This is an introduction to the Japanese economy. The general feature of the Japanese economy, together with its historical and geographical background, is first described. Its famous rapid economic growth in the 1960s are then analyzed quantitatively in the light of the econometric findings. The facts on the saving ratio, trade balances, technical progress, industrial structure, business cycles, economic development and so on are presented, and their relation to the economic performance are discussed. The elementary economic concepts and theories are also explained with illustrations from the Japanese economy, so that the book may be easily accessible to the general readers. The readers of the book will acquire a bird's-eye view of the Japanese economy and the theoretical elucidation of its special features.
General features of the Japanese economy; the causes of the high economic growth - the demand side; the causes of the high economic growth - the supply side; industrialization; the stages of technical progress; the causes of high economic growth - the econometric model simulation; aspects of slower economic growth; business cycles; the present state of the Japanes economy.