Once you log in, you can use the following functions (Keio ID required).
Affiliation information (faculty, department/major, year level, etc.) is set in the search criteria (available to new students after enrollment).
Favorite (Bookmark)
View syllabus details
Affiliation information (faculty, department/major, year level, etc.) is set in the search criteria (available to new students after enrollment).
Favorite (Bookmark)
View syllabus details
BUSINESS ECONOMICS
| Subtitle | Theories of the firm |
|---|---|
| Lecturer(s) | KAMEI, KENJU |
| Credit(s) | 2 |
| Academic Year/Semester | 2023 Fall |
| Day/Period | Wed.1 |
| Campus | Mita |
| Class Format | Face-to-face classes (conducted mainly in-person) |
| Registration Number | 17268 |
| Faculty/Graduate School | ECONOMICS |
| Department/Major | ECONOMICS PEARL COURSE |
| Year Level | 3, 4 |
| Field | MAJOR SUBJECTS ELECTIVE ADVANCED COURSES (PEARL) |
| Course Description | This course aims to develop specialized knowledge in the theories of firms in modern economy, such as (a) analysis of internal organization of firms alternative to markets, (b) employment relationships and how employers motivate employees (the manager-worker agency problem), and (c) managers and incentives (the owner-manager agency problem). |
| K-Number | FEC-EC-35143-212-07 |
| Course Administrator | Faculty/Graduate School | FEC | ECONOMICS |
|---|---|---|---|
| Department/Major | EC | ECONOMICS | |
| Main Course Number | Level | 3 | Third-year level coursework |
| Major Classification | 5 | Major Subjects Course- Advanced Course | |
| Minor Classification | 14 | Lecture - Industry and Labor | |
| Subject Type | 3 | Elective subject | |
| Supplemental Course Information | Class Classification | 2 | Lecture |
| Class Format | 1 | Face-to-face classes (conducted mainly in-person) | |
| Language of Instruction | 2 | English | |
| Academic Discipline | 07 | Economics, business administration, and related fields | |
Course Contents/Objectives/Teaching Method/Intended Learning Outcome
This course is about the roles that organizations such as firms play in economic life. We will consider reasons why some market actors are organizations (e.g., firms) rather than individual decision-makers, theoretically efficient incentive schemes, under ideal conditions, and the actual limitations, in real life, of private enterprises and markets, and agent behaviors. For example, we will study how organizations face moral hazard problems. Through this course, students can learn to apply their knowledge of economic theory to thinking about economic organizations. We will touch the recent development of behavioral and experimental research to test the validity of theories and conjecture if time allows.
Note: Business economics (Course number: 47073, spring) has exactly the same contents as business economics (Course number: 47074, fall). You can take only one of the courses. Business economics (Course number: 47073, spring) will be offered in Japanese. Business economics (Course number: 47074, fall) is a PEARL course and will be offered in English.
Note: Business economics (Course number: 47073, spring) has exactly the same contents as business economics (Course number: 47074, fall). You can take only one of the courses. Business economics (Course number: 47073, spring) will be offered in Japanese. Business economics (Course number: 47074, fall) is a PEARL course and will be offered in English.
Course Plan
This item will appear when you log in (Keio ID required).
Method of Evaluation
This item will appear when you log in (Keio ID required).
Textbooks
The Economic Nature of the Firm: A Reader, 3rd Edition, 2009, edited by Louis Putterman and Randall S. Kroszner.
# Other reading lists will be announced in class dependent on needs.
# Other reading lists will be announced in class dependent on needs.
Reference Books
To be announced in the first class
Lecturer's Comments to Students
This item will appear when you log in (Keio ID required).
Question/Comments
This item will appear when you log in (Keio ID required).