Faculty of Economics

In 1886, Kansai Law School, the predecessor of Kansai University, was founded, and Economics was the subject of the School’s first lecture. An Economics course was established in 1904 and later developed into today’s Faculty of Economics. At present, over 55,000 graduates of the Faculty are working mostly in Western Japan’s commercial center, Osaka, and they are active in various fields both domestically and globally. Ever since modern Economics was first pioneered by Adam Smith in the late 18th century, it has concerned itself with the wealth and happiness of human beings. However, the modern world’s methods of mass production and mass consumption have created a great number of problems, such as gaps between rich and poor nations, trade friction, and environmental degradation. In such a context, the economic problems must be further examined from a global perspective. Simultaneously, there is an increasing demand for the younger generation to put their thorough understanding of Economics to practical use in everyday life.

Faculty’s Curriculum

Overview

The faculty’s curriculum was renewed in 2021. In the new curriculum, the specialized educational subjects are categorized into four: introductory, basic, applied, and practical subjects. Students who are new to Economics can obtain a systematic understanding of the subject without any difficulties. In the 1st and 2nd years, students will be exposed to liberal arts, foreign languages, and economic subjects (mainly introductory and basic) in a well-balanced manner. Moreover, they will acquire basic knowledge about Economics. In the 3rd year, they will choose a specialized course and study Economics more deeply through applied subjects. In the 4th year, their ability to think economically is expected to increase, and they will communicate with others, which are necessary for playing an active role in society through practical subjects.

Specific Learning Process

1stYear

Introduction to Economics

Through introductory subjects, students will acquire the following three skills needed for understanding Economics: academic writing, data processing, and elementary mathematics. They will also learn the types of problems dealt with in Economics. In small-sized classes, students can communicate with each other to understand this basic knowledge.

Introductory Subjects
  • Elementary Tools for Economics
  • Introduction to Economic History
  • Introduction to Macroeconomics
  • Introduction to Microeconomics
  • Introduction to Modern Economy
  • Workshop in Economics
  • Mathematical Statistics
2ndYear

From Basic to Applied Economics

Students will study the fundamentals of Economics through basic subjects. Moreover, they will learn how to apply their basic knowledge to several problems in society through applied topics. This wide range of learning helps them decide what specialized course to undertake in their 3rd year.

Basic Subjects
  • Accounting in Commercial Activities
  • Introduction to Econometrics
  • Accounting in Industrial Activities
  • Labor Economics
  • Behavioral Economics
  • Macroeconomics
  • Economic History of Japan
  • Mathematics for Economics
  • Economics Policy
  • Microeconomics
  • Economic Statistics
  • Monetary Economics
  • Elementary Bookkeeping
  • Political Economy
  • Game Theory
  • Public Economics
  • History of Social Thought
  • Public Finance
  • Information Processing for Economics
  • Studies of Japanese Economy
  • International Economics
Applied Subjects
Economic Policy Course
  • Advanced Microeconomics
  • Law and Economics
  • Demography
  • Local Public Finance
  • Environmental Economics
  • Public Choice Theory
  • Monetary Policy
  • Social Security
History and Economic Thoughts
  • Economic History of Asia
  • History of Political Economy
  • Economic History of Europe
  • Socio-Economic Systems
  • History of Modern Economics
Industrial and Business Economics
  • Corporate Finance
  • Financial Accounting
  • Business Economics
  • Industrial Organization
  • Distribution Economics
  • Organizational Economics
  • Econometrics
  • Personnel Economics
  • Elementary Accounting
  • Problems of Small Business
International Economics
  • Advanced Macroeconomics
  • Economic Growth
  • American Economies
  • Empirical International Economics
  • Asian-Pacific Economies
  • EU Economy
  • Chinese Economy
  • International Finance
  • Economic Development
  • International Political Economy
Common Subjects
  • Current English
  • Special Topics in Economic Problems
  • Economic Study Abroad
  • Sponsored Lecture
  • Research Seminar
  • Studies in Foreign Economic Book
  • Special Economics Seminar
  • Studies in Practical English
Other Related Subjects
  • <Business and Accounting>Corporate Organization and Strategy, Business Management, Market Oriented Accounting
  • <Law and Politics>Civil Law, Commercial Law, Economic Law, Labor Law, Public Policies
3rdand4thYear

Apply Economics Knowledge

Based on their interests, students will proceed to their specialized courses consisting of economic policy, history and economic thought, industrial and business economics, and international economics. Through the continuous four-semester seminars, students will acquire skills on debating, presentation, and fieldwork. They will also experience role-playing and communicating with others in the seminar to tackle social problems and solve them using their own approach.

Specialized Courses
  • Economic Policy Course

    This course studies the government’s activities such as public finance, social insurance, employment, and regional revitalization. Government policies such as consumption tax, pension, and Tokyo concentration correction affect both individuals and the whole economy. The government’s role is also essential for solving the environmental problem that the market can not address. We call such a government policy that solves various social problems as economic policy.

  • History and Economic Thoughts

    This course studies the process of the development of the economy and social thoughts historically. For example, there was the world’s first futures market of rice called the “Dojima Rice Exchange” in Osaka in the Edo era. Today’s economy is history-dependent. The knowledge of history allows us to find a new clue that solves today’s economic problems.

  • Industrial and Business Economics

    Firms play an essential role in economic activities such as supplies of goods and services, employment, and investments. This course studies the principles of firms’ behaviors and how to use and apply business data, which helps understand the mechanism of various phenomena in business.

  • International Economics

    This course studies the global economy where humans, goods, services, and money move across countries. Students study the world economy’s mechanism through international trade on movements of goods and services and international finance on those of money. Students also study the individual economy like China and India that have experienced significant economic developments.

Practical Subjects
  • Seminar
  • Graduate Thesis
  • “Introductory Seminar in Economics “

Student’s Voice

Nao AYAMA

Economic Policy Course

In the Economic Policy course, I have been able to gain a basic understanding of micro and macroeconomics behind the government’s economic activities. In the lecture on public economics, I learned that tax is a form of government revenue. I studied the theoretical underpinnings of corporate and consumption taxes, the criteria for determining their respective tax rates, and how the incomes from these taxes are used. Meanwhile, through the seminar, I was able to investigate the effects of decreasing birthrates and an aging population on public deficits and examine the potential of instituting a new tax for childcare support. I have developed an appreciation that seemingly distant or unrelated government policies are, in fact, closely related to and affect our lives, whether they are for new plans for mobile phone fees or for the amount of pension in the future.

Kazane NAKAGAWA

History and Economic Thoughts

In the course History and Economic Thoughts, I studied the history of Japan and the rest of the world, as well as the economic thoughts prevalent during different periods. I also learned how to extend this knowledge to the context of modern societies and economic development. For example, I came to understand how economic thoughts about government intervention in the market enormously affected Japan’s and the world’s current economy. During the seminar, I was able to examine the drawbacks of modern information technology with respect to Rosseau’s idea of “general will.” I have also come to consider the issues with, and potential futures of modern ideas such as social networking service through the lens of history and past economic thoughts.

Koki WADA

Industrial and Business Economics

In the course Industrial and Business Economics, I am now studying the strategic behavior of firms and their effects on regional economic development. In the seminar, I have been examining the cases of East Osaka and the Hanshin Industrial area where several manufacturers are concentrated. Specifically, I have been analyzing the gains obtained (or advantages experienced) by businesses by locating in these areas and how they’ve expanded based on these areas’ characteristics. I had some unexpected findings during my fieldwork at the firms’ plants. Overall, I have come to appreciate the connection between firms and the regions in which they are located more comprehensively by studying how their activities contribute to the regional economy and the environment.

Yuya SHINDO

International Economics

In the course International Economics, I learned about international relationships among economies and their implications. I also learned about the differences between the economic development processes of Japan, China, and the United States. I have since developed a keen interest in the balance of imports and exports and tariffs between countries, as well as in economic conflicts such as the US‒China trade war. During the seminar, I was able to take a closer look at Southeast Asian economies, from which I found that cashless transactions are more advanced in Singapore and Vietnam than in Japan, and that Taiwan has been successful in managing the effects of COVID-19 through Information Technology and a strong government initiative. Finally, I have come to understand the Japanese economy’s problems more objectively through comparisons with other countries’ experiences.

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