I. 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.) Adjunct
Professor Snavely and assistants.
Economics B2: Statistics and Accounting: Economics B1 prerequisite,
but may be taken concurrently. First term: Statistics: Statistical method,
including the collection of material, sources, making of schedules, tabulation,
diagrammatic and graphic presentation, averages, correlation, index
numbers. Second and third terms: Accounting: Technique and science,
nature and classifications, debit and credit, property accounts showing assets
and liabilities and those showing profit and loss, "mixed accounts,"
inventories, adjustments, statements and balance sheets.—(B.A. or B.S.
credit, 3 session hours of electives-at-large.) Adjunct Professor
Snavely
and Mr.
Carruthers.
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. Adjunct 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.
Adjunct Professor Snavely.
Only one of the courses, Economics C1 and C2, will be given in any
one session.
Economics C3: Money and Banking and International Trade: 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 accounts, national banking system and the Federal Reserve System,
government financing. Third term: International Trade: Sources of
raw materials and important commodities, shipping, trade agreements, commercial
treaties, tariffs, international exchange, reconstruction problems.—
Adjunct Professor Snavely.
Economics C4: Business Organization: Economics B1 and one other B
course in Group IV, prerequisite.—Forms of business organization, growth
of corporation, corporation laws of different States, sources of capital, different
kinds of stocks and bonds, borrowing power of corporations, profits
and distribution of earnings, use of surplus; governmental restrictions on
business and industry; problems of the war and of reconstruction.—Hours
by appointment. Adjunct Professor Snavely. Omitted in 1920-1921.
Economics D1: A Course of Research.—Adjunct Professor Snavely.
