Department of Economics, Graduate School of Social Sciences,Hiroshima University■ Finance　■ Economic Analysis　■ Public Policy■ Comparative Economic Systems　■ Analyst

As an EconomistAim high in business and research

The graduate school at which you learn economics at that level at Hiroshima University is the Department of Economics, which is one of three graduate courses in the domain of social sciences.

Although the principal objective in traditional graduate schools was training of university faculty, students recently entering graduate school have diverse objectives beyond merely aiming at specialized research. Current graduates of graduate schools join private companies, work as public servants, find jobs in research fields, and pursue related interests. Many graduate students find their way to rewarding careers after achieving higher accomplishments.

In addition to traditional courses for the training of researchers and special entrance examinations, we have prepared special courses to accommodate multiple requests from students. One is a specialized master’s course with fewer subjects of entrance examinations. Another is an examination for selected candidates. In addition, you might take the Phoenix entrance examination, for which you submit a short essay and sit for an interview to explain your motivations. Our staffs provide considerate care for your research activities in the style of individualized instruction to support the completion of your master thesis. Incidentally, we open night classes, although not on an extremely large scale, on the Higashi Senda Campus in Hiroshima City to accommodate the educational needs of working students.

Won’t you join us to enhance your academic development and prepare to improve your career as a professional and as a researcher?

Department of Economics, Graduate School of Social Sciences

People who are deeply interested in history and social problems, who are full of intellectual curiosity and who make steady efforts, are sought as candidates for study here. If you are a currently-employed candidate for admission to this course, then we earnestly hope that you are willing to analyze and investigate problems in your workplace through scientific eyes. We welcome such highly-motivated applicants.

Takashi Senda, Dean

Admissions policy

A functional laboratory environment awaiting graduate students, equipped with a desk, chair, bookshelf, PC, and LAN network, is at your disposal. Taking full advantage of this carefully prepared environment, students can concentrate on laboratory work, and might also enjoy discussions of academic matters, or anything else that matters, with colleagues as long as they wish. Friendships fostered there will lead to a wealth of opportunities. Any student can contribute research results to peer-reviewed scholarly journals or to The Economic Studies For Graduate Students.

In addition to the huge collection of volumes in the Central Library and Higashi Senda Library, students can browse and examine the numerous Japanese and foreign language magazines that are received regularly at an open-stack reference library of social sciences. E-journals available through ScienceDirect (Elsevier), SpringerLink (Springer), Wiley Online Library (Wiley), and Oxford Journals (Oxford) are also accessible. Databases such as EBSCOhost and WEB OF SCIENCE are at your disposal as well. International resources are also accessible through a unified interface. Among them, EconLit with Full text and Business Source Premier are particularly useful in the field of economics. Furthermore, economic data of DATASTREAM can be consulted in addition to Mathematica, EViews, TSP, and GNU Octave software. Numerous documents related to the field of history are also available for your study.

With this wealth of resources prepared for you, our Department of Economics is proud to provide one of the nation’s most prosperous academic environments, and is offering a platform for productive education and research activities.

Our facilities, resources, and atmosphere are designed especially to support your graduate study and research

With the remarkable recent development of financial engineering and information technology and increased social significance, advancement of decision-making concerning financial affairs and investment is becoming increasingly important in management.

“Finance” includes knowledge and skills that are fundamentally indispensable to people working in financial institutions in areas such as banking, securities, and insurance, needless to say, and in planning, financial and accounting divisions of private enterprises as well as public institutions.

Our Finance program is aimed at the training and enhancement of students with high expertise and aptitude to be able to perform business evaluations as required by private companies and local governments, and to propose the precise drafting of strategy and risk management. These requirements derive from needs dictated by recent trends of increased securitization, widening of financial engineering, restructuring of capital markets, activation of mergers and acquisitions (M&A), globalization of enterprise activities, development of information disclosure and investor relations (IR) and strict practice of corporate governance codes.

Along with developing the critical attitude routinely required in business, our curriculum adopts methodology such as econometrics and numerical analysis and theoretical study such as microeconomics, an investment theory as well as corporate finance so that students naturally acquire the ability of systematic application to bridge knowledge and practice.

Powers of both intellect and judgment based on sophisticated economic theory and precise data analysis are indispensable for the comprehension of economic problems related to our highly complicated modern society.

In the “Economic analysis” program, by studying the following courses, students systematically learn knowledge of international standards in each economics field. In addition, students can obtain methods of statistics and econometrics used in advanced econometric analysis.

