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Faculty of Economics

Providing students with wisdom and strengths that help them survive global society

Economics is an academic discipline with a 300-year-plus history. The discipline has explained current economic phenomena, forecast the future, and submitted proposals on desirable directions. The scope of economic exploration is vast, containing public finance, finance, the liveliness of business, employment, social security, and international finance. The Faculty of Economics, Aichi University, promotes education under a course system to offer students various places to learn a wide range of topics, from the basics of economics with a long history and a broad scope, through applied economics, to practices in the field of business. The perspectives and expertise that students develop at the faculty will serve as reliable strengths that help them survive global society.


Cultivating logical thinking skills and seeking a new economic paradigm

Contemporary society is undergoing significant changes brought about by economic informatization, globalization and financialization. The present-day society also seeks a new economic model in anticipation of growth and stability. In response to such needs of the times, the Faculty of Economics provides a range of opportunities to learn both the basics of economics and advanced specialized knowledge for its application and practice, thereby nurturing students’ capabilities to analyze modern economic society, and logical thinking skills based on an economic perspective. In their first year, students study liberal arts and fundamental economics. For the second and later years, the faculty offers three courses: Economic Analysis, Economic Policy & Regional Economy, and World Economy. The curriculums are designed to enable students to systematically learn about macro and microeconomics, which constitute the basics of economics, as well as core subjects, such as finance, financial administration, and labor economics, while also deepening their knowledge in specialized fields. The faculty is characterized by small-group seminars, which start in the first year. In these seminars, students learn how to read literature, how to write reports, how to discover and set their own agenda, and how to collect literature and reference materials, in order to acquire the basic skills required for intellectual production. Moreover, by actively holding small-group discussions and presentations, students can improve their presentation ability and communication skills, and acquire the high level of logical thinking skills they will need for the specialized seminars they will attend in their third year onward. Students are given many opportunities to learn firsthand about economics in the real business world. Examples include active learning programs, for example, to analyze the actual conditions of the western district of Nagoya Station, and a course funded by Nomura Securities Co., Ltd. featuring a lecture given by a security salesperson actively working at the company. We hope that these learning activities will help students envision and realize their future plans after graduation, for example, to become tax and certified public accountants or other economic specialists who can play active roles in a wide variety of industrial fields.

Curriculum Features

Field study

Allowing students to experience the forefront of the economy and business abroad and develop their own cosmopolitan perspectives
Current progress in the internationalization of business requires global perspectives in economics too. The Faculty of Economics actively provides students with opportunities for learning abroad, including fieldwork in Korea and Malaysia. A prominent example is “Field Study,” an intensive course designed for second-year or higher-grade students to gain real experience in the economic and business fields abroad. Students who wish to participate in the field study are required to take the Field Study Methodology course during a spring semester to conduct preliminary research on the country or region they will visit. They collect information through group work, to deepen their knowledge about the economy and culture of the country or region they will visit, the status of Japanese companies’ operations there, and the companies that students will visit. In the Field Study course offered during a summer break, participants stay abroad for about two weeks, conducting interviews about the local economy at governmental bodies, visiting Japanese and local companies, and interacting with local university students. These activities allow students to gain first-hand experience of the global economy and develop their ability to use their economic knowledge acquired in classes for business and other future activities. Lectures are given by instructors familiar with the destination country or region. The field study has been so far conducted in Korea, Thailand, Singapore, Indonesia, Australia, Hong Kong, etc. The faculty is currently planning to conduct the field study in the U.S., Europe, or other places from a broader perspective.

Four Year Structure

First Year

Students begin their journey into the world of economics, gaining a thorough grounding in its basic principles and methodologies. Students acquire fundamental knowledge on topics such as macro and microeconomics.

Second Year

Students choose from one of three course models which best accommodates their future aspirations. After deciding on a course, students take classes in the specialist topics that are most appropriate to them.

Third and Fourth Years

In addition to classes in specialist topics, students choose and take part in a seminar that interests them. Seminars are conducted in small groups and serve as gateway for pursuing individual research on a topic for their dissertation. Students take part in debate and discussion, helping them to develop their logical thinking skills, presentation skills and to gain an insight into economics from a variety of perspectives.

Three Specialist Courses

Economic Analysis

This course develops students’ abilities to apply micro- and macro-economic theory to evaluate various phenomena. Based on data that can be obtained from Economic Statistics I, Economic Data Analysis, and Statistics II, the department improves students’ abilities to analyze a society. Their analytical power is further enhanced by studying practical subjects, such as Financial Theory I and II, and Capitalist Economic Theory. By building their skills in these key areas, students learn how to assess the ever-changing set of problems posed by contemporary economies and societies.

Economic Policy & Regional Economy

This course, while taking theoretical economics as its foundation, focuses on practical economic policy. Students learn about areas such as fiscal science, economic policy and public economics, as well as their relevant research methodologies. Such training will help students learn how to identify problems in contemporary society, and how to go on to devise rational policies to address such problems. Contemporary society comprises a number of elements?the economy, politics and culture to name just a few. In this course, students study contemporary society in multiple fields. They analyze real issues relating to the environment, employment and social welfare from a variety of perspectives, thereby developing their problem-solving ability.

World Economy

In this course, students learn about international economic issues that affect us today. Students analyze these issues from both theoretical and empirical standpoints, while considering the role political factors may play. To get to the bottom of such issues, students will study economic trends in both Asia and the West, and the historical contexts of each country in these regions. This course offers international economics, international financial theory, and other subjects designed to improve students’ abilities to compare economic trends in Japan and overseas countries, and to discover and resolve problems from a broad perspective. Another feature of the courses is its focus on English language education, in order to equip students with English terminology useful in pursuing economics.