests	0 %
シミュレーション成績 Simulation	0 %
ケース試験 Case Exam	0 %
最終レポート Final Report	50 %
期末試験 Final Exam	0 %
参加者による相互評価 Peer Assessment	0 %
合計 Total	100 %

評価の留意事項　Notes on Evaluation Criteria

This course follows the case study teaching method. It has NO exams. The assessment is divided into 2 sections, Class participation and Report. Class participation includes Class engagement & quizzes. Class engagement is marked on how students prepare for the course contents & cases, and how they raise questions, respond to the questions and discuss the solution. However, students who disturb other students, or do other activities rather than engaging in class activities will receive a maximum of 40% for Class participation.

Quizzes will be given during the class, including detailed instruction. The grade for each quiz depends on the number of quizzes. The final report will account for 40% of the total assessment, including questions and case discussion.

Hints: Do not wait until the announcement of the final report and prepare for it. Preparations should begin from the first lecture.

A. Class participation (60%)
1) Class engagement: Continuous
2) Quizzes: TBA
B. Report (40%)
1) Final report

• Mankiw, N.G., Mark P. Taylor, M.P., & Ashwin, A「Business Economics, 2nd Edition」Cengage（2016）9781473722446

Lecture Notes (required):
This course will use lecture notes. They are distributed to students through the NUCB’s course portal. The notes might be concise, so students are recommended to take notes during class.
Case Studies (required):
There will be seven case studies for the course. They will be distributed by NUCB. Students will be divided into groups and discuss the provided cases.

There will be marking criteria for in-class assignments. Marking strictly follows marking criteria. Feedback will be provided via lectures following the assessment of assignments. Students are also encouraged to arrange an appointment with the instructor to obtain more detailed feedback/advice on the marked assignment.

Refereed Articles

• (2019) Does seller status matter in inter-corporate asset sales?. Journal of Banking & Finance 100 0378-4266
• (2018) Asset sales and subsequent acquisitions. International Review of Financial Analysis
• (2018) The Role of Independent Expert Reports in Australian M&A Market. International Review of Finance 18(2): 1468-2443