Understanding Economic Issues

Course Code: ECI101
Day: Wed Time: 19:10-21:00 Hours: 20 Sessions: 10 Semester: Summer Instructional Language: English Location: In-Person (Tokyo)

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Course Description

A foundational understanding of economics is important for anyone who needs to make good decisions and make sense of the world. This course explores key concepts in microeconomics, macroeconomics and behavioral economics, and introduces several new economic models, such as the sharing economy and the economics of "free". Throughout the course, participants will come to better understand how people and organizations make decisions, the global economic situation, why currencies fluctuate, the effectiveness of government stimulus packages, and whether or not people make rational decisions. This course is light on theory and graphs and heavy on interaction and discussion-based course work, with supporting lecture and some readings. Those who are aware of economic forces but who have not formally studied economics and would like to better understand how these forces affect their life and work would benefit from this course.

Learning Objectives

1. Gain knowledge about present and future economic models and monetary systems and how they are impacting our lives.
2. Understand and explore the macro-economic influences rapidly re-shaping the global economy
3. Understand how you and your customers are influenced to make decisions

Who should take this course

Working adults who are aware of economic forces all around them but who may have not taken a course in economics, and those wishing to discuss economic topics of our times.


Economics - Theory Through Applications Volume 1(Available free online – https://open.umn.edu/opentextbooks/textbooks/126)


John Foster

Instructor Biography

John has been instructing an array of business management courses in Continuing Education at Temple University Japan since 2007, specializing in HRM, Organizational Behavior and Performance Management. He is Assistant Professor at Temple University Japan, Hosei University and Adjunct Professor Emeritus of business administration at the British Columbia Institute of Technology. John has had a varied career working in investment finance, information systems, corporate training, journalism, marketing and PR and e-commerce management, launching and managing a business, as a project manager with Microsoft and PR with Toys 'R' Us Japan. John has a BA in Economics from the University of British Columbia, an MBA from Deakin University and a member of the Society of Human Resource Management (SHRM). He loves travel and stand-up comedy; he’s published two books and has plans for more.