168 / FIELDS OF INSTRUCTION Prerequisite: FI 420. Monopoly and competition as applied to banking; bank organization and structure, adequacy of bank capital, problems of asset manage- ment and of providing successor management. FI 622-SEMINAR IN INVESTMENTS. 5 credits Prerequisite: FI 524. Individual research and group discussion employing ma- terials available from publications and reports by governmental agencies and groups in the industry. FI 625-MONEY AND CAPITAL MARKETS. 5 credits Prerequisites: ES 521, college-level mathematics, and statistics. Financial markets, with emphasis on flow of funds, interest rate determination, and allocation of resources. FI 627-PROBLEMS IN CORPORATION FINANCE. 5 credits Prerequisites: FI 326 or FI 590; FI 528. The firm's cost of capital and of the utilization by the firm of its cost of capital in its investing and financing decisions. FI 628--CENTRAL BANKING POLICIES AND PROBLEMS. 5 credits Prerequisite: FI 321 or ES 321. The functions, powers, and policies of central banks, the changing role of central banks in the economy. FI 629-INTERNATIONAL FINANCE: MONETARY SYSTEMS. 5 credits Prerequisite: FI 321 or ES 321. International monetary systems, post-World War II international monetary problems, and attempts at reconstruction. FI 630-INDIVIDUAL WORK IN FINANCE. 1 to 5 credits Prerequisites: Permission of the department and of the Director of Graduate Studies. Reading and/or research in finance as needed by graduate students. May be repeated with change of content up to a maximum of 10 credits. FI 662-SEMINAR IN LIFE INSURANCE. 5 credits Prerequisite: FI 462. Problems in life insurance and related fields. FI 665-SEMINAR IN PROPERTY AND LIABILITY INSURANCE. 5 credits Prerequisites: FI 365, FI 366. The meaning, economic influences, social values, principles and practices of property and liability insurance. FI 668-PROBLEMS IN RISK MANAGEMENT. 3 credits The insurance hazards of business concerns and governmental units, with con- sideration of insurance protection available. FI 691-FINANCE RESEARCH AND REPORTS. 2 credits Prerequisite: BA 690. Supervised preparation of a report on a topic of current interest in finance. Required of all candidates for the MBA with a finance con- centration. FI 697--SUPERVISED RESEARCH. 1 to 5 credits Credit not applicable toward degree. May be repeated. FI 698-SUPERVISED TEACHING. 1 to 5 credits Credit not applicable toward degree. May be repeated. FI 699-MASTER'S RESEARCH. 1 to 17 credits FI 799-DOCTORAL RESEARCH. 1 to 17 credits FOOD AND RESOURCE ECONOMICS (College of Agriculture) GRADUATE FACULTY 1971-72 TEFERTILLER, K. R., Chairman; ALLEGER, D. E.; BOUTWELL, W. K.; BROOKE, D. L.; BROKER, M. A.; CAKE, E. W.; CLARK, H. B.; CONNER, J. R.; Dow,