The University of Virginia record :: March 15, 1927

Economics B4: Elementary Accounting: Theory and practice in the
handling of real and nominal accounts, together with the use of various types
of books of original entry; the opening and closing of books, adjustments, statements
of profit and loss, and balance sheets. The work of the course will be exemplified
through three types of business organization, namely: the single proprietorship,
the partnership, and the corporation, and will consist of lectures and
problems. (B.A. or B.S. credit, 3 session-hours.) Three sections. Professor
Barlow, and Mr. Debnam, assisted by Mr. Altschul.

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Economics B5: Statistics: Economics B1 and Mathematics A1 prerequisite.—General
characteristics of the statistical method, including the collection
of material, sources, tabular and graphic presentation, frequency distribution,
and frequency curves, averages and their appropriate uses, the dispersion of statistical
series about their mean, correlation, the theory of probabilities, the normal
curve of error, index numbers and their practical uses. Laboratory exercises
and problems. (B.A. or B.S. credit, 3 session-hours.) Assistant Professor
Hulvey.

Economics B6: Advanced Accounting: Economics B4 prerequisite.—
(A continuation of Economics B4.) A detailed study of corporation accounting
from the organization of a corporation through its dissolution. Such topics as
the acquisition, the appreciation and depreciation, and the ultimate disposition of
balance sheet items will be considered. The work of the course will be applied
by means of lectures and problems to both trading and manufacturing concerns.
(B.A. or B.S. credit, 3 session-hours.) Professor Barlow, assisted by Mr.
Altschul.

Economics B7: Marketing: Economics B1 prerequisite.—During the
first term the principles of marketing will be considered and upon this foundation
will rest the work of the second term in the principles of merchandising and
also that of the third term in the principles of advertising. (B.A. or B.S. credit,
3 session-hours.) Professor Kincaid.

Economics B8: Transportation: Economics B1 prerequisite.—First and
second terms: A study of the growth of railroad systems, especially in the
United States, location of important roads, railroad combinations, capitalization,
operating and non-operating income, operating costs, fixed charges, traffic characteristics
and problems, and government legislation. Third term: Characteristics
of recent governmental regulations, railroad finance, present-day railroad
problems, comparisons and contrasts between railroad transportation and other
forms of transportation. (B.A. or B.S. credit, 3 session-hours.) Acting Associate
Professor Edminster, assisted by Mr. Weems.

Economics B9: Business Administration: Economics B1 prerequisite.—
First and second term: A study of the principles and practices of business
organization and administration. Special attention is given to the subjects of
plant location, office management including administration of personnel, marketing
problems and finance. Third term: Investigation of the organization and
development of the business unit. (B.A. or B.S. credit, 3 session-hours.) Given
in alternate years with Economics C9. Not given in 1927-1928. Acting Associate
Professor Edminster.

Economics B10: Insurance: Economics B1 prerequisite.—The underlying
principles and practices of various forms of insurance will be considered
during the first term. Second term: Life insurance. Third term: Marine, fire,
fidelity insurance. The course will consist of special topics for field investigations,
reports, assigned readings, etc. (B.A. or B.S. credit, 3 session-hours.)
Assistant Professor Hulvey.

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Economics B13: Systems and Cost Accounting: Economics B4 prerequisite.—First
term: The construction of accounting systems for trading,
public utility and financial concerns. Second and third terms: The construction
and operation of cost systems. (B.A. or B.S. credit, 3 session-hours.) Professor
Barlow, assisted by Mr. Altschul.

Commercial Law B1: Not open to first year students. A detailed study
of the fundamental and important, rather than the technical, principles of
those subjects of which some knowledge is necessary in ordinary commercial
transactions, including contracts, negotiable instruments, agency partnerships,
bailments and carriers, sales of personal property, insurance. Instruction is
given in the practical drafting of business documents, such as simple contracts,
powers of attorney, articles of copartnership, mortgages, deeds of trust and
bills of sale. (B.A. or B.S. credit, 3 session-hours.) Assistant Professor
Hulvey, assisted by Mr. Dillard.

Economic Geography B1: General Survey: A study of the geography,
natural resources, commerce and industry of the United States and Europe.
(B.A. or B.S. credit, 3 session-hours.) Assistant Professor Starnes, assisted
by Mr. Nickell, Mr. Goodwyn and Mr. Walters.

Economic Geography B2: Economic Geography of Latin America:
Economic Geography B1, prerequisite.—A general survey of the civilization,
past and present, of the Republics of Latin America. Special stress is laid on
the physical, racial and economic geography of the region studied. Not open
to first year students. The class will be limited to fifty students. (B.A. or B.S.
credit, 3 session-hours.) Professor Bardin, assisted by Mr. Nickell.

Economics C1: Public Finance: (See James Wilson School of Economics,
below.)

Economics C2: Advanced Money and Banking: (See James Wilson
School of Economics, below.)

Economics C3: Auditing and Income Tax: Economics B1 and B6 prerequisite.—The
conduct and mechanism of audits, audit reports, analysis of financial
statements. The second and third terms will comprise a study of the Federal
Income Tax with practice in the preparation of returns. Professor Barlow.

Economics C4: Corporation Finance: Economics B1 and B4 prerequisite.—The
first part of the course will treat the financial policies of corporations,
the kinds of securities they may issue, the promotion of corporations, the
administration of income and related subjects, while the latter part of the course
will consider the various types of corporate, government and municipal bonds
with respect to their investment status. Professor Kincaid assisted by Mr. Teass.

Economics C5: Foreign Trade: Economics B1 and one other course in
the School of Economics or School of Commerce, prerequisite.—An analysis of
the economic principles underlying foreign trade, resources and materials, trade
conditions and practices abroad, commercial treaties and tariffs, sales methods,

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credit factors, shipping facilities, financial settlements, foreign exchange. Assistant
Professor Starnes.

Economics C6: Scientific Management and Labor Problems: Economics
B1 and one other course in the School of Economics or School of Commerce, prerequisite.—A
study of the relations between employer and employee, agencies
for the promotion of industrial peace including profit-sharing plans, bonus systems,
co-operative enterprises, etc., a study of representative plans for the management
of labor, copartnership and labor organizations. Assistant Professor
Starnes.

Economics C8: Research in Virginia Economic Problems: (See James
Wilson School of Economics, below.)

Economics C9: Business Combinations: A study of the growth of large
business organizations in this country and in Europe in recent times. Special
emphasis is given to the causes of this growth, the forms, legal status and relations
to business efficiency of these combinations, and the social problems arrising
out of their formation. The organization of pools, cartels, holding companies,
mergers, etc., is investigated particularly with reference to price policies. This
course will alternate each year with Economics B9. Professor Berglund.

Economics C10: Modern Tariffs and Commercial Treaties: Economics
B1 prerequisite.—This course treats of the origin and development of modern
tariff policies in the leading commercial countries of the world, special attention
being given to the United States, the general character and types of present-day
tariff laws, arguments for and against protection, and tariff policy and treaties
as affected by the World War. Not given in 1927-1928. Acting Associate Professor
Edminster.

Summer Quarter 1926

Commercial Geography sB1-I: Principles of Geography. Both Terms.
1 session-hour. Assistant Professor Starnes.

Commercial Geography sB1-II: Economic Geography. Both Terms.
1 session-hour. Assistant Professor Starnes.

Commercial Geography sB1-III: Economic Geography. Both Terms.
1 session-hour. Assistant Professor Starnes.

Commercial Law sB1-I: Commercial Law. Both Terms. 1 session-hour.
First Term, Assistant Professor Hulvey. Second Term, Associate
Professor Ribble.

Commercial Law sB1-II: Commercial Law. Both Terms. 1 session-hour.
First Term, Assistant Professor Hulvey. Second Term, Associate
Professor Ribble.

Commercial Law sB1-III: Commercial Law. Both Terms. 1 session-hour.
First Term, Assistant Professor Hulvey. Second Term, Associate
Professor Ribble.

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Economics sC2-I: Money and Banking. First Term. Professor
Kincaid.

Economics sC2-II: Money and Banking—Continued. Second Term.
Professor Kincaid.

Economics sC2-III: Money and Banking—Continued. Second Term.
Professor Kincaid.

Economics sC11-I: Transportation. First Term. Professor Berglund.

Economics sC11-II: Transportation—Continued. First Term. Professor
Berglund.

Economics sC11-III: Transportation—Continued. Second Term. Professor
Snavely.

University of Virginia Library

McINTIRE SCHOOL OF COMMERCE

Summer Quarter 1926