 | The University of Virginia record March 15, 1921 |  |
II. Business Administration.
a. Courses in 1920-'21.
Economics B2: Elementary 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.) Associate Professor Eldred,
and Mr. Carruthers and assistants.
Economics B3: Advanced Accounting.—A continuation of Economics
B2, with particular reference to the corporation, costs, adjustments, depreciations,
and auditing. (B.A. or B.S. credit, 3 session-hours of electives-at-large.)
Mr. Carruthers.
Economics B4: Accounting and Cost Accounting.—A short course
dealing with the technique and science of accounting, the nature and classification
of accounts, the principle of debit and credit, property accounts,
loss and gain accounts, inventories, adjustments, statements, etc.; the elements
of costs with the principles and general methods of cost finding,
compiling of cost data, etc. Associate Professor Eldred (fall term; principally
for Engineering students).
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, arbitration,
profit sharing, and the like—as well as a consideration of the
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.
| The University of Virginia record March 15, 1921 | |