1966-1967 Catalog

Page 112

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ECONO. ( l e o'

national payments, and exchange rates. National policies t o promote or restrict trade. Business practice in international trade and invest­ ment. Prerequisite: Economics 101 and 102. I 361 Monc-y and Banking 3 The nature and functions of money. Credit institutions. The rela­ tionship of money and bank deposits to th" national economy. Pre­ requisite: Economics 101. II a/y 1967-68 362 Public Fin ance 3 Public taxation and expenditure at the federal, state, and local levels. Types of taxes and expenditures. The budget. The public debt. Fiscal control of the business cycle. Prerequisite: Economics 101. II a/y 1966-67 364 Business Finance 3 See Busines Administration 364. II 4:l4 Govel'nment and Bu,�iness 3 A study of the relationship of government and business in the United States with special attention to governmental regulation of business. II aLy 1967-68 441 Statistical. Methods 3 Descriptive statistics: measures of position and d ispersion, propor­ tions, index numbers, and time series. Infere ntial statistics: estima­ tion and the testing of hypotheses by parametric and nonpara­ metric techniques. Regression and correlation analysis. I II 490 SeminlU' 1-3 Seminars on specifically selected topics in economics will be offered as circumstances warrant. Prerequisite: consent of the instructor. 496 Readings in the Evolution of Economic Tlwught :I A survey of the development of economic thought from ancient to modern times with emphasis on the period from Adam Smith to J. lVI. Keynes. This period includes: the classicists, the optimists, the socialists, the nationalists, and the historical and Austrian schools. Prerequisi te: Economics 101 and 102. II 497 Independ.ent Stmly 1 498 Independent. Study 2 499 Independ.ent Sttul·y :I Individual problems and assignments, conferences with instructor, and research report. 504 Mona.gel'ial EC()1wmics 3 Develops the ability to apply basic economic concepts to policy


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