(Econometrics 1) This course aims to focus on macroeconomic and financial statistical analyses.(Econometrics 2) This course aims to study econometric theories for analyzing microeconomic and macroeconomic panel data.(Economic Statistics) This course aims to study econometric methods for analyzing economic and financial data.(Economic Times Series Analysis) This course aims to study various theories of statistics and econometrics, with particular emphasis on economic time-series analyses.(Economics of Labor Markets) This course aims to provide research guidance concerning study of theoretical and empirical analyses of various economic aspects of the labor market.(Public Finance) Specific economic policies to be studied include tax reforms, social security reforms, and economic and social deregulations.(Economic Development) This course aims to analyze the mechanisms of economic development using mathematical models.(Monetary Analysis and Applied Macroeconomics) This course aims to study monetary policy operation, and monetary and fiscal policy in a liquidity trap.(Strategic Behavior and Game Theory) This course aims to study strategic behavior, analyzed by game theory, in such fields as international trade, industrial organization studies, and environmental economics.(Local Public Finance) This course aims to study issues such as national taxes and local taxes, local public goods, and the decentralization of power to local governments.(Economic Information Analysis) This course aims to provide search techniques for analyzing optimal economic models.

In our “Public Policy” program, we prepare students to embark on careers as professional economists who actively contribute to the fields of policy making, policy analysis, and plan proposals.

We have adopted the latest outcomes of research in economics into a “Public Policy” program, which provides these lectures: Regional Development, Public Policy, Institutional Design & Development of Public Sectors, Industrial Organization, International Public Policy 1, International Public Policy 2, International Finance, and others. They are naturally incorporated into study majors of, for example, political administration and finance systems, environmental policy, antitrust policy, economic growth and education, social security, health economics, international trade, international policy competition and coordination, and international finance. Consequently, our program particularly seeks students who have the personality, talent, and professional ability to conduct research that is suited to this latest study domain.

Modern economic systems are burdened with various issues. A long-term perspective and flexible intellectual power are necessary to comprehend and confront such problems and to seek solutions to them.

In the “Comparative economic systems” program, we emphasize the grasp of individual economic problems in relation to the whole economic system as an organic entity (Political Economy), taking advantage of a technique called comparative analysis. For example, through comparison of various economic systems in Japan and the rest of the world (European and American Economic History, Japanese Economic History), the student can understand the characteristics of the respective systems. Additionally, by weighing philosophies of various economic schools (History of Economic Thought), the student can acquire a flexible mode of thinking. Our program provides students with a broad academic background that is useful to confront and resolve problems that arise at the cutting edge of our society.

Along with the advancement and the growth of complexity in the social economic system, it is thought that such issues have contemporary importance for our country suffering low growth, as environmental problems, energy problems, social security, and financial problems. They will remain a social central challenge in future.

This program aims at improving practical analytical ability to discover the core of a problem, analyze it accurately, and find concrete solutions.

The curriculum makes much of PC practice of statistics and the econometrics necessary for data analysis and positive analysis while being based on a theoretical approach.

It also guides students so that they can work on their project independently by examining professional papers and research reports of their field, analyzing the factors and background of the problems they face, and finding and proposing solutions to them.

Department of Economics, Graduate School of Social Sciences

Five programs from which you may chooseOur modern society of ever-diversifying philosophies and tastes is in urgent need of economics researchers with wide academic education and with the ability to conduct analyses that are objective and scientific. To meet such social needs, we offer four distinctive programs in the Department of Economics, Graduate School of Social Sciences, Hiroshima University. In this system, the four educational programs of “Finance”, “Economic Analysis”, “Public policy”, “Comparative economic systems”, and “Analyst” function synergistically to support the development of people with strong capabilities of theoretical thinking and professional knowledge, establishing responsibility in acceptance and education of graduate students.

Students are expected to attend lectures and seminars offered by each program in which they enroll, and are expected to compose and defend their own theses individually under the supervision of faculty members they choose.

FinanceHigashi Senda Campus

Economic AnalysisHigashi-Hiroshima Campus

Public PolicyHigashi-Hiroshima Campus

Comparative Economic SystemsHigashi-Hiroshima Campus

AnalystHigashi Senda Campus

©2018 Hiroshima University

Faculty

FinanceONO, Sadayuki Associate

Professor Applied Finance

SUZUKI, Yoshihisa Associate Professor Principles of Financial Economics

ODAKI, Mitsuhiro Professor Economic Times Series Analysis

YAMANE, Akiko Associate Professor Topics in Financial Markets

Economic AnalysisYAMADA, Hiroshi Professor Econometrics 1

HAYAKAWA, Kazuhiko Professor Econometrics 2

NISHINO, Haruhisa Professor Economic Statistics

ODAKI, Mitsuhiro Professor Economic Times Series Analysis

TAKI, Atsuhiro Professor Economics of Labor Markets

FUTAMURA, Hiroshi Professor Public Finance

OCHI, Yasuki Professor Economic Development

SENDA, Takashi Professor Monetary Analysis and Applied Macroeconomics

OKOCHI, Osamu Associate Professor Strategic Behavior and Game Theory

OHSAWA, Toshikazu Professor Local Public Finance

ORITO, Yukiko Associate Professor Economic Information Analysis

NAKAGAWA, Masao Assistant Professor Macroeconomics

Public PolicySANO, Koichiro Lecturer Applied Public Economics

KADOYA, Yoshihiko Associate Professor Health Economics

OUCHIDA, Yasunori Professor Public Policy

YAMAGUCHI, Chikara Professor International Trade

TOMODA, Yasunobu Professor International Financial System

YASUTAKE, Koichi Associate Professor International Economics

Comparative Economic SystemsMORI, Ryoji Professor European and American Economic History

OHHATA, Takahiro Lecturer Japanese Economic History

MIYAZAWA, Kazutoshi Associate Professor History of Economic Thought

Placement of Master Students (record of the past five years)

Message from a Member of our Faculty

Message from Alumni

Department of Economics,Graduate School of Social Sciences,Hiroshima University

For more information, Please contact: Student Support Office　1-2-1 Kagamiyama, Higashi-Hiroshima City, JAPAN, 739-8525　TEL：+81-82-424-7189　　FAX：+81-82-424-7220　E-mail：syakai-gaku-sien@office.hiroshima-u.ac.jp

Yasunori OuchidaProfessor

Cheng-Nan WangCompleted master

course in March, 2012Currently affiliated to

Yamaha Motor Co., Ltd.

With 12 graduate courses established in the domains of humanities, social sciences, and natural sciences, Hiroshima University provides a widely variegated learning environment. You might even attend classes and obtain units in graduate courses different from your own, within definite limits. Hiroshima University offers an environment that was formed especially to cultivate human capabilities with a wide vision, taking advantage of our interdisciplinary network and our code of respect for diversity as the basis of our actions. Presuming that you are enrolled in the Department of Economics, I can introduce you to the main flow of studies.

Upon completion of my graduate education, I wanted to study location of multinational firms and related regulations in greater detail. I was determined to advance to the Department of Economics. I submitted

“Emissions tax policy and firm location in a mixed duopoly” to the department as my master’s thesis. In my daily life as a graduate student, I sought repeatedly to read between the lines of various materials and to model and analyze complicated social phenomena precisely. What I acquired through those efforts are my own valuable capabilities, which I have come to treasure. The tough work of reading English articles and communicating their contents in a very understandable manner at a seminar helped my job-hunting activities later. The skills remain alive in me as I perform my daily duties. Nothing can

Hitachi Solutions West Japan, Ltd., JR Service Net Hiroshima CompanyJIEC Co., Ltd.Ryohin Keikaku Co., Ltd.H.S. SECURITIES CO., LTD.Shimohana Logistics Corporation, CMK Corporation, NISHIKAWA RUBBER CO., LTD., African Development Bank Group, Hitachi Appliances, Inc., Japan Post, Hiroshima Univ., IZUMI Co., Ltd., Lawson, Inc., NTT SYSTEM DEVELOPMENT Co., LTD., Panasonic Eco Solutions Housing Equipment Co., Ltd., Fukuyama Transporting Co., Ltd., etc.

Doctoral Program 12.3%

Companies52.1%

 Hiroshima University Search➡

In the master course, students learn in classes of broad scope, centering on the lectures of the department and in a program of special study. Students complete a master’s thesis under the guidance of a supervisor while learning specialized knowledge related to the study theme. Unlike undergraduate education, greater attention to preparation and review are necessary for master course classes. However, that extra work will greatly improve your abilities of analysis, application, and imagination. Upon completion of master studies, students find places of new activity in private enterprise, in public institutions, or in different sections of their respective organizations, taking advantage of the knowledge that they have newly gained in graduate school. Some might continue graduate studies for a doctorate degree; others might wish to transfer to other research institutions to advance their studies.

For the doctoral program in our department, your cultivation of self-sustaining momentum in advancing your research is our strongest request. That motivation will push you forward to successful completion of a valuable and highly regarded doctoral dissertation. During the doctoral course, some students continue working. Our students show great diversity in terms of age and career background. During this time, you might feel your gradual transformation into a professional researcher through contributions of articles to peer-reviewed scholarly journals and presentations in meetings with colleagues who share your research interests. A person who obtains a doctorate degree might find a position in higher education or in a research organization such as a university. Many graduates are serving actively in such roles.

Hiroshima University has a substantial educational environment with abundant quality and quantity of faculty. Why not knock on the door of Hiroshima University, so that we can open our world to you?

be tougher than that experience, so I can just shrug off any challenge now. In addition to professional training, I met many intriguing faculty members and international colleagues in various fields of study. My days immersed in that environment enriched my subsequent understanding of different cultures and ways of thinking and thereby supported my growth and development as a human. The friends I made in graduate school and the knowledge and skills I developed there are truly irreplaceable and valuable assets in my life. I hope to see many junior colleagues from across Japan and the world learning in the superior study environment of the Department of Economics at Hiroshima University.

Others（International

students return to home country etc.）

35.6%

Hiroshima Univ.