 | The University of Virginia record April 1, 1921 |  |
JAMES WILSON SCHOOL OF ECONOMICS.
I. Economics.
Economics C1: The Growth of American Industry and Commerce:
Economics B1 and any other B course in Group IV, prerequisite.—Economic
principles as illustrated by American experience, with a study of the influence
of economic conditions upon American social and political development.
The work is mainly topical, and the topics receiving chief emphasis
vary from year to year. Associate Professor Snavely.
Economics C2: Public Finance: Economics B1 and one other B course
in Group IV, prerequisite.—First and second terms: The general principles
of public finance, with a detailed investigation of state and local taxation.
Third term: The financial institutions and methods of the federal government.
Associate Professor Snavely.
Economics C3: Money and Banking and Foreign Exchange: Economics
B1 and one other B course in Group IV, prerequisite.—First and second
terms: Money and Banking: A study of monetary systems, forms of
money and monetary standards, price level and its fluctuations, principles
of banking, national banking system and the Federal Reserve system,
government financing. Third term: Foreign Exchange. Associate Professor
Snavely.
Economics C4: Corporation Finance: Economics B1 and one other B
course in Group IV, prerequisite. First and second terms: Forms of business
organization, growth of corporations, corporation laws of different
states, sources of capital, stocks and bonds, profits and distribution of
earnings, use of surplus. Third term: Combinations and Trusts.—
(Omitted in 1920-1921.)—Associate Professor Snavely.
II. Business Administration.
a. Courses in 1920-'21.
Economics C5: Marketing.—This course attempts an analysis of the
existing commercial mechanism for the distribution of goods from "producer"
to "consumer." The emphasis of the course will be put on practical
problems in an endeavor to appraise the efficiency of the distributive
system and to indicate where improvements may be introduced. The
work of the fall term will deal primarily with the marketing of farm products
and raw materials; that of the winter term with the merchandising of
manufactured or "finished" products, with some attention to the significance
of advertising as a business force. Associate Professor Eldred.
(Fall and Winter Terms.)
Economics C6: Business Statistics.—The application of statistical
methods to business and economic problems, such as living costs, employment,
production, sales, markets, construction of index numbers, and
economic and business forecasts. Associate Professor Eldred. (Spring
Term.)
Economics C7: Industrial Problems.—This course attempts to analyze
the basic elements in the human relationship of employer and employee
as exemplified in modern industry, and to acquaint the student
with the major problems and necessary point of view to enable him to
make a helpful contribution towards a better industrial relationship.
A brief consideration of the history and structure of modern industry in
its bearings on human nature will be followed by a detailed study of the
causes and manifestations of "labor unrest" and by an examination of the
most promising plans that have been suggested for the prevention and
adjustment of industrial disputes—including collective bargaining, aitration,
profit sharing, and the like—as well as a consideration of the
broader implications of the workers' aspirations to exert a larger and more
organic influence upon the processes of industrial life. Associate Professor
Eldred. (Winter and Spring Terms.)
b. Courses in 1921-'22.
It is also planned to offer in 1921-22 one or more of the following
courses, depending upon the number of registrants:
A full year course in Transportation, including railroads, inland waterways,
and ocean systems, with particular reference to freight rates and
traffic problems from the points of view both of the general business
community and of those who plan to enter transportation as a vocation.
A full year course in Insurance, devoting one term each to property
insurance, life insurance, and social insurance.
A full year course in Labor Supply and Organization, involving a discussion
of immigration and the working class population, the extent and
character of employment and unemployment, the movement for standards
of labor legislation, trade unions and their policies, employment
management and wage systems, labor disputes and agencies of industrial
conciliation.
A full year course in the Economics of Agriculture, approaching the
problems of farm management from the point of view of the farm as a
business enterprise as well as considering the relation of agriculture to
the whole industrial system. Among the topics to be investigated are:
the changing social conditions of rural life, the forms of land tenure,
large farms vs. small farms, intensive vs. extensive farming, specialized
as compared with diversified farming, the status and wages of farm labor,
the influence of farm machinery, farmers' business organizations,
agricultural credit, the marketing and distribution of farm products.
III. Government.
Government C1: International Relations.—Government B1, and one
B course in economics, commercial law, or commercial geography, prerequisite
(but, with the permission of the instructor, this course and Government B1
may be taken together.—The nature of international law; the scope of
existing international government; the causes of modern wars; the problem
of preserving peace (peace projects of the past, the adequacy of arbitral
peoples; the foreign policy of the United States; the problems of
the war and of the peace treaty. Adjunct Professor Williams.
Government C2: Political Parties.—The origin, develoment and organization
of political parties in the American (federal, state and municipal)
and foreign governmental systems, with a consideration of current
party issues and problems. Adjunct Professor Williams. (Omitted in
1920-1921.)
Government D1: Politics and Jurisprudence.—Various concepts of
the state, of sovereignty, and of political obligation; American political
theories; the nature, sources, and forms of law, and its philosophical and
sociological aspects.—Hours by appointment. Adjunct Professor Williams.
Government D2: Constitutional Aspects of Social and Economic Problems.—The
constitutional limitations on governmental action with respect
to property and industry; labor problems, the regulation of corporations,
interstate commerce, social legislation, the extension of federal
authority, etc.—Hours by appointment. Adjunct Professor Williams.
Omitted in 1920-1921.
IV. Commercial Geography.
Commercial Geography D1: A Course of Research.—Associate Professor
Bardin.
| The University of Virginia record April 1, 1921 | |