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Faculty of Economics

Predicting the future of today’s rapidly changing world with the power of economics

Economic globalization is greatly shaking the world, causing widespread concern over the unpredictability of the future. However, economics can serve as a silver lining in today’s world by offering the expertise needed to analyze where it is headed. Economics has been around for over three centuries, providing the people of the time with explanations of economic phenomena, predictions, and suggestions on possible paths to arrive at a brighter future. It deals with a broad range of fields, including public and commercial finance, business conditions, employment, social security, and international finance. The Department of Economics offers a variety of learning opportunities under its course curriculum, ranging from the basics of economics and its application to practical uses in business. Those equipped with the perspectives and expertise we offer will be well placed to lead the future.

Developing the ability to identify and resolve issues independently

The future will likely feature an extremely rapidly growing aging population, new services made available by advancements in artificial intelligence, and jobs being replaced by AI robots, giving rise to the possibility that what we understand as common sense today may not necessarily remain so. Then, what skills would survival in such a future likely require? One would be the skills to identify and resolve issues independently. Developing such skills requires the pursuit of extensive knowledge and deep expertise, which may at first seem contradictory. The Faculty of Economics began offering its new curriculum in FY 2018. The new curriculum allows the taking of specialized subjects from earlier years of study than before. It also responds to new needs created by globalization, such as by offering a subject titled “Economics” taught in English and expanding the variety of subjects for which credits earned while studying aboard can be converted. In addition, in response to increasing public demand for schools to provide students with more real-world experience, the new curriculum offers credits for internships and volunteer work if they meet certain requirements. The Faculty has produced a diversity of graduates and helped them enter various industries and sectors, thus earning for itself a reputation as a school with an excellent graduate employment rate. The Faculty aims to reinforce its strengths by putting its new curriculum at its core, in order to cultivate people able to use economics as a tool for responding to the needs of the time.

Curriculum Features

Experiencing the world through Field Study

Allowing students to experience the forefront of the economy and business abroad and develop their own cosmopolitan perspectives
Field Study, an intensive course, offers first-hand opportunities to observe economic trends and explore the business world in other countries (including Thailand, Singapore, Korea, China, and the U.S.). In Field Study Methodology, offered in the spring semester, students will look for theme-based issues and then try to resolve them during the summer overseas. During these visits, students will have opportunities to communicate cross-culturally with help from local college students, i.e., experiences sure to help them in their future career and in designing one.

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 elective courses available from the second year of study

Economic Analysis

This course aims to help students acquire the ability to examine constantly changing contemporary economic and social issues by assisting them in developing the ability to examine various phenomena from economic-theoretical perspectives based on macro and microeconomics and in improving their data-based analytical skills to examine social issues.

Economic Policy & Regional Economy

This course aims to help students develop issue-solving skills needed to analyze real-world environmental, employment, and welfare issues from multiple angles so that they can help future communities by analyzing real-world economic issues and proposing rational measures designed to resolve them.

World Economy

This course aims to help students develop the potential to cross national and regional borders to do business by assisting them in gaining extensive knowledge of the world economy and acquiring excellent communication skills. It also puts effort into helping them enhance their English skills and offers opportunities for them to learn English for specific purposes such as studying economics and conducting economic research.