42 17. Elementary Statistics. Collection and classification of data; calculation of averages and deviation; construction of drafts, charts, and tables. Required of all majors in Business Administration. Prerequisites: Economics 3 (or Business 17 to be taken concurrently with Economics 3.) Three quarter hours. Spring. DeLange 21. Calculators. Training in the operation of Burroughs, Comptometer, Marchant, Monroe, Adding and Ten-Key Listing Machines with special emphasis on the Key-driven Calculators. Two quarter hours. Autumn, Winter, Spring. Staff *Retailing 70. Principles of Retailing. An introductory course in the fundamental priniciples of economics, marketing, and business ethics. Three quarter hours. Autumn. Staff 71. Retail Selling. A study of the psychology of selling, personality building, and selling principles. Four quarter hours. Autumn. Staff 72. Problems in Retailing. A study of store arithmetic, stock control systems, store layout, and merchandise problems. Three quarter hours. Winter. Staff 73. Merchandise Information. A non-textile information course for students interested in studying and analyzing merchandise from its origin, through its manfacturing processes. Five quarter hours. Winter. Staff 74. Application of Merchandise Information. A course to assist each student in gathering information for the writing of a merchandise manual. Group work one day a week. One quarter hour. Winter. Staff 75. Retail Merchandising. A study of the problems involved in buying and selling. Four quarter hours. Spring. Staff 76. Cooperative Merchandise Laboratory. Work experience on the job in local retail, wholesale, and service establishments. Fifteen clock hours a week required. Minimum wages paid while on the job. Three quarter hours. Autumn, Winter, Spring. Staff 77. Retail Personnel Management. A study of the current legislation effecting the employee and employer. One quarter hour. Spring. Staff 79. Consumer Problems. A symposium course designed to give the student an understanding of the scope and importance of the consumer movement. Five quarter hours. Spring. Staff *Not Given 1950-51. 43 DEPARTMENT OF ECONOMICS *O. M. Clark, H. C. Bateman, J. R. Foulger, G. H. Hurst, E. M. Vietti, E. C. Larsen. A student majoring in Economics should complete Economics 1, 2, 3, 4, and Business 1, 2, 3, and 7. COURSES OF INTRUCTION Economics 1. Principles of Economics. Basic institutions of our economy, production of goods, some problems of capital and labor in production, security and standards of living, and consumption of goods. Three quarter hours. Autumn, Winter, Spring. Staff 2. Principles of Economics. Some problems of money, banking, and price levels, international trade, government finance and economic policies, and other economic systems. Prerequisite: Economics 1. Three quarter hours. Winter, Spring. Staff 3. Principles of Economics. A continuation of Economics 2. The value and price of goods, and distribution of income to the factors of production. Three quarter hours. Spring. Bateman 4. Economic History of the United States. Development of resources, commerce, agriculture, manufacturing, finance, etc., down to the present time. No prerequisite. Five quarter hours. Autumn, Spring. Bateman, Clark 7. Economic Geography. Resources, production, commerce, and economic conditions of the various areas of the earth. No prerequisite. Five quarter hours. Winter. (May not be given 1950-51). Clark 8. Personal Finance. A study of the economics of consumption, personal finance and budgeting, and intelligent spending