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Economics

Economics B1: The Principles of Economics: (Not open to first year
students.) First and second terms: Survey of the principles of Economics.
Third term: The bearing of these principles upon present American conditions.
Instruction will be given by lectures, assigned readings, reports and discussions.
(B.A. or B.S. credit, 3 session-hours.) Professor Snavely, assisted by Mr.
Hawk and Instructors.

Economics B2: The Growth of American Industry and Commerce:
Economics B1 prerequisite or may be taken concurrently.—A study of the influence
of economic conditions upon American social and political development.
This study is preceded by a short review of European, particularly English, industrial
development before and during the colonial period. Special emphasis
is given to the influence of various phases of American industrial environment
upon the culture and civilization inherited from Europe. (B.A. or
B.S. credit, 3 session-hours.) Professor Berglund, assisted by Mr. Eastwood.

Economics B3: Money and Banking: Economics B1 prerequisite.
During the first term the principles of money and credit will be considered,
and during the second term the principles of banking will be examined. The
third term will be given over to mercantile or bank credit. (B.A. or B.S.
credit, 3 session-hours.) Professor Kincaid, assisted by Mr. Johnson.

Economics B11: Economics of Agriculture. (See Rural Social Economics
B2,
School of Rural Social Economics.)

Economics B12: Economic and Social Surveys of Virginia Counties. (See
Rural Social Economics B3, School of Rural Social Economics.)

Economics C1: Public Finance: Economics B1 and one other B course
in the School of Economics or School of Commerce, 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. Professor Snavely.

Economics C2: Advanced Money and Banking: Economics B1 and one
other B course in the School of Economics or School of Commerce, prerequisite.

—A course of research in current monetary and banking problems. An intensive
study is made of foreign currency systems, Federal Reserve System, cyclical
fluctuations in business, etc. Topics are assigned for individual investigation and
written papers and problems are required. Not given in 1928-1929. Professor
Kincaid.

Economics D1: History of Economic Theory: Hours to be arranged.
Given in alternate years with Economics D2. Professor Snavely.

Economics D2: Recent Economic Theory, with special attention to


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Page 178
problems in the distribution of wealth. Given in alternate years with Economics
D1. Professor Snavely.

Economics D3: A Course of Research in Economic Theory: Hours to
be arranged.