CATALOG 1952-1953 ES. 454.-Principles of Public Utility Economics. 3 hours. 3 credits. Pre- requisite: ES. 205-206. Offered 1. The nature, place and development of public service corporations; types of public control; valuation and rate making; regulation of service, accounts, reports, and securi- ties; combinations; public relations; public ownership. ES. 466.-Economic Statistics. 3 hours. 3 credits. Prerequisite: ES. 203. Offered 2. The problem of time series; methods of measuring trend, seasonal and cyclical movements; index number construction and utilization; simple correlation; reliability and significance of commonly used statistical measures; business charts and graphs; brief consideration of business forecasting. ES. 468.-Economic History in the Making. 3 hours. 3 credits. Offered 2. The era of industrialism; contemporary economic organization; types of economic reform; special consideration of current social and economic problems in England, France, Germany, Soviet Russia, and the United States. ES. 469.-Business Cycles and Forecasting. 3 hours. 3 credits. Prerequi- site: ES. 203. Offered 1. Mathematical and statistical theory of the relationships of important variables in the business cycle, such as profits, the price level, wages, national income, employment, savings and investment. Application of this theory to business forecasting and problems of governmental control. ES. 475.-Wage Theory and Practice. 3 hours. 3 credits. Offered 2. A study of the theoretical aspects of wages and wage determination and their rela- tionship to production, distribution, and employment. ES. 476.-Government in Relation to Labor. 3 hours. 3 credits. Offered 1, 2. Factors influencing government's approach to labor problems; labor legislation; wages and hours laws; accident and safety problems; child labor control; government and collective bargaining; political actions of unions. ES. 477.-Problems in Federal Finance. 3 hours. 3 credits. Prerequisite: ES. 327. Offered 1. Economic effects of public expenditure; war finance; personal income and estate taxes; corporate income and profits taxes; excise taxes; debt problems. ES. 478.-Problems in State and Local Finance. .3 hours. 3 credits. Pre- requisite: ES. 327. Offered 2. Allocation of functional responsibility; property taxation; sales taxes; highway finance, business taxation; supervision of local finance. Emphasis on Florida problems. ES. 483.-Geography of Transportation. 3 hours. 3 credits. Patterns of world transportation by regions, routes and terminals-land, water, and air. Natural and cultural reasons for their development. Areas of traffic origination and termination; amounts and types of traffic carried. Economic and political signifi- cance of routes and commodity movements. Emphasis on U. S. national and interna- tional transportation routes and traffic with particular reference to Florida. ES. 485.-International Economic Relations. 3 hours. 3 credits. Offered 2. The development of international economic policies; geographic, economic, social, and political factors underlying contemporary international problems; economic and political methods employed by the leading commercial nations to expand their economic interests. The statement "Offered 1" means offered first semester; 2, second semester; 3, summer session.