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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, discussions and
written tests. (B.A. or B.S. credit, 3 session-hours.)

Professor Snavely, Mr. Biscoe, Mr. Pilcher and Mr. Gruchy.

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 and Mr. Williams.

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

Professor Kincaid and Mr. Dietrich.

Note: The following courses, primarily for graduates, may be taken by
advanced undergraduates with the permission of the instructor.

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 and Mr. Biscoe.

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

An intensive study of foreign currency and banking systems, and the Federal
Reserve System, and cyclical fluctuations in business.

Professor Kincaid and Mr. Rudolph.

Economics C8: Economic Evolution in Western Europe: Economics
B1 and one other course in the School of Economics or School of Commerce
prerequisite.