Yoshihiko Fukushima, Ph.D.







     Major posts held:
     Professor at Nagoya University of Commerce and Business



Economic Policy (Seminar)
The goal of this seminar is for the student to complete his/her master thesis in social and economic issues that he/she is interested in.
In order to complete the master thesis with practical and original policy  recommendations, first, the students need to learn the economic viewpoint for scientific analysis and investigation. Then the students learn analytical methods and frameworks on what policies are suitable for the individual social/economic issues. Finally the seminar will give a private tutorial for indepth instruction to help complete the students' master thesis.

Economy and Society in the Nordic Countries A
With the progress of an ageing society with falling birth rate, there is growing interest in the “social welfare system” and “social security system”, i.e. pension, medical insurance, unemployment benefit, education, and support for the elderly.
Nordic countries have advanced social welfare system and are thus called “Welfare States”. This class will study the economy and society in the Nordic picture of a “social welfare system” and “social security system”.

Economic Policy A
Adam Smith advocated in his work “The Wealth of Nations (An Inquiry into the Nature and Causes of the Wealth of Nations, 1776)” that the most optimal and efficient use of resources is accomplished by “the invisible hand” in a “laissez-faire” economy.
In many cases however, an efficient resource allocation has not been accomplished due to various uncertainties. The purpose of economic policies is to “make living better for the people” by minimizing the uncertainty and the loss due to “market failures”.
First this course will look at the three issues that are hard to solve, namely “an efficient resource allocation”, “economic stability and economic growth”, and “fair income distribution”. Then the course will investigate what policies are necessary for the above which will improve social welfare.

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