CATALOG 1952-1953


 ES. 310.-Development of Modern Western Economy. 3 hours. 3 credits.
Offered 1.
 An analytical study of the economic development of Western Europe and of the
United States from the Commercial Revolution to the decline of British dominance in
the world economy.
 ES. 311.-Development of Modern Western Economy. 3 hours. 3 credits.
Offered 2.
 A continuation of ES. 310. From the incipient stage of U. S. leadership in the
world economy to the present.
 ES. 321.-Money and Banking. 3 hours. 3 credits. Prerequisite: ES.
205-206. Offered 1, 2, 3.
 A study of money systems and standards; of the factors determining the size
of the money supply with special emphasis on the role of commercial and central
banks and government fiscal policy; and of the relationship between money, prices,
production and employment.

 ES. 327.-Public Finance. 3 hours. 3 credits. Prerequisite: ES. 205-206.
Offered 1, 2, 3.
 Principles governing expenditures of modern government; sources of revenue; pub-
lic credit; principles and methods of taxation and financial administration as revealed
in the fiscal systems of leading countries.
 ES. 347.-Principles of Foreign Trade. 3 hours. 3 credits. Prerequisites:
ES. 205-206. Offered 1, 2.
 Fundamental principles of foreign trade; significance of geographic, economic,
social, and political influences; current practices and development in foreign trade;
products of international commerce, protective tariffs and other barriers to world trade;
tendencies in the foreign trade of the United States.
 ES. 351.-Elements of Transportation. 3 hours. 3 credits. Prerequisite:
ES. 205-206. Offered 1, 2, 3.
 General survey of the significance, characteristics, and major problems of intercity
transportation.
 ES. 369.-Sample Surveys: Principles and Applications. 3 hours. 3 credits.
Prerequisite: ES. 203. Offered 1.
 The principles and applications of statistical sampling in business, industry and
government; the advantages of large, small, random, and stratified samples; sampling
procedures, tests, and designs in current use; sample surveys in operation, administration
and costs.

 ES. 372.-Labor Problems. 3 hours. 3 credits. Prerequisite: ES. 205-206.
Offered 1, 2, 3.
 Labor problems; insecurity, wages and income; hours, sub-standard workers, in-
dustrial conflict; attempts to solve labor problems by employees; unionism in its struc-
tural and functional aspects; attempts to solve labor problems by employers; personnel
management, employee representation, employers' associations; attempts to solve labor
problems by state; protective labor legislation, laws relating to settlement of industrial
disputes.
 ES. 382.-Principles of Resource Utilization (Identical with GPY. 382).
3 hours. 3 credits. Offered 2, 3.
 A comprehensive review of the natural and human resources of the United States
followed by an intensive study of the wise and wasteful practices of exploitation and
utilization of these resources. A study of the human and economic significance of the
The statement "Offered 1" means offered first semester; 2, second semester; 3, summer session.