36 monthsProgramme duration
4,944 USDTuition Fee/year
Programme overview
Main Subject
Economics and Econometrics
Degree
PhD
Study Level
PHD
Study Mode
On Campus
In the past, Japan has been considered a wealthy country in terms of GDP per capita and household savings, as well as the world’s top net foreign asset holder with a current account surplus, backed by its highly productive manufacturing industry. In recent years, however, the country’s potential growth rate has declined due to having the fastest-declining birthrate and aging population among developed countries, and its relationship with prolonged deflation is also a matter of concern. To overcome this deflation, unprecedentedly bold monetary easing has been pursued, and its direct and side effects are coming under scrutiny. Indeed, companies and governments are being asked to analyze and answer the question of whether wage increases can keep pace with rising prices and promote economic growth, and whether it is possible to redeem the largest government debt in the industrialized world when nominal interest rates rise.
The role of economics is to analyze and solve such economic problems by assuming economically rational economic agents (firms and households) and analyzing their factors and trends. Reexamination of that assumption of rationality is also a subject of advanced research. For example, microeconomics considers the functions and limitations of market mechanisms and analyzes market competition, the strategies of firms, and the nature of government policy. Macroeconomics, on the other hand, considers the causes of economic growth and business cycles, and the methods and effects of monetary and fiscal policy responses. Econometrics, meanwhile, is an analytical method that links these theories to economic forecasting by demonstrating them with real-world data. This understanding can be applied to policy formulation and development of strategies based on accurate economic analysis, whether in business or government.
Curriculum
In the Master’s Program, students learn systematized economic theories and analytical methods that will prove useful for economic analysis, forecasting, consulting, asset management, and fund-raising at research institutes, financial institutions, think tanks, and government departments in Japan and abroad. In the Doctoral Program, we actively support students in their quest to obtain a doctoral degree in three years through fostering independent researchers who can be active in academic research institutions.
Programme overview
Main Subject
Economics and Econometrics
Degree
PhD
Study Level
PHD
Study Mode
On Campus
In the past, Japan has been considered a wealthy country in terms of GDP per capita and household savings, as well as the world’s top net foreign asset holder with a current account surplus, backed by its highly productive manufacturing industry. In recent years, however, the country’s potential growth rate has declined due to having the fastest-declining birthrate and aging population among developed countries, and its relationship with prolonged deflation is also a matter of concern. To overcome this deflation, unprecedentedly bold monetary easing has been pursued, and its direct and side effects are coming under scrutiny. Indeed, companies and governments are being asked to analyze and answer the question of whether wage increases can keep pace with rising prices and promote economic growth, and whether it is possible to redeem the largest government debt in the industrialized world when nominal interest rates rise.
The role of economics is to analyze and solve such economic problems by assuming economically rational economic agents (firms and households) and analyzing their factors and trends. Reexamination of that assumption of rationality is also a subject of advanced research. For example, microeconomics considers the functions and limitations of market mechanisms and analyzes market competition, the strategies of firms, and the nature of government policy. Macroeconomics, on the other hand, considers the causes of economic growth and business cycles, and the methods and effects of monetary and fiscal policy responses. Econometrics, meanwhile, is an analytical method that links these theories to economic forecasting by demonstrating them with real-world data. This understanding can be applied to policy formulation and development of strategies based on accurate economic analysis, whether in business or government.
Curriculum
In the Master’s Program, students learn systematized economic theories and analytical methods that will prove useful for economic analysis, forecasting, consulting, asset management, and fund-raising at research institutes, financial institutions, think tanks, and government departments in Japan and abroad. In the Doctoral Program, we actively support students in their quest to obtain a doctoral degree in three years through fostering independent researchers who can be active in academic research institutions.
Admission Requirements
- Students who are eager to work in research and education in the field of economics or engage in studies and projections that apply economics
- Students who have acquired a Master’s degree-level knowledge of Economics.
- Students who can analyze their research theme within an appropriate economic framework and write logically while clarifying the academic significance of the research.
Tuition fees
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International
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