UNIVERSITY OF FLORIDA A departmental major in Economics in the College of Arts and Sciences must include ES. 205 and ES. 206, ES. 321, ES. 327, and ES. 407 and ES. 408, and from 6 to 14 elective hours in ES. courses approved by the Departmental Adviser. Courses numbered 300 and higher are open only to students with junior standing. Note, however, specific prerequisites for certain courses. ES. 203.-Elementary Statistics. 3 hours, and 2 hours laboratory. 4 credits. Prerequisite: C-42 or equivalent. Offered 1, 2, 3. The statistical method as a tool for examining and interpreting data; acquaintance with such fundamental techniques as find application in business, economics, biology, agriculture, psychology, sociology, etc.; basic preparation for more extensive work in the field of statistics. ES. 205.-Basic Economics. 3 hours. 3 credits. Offered 1, 2, 3. Introductory course in economics designed primarily to meet the requirements of University students who feel the need for a workable knowledge of the economic system. Emphasis is placed on analysis and description of the more important economic organi- zations and institutions which, in their functional capacities, constitute the economic order. Economic principles and processes are explained, especially those relating to an understanding of value, price, cost, rent, interest, wages, profit, money, banking, com- merce, foreign exchange, foreign trade and business cycles. The first term is devoted largely to the study of economic organizations and institutions and to the principles governing value and price. ES. 206.-Basic Economics. 3 hours. 3 credits. The second half of the course ES. 205-206. Offered 1, 2, 3. ES. 208.-Economic History of the United States. 3 hours. 3 credits. Of- fered 1, 2, 3. The industrial development of America; the exploitation of natural resources; the history of manufacturing, banking, trade, transportation, etc.; the evolution of industrial centers; the historical factors contributing to the growth of the United States. ES. 210.-Machine Technology in American Life. 3 hours. 3 credits. Of- fered 2. Shift from agrarian to industrial economy; development of machine technology and mass production; finance capitalism; impact of technological change on cultural pattern; class stratification and conflicts; relation of technology to nationalism and internationalism. ES. 246.-The Consumption of Wealth. 3 hours. 3 credits. Offered 1, 2, 3. An economic analysis of the problems involved in determining the extent and trends of consumer demand and in the adjustments of productive processes to that demand. ES. 296.-Industry and Trade of Latin America. 3 hours. 3 credits. Of- fered 1. The industrial importance of the several Latin American countries viewed in the light of their economic background. Attention is devoted to the development of the in- dustries of each country, the volume and types of exports and imports as well as the trade practices and customs of these countries. ES. 305.-Economics of Mobilization. 3 hours. 3 credits. Prerequisite: ES. 205-206. Offered 1, 2, 3. An analysis of the economic aspects of the mobilization of the economy. The statement "Offered 1" means offered first semester; 2, second semester; 3, summer session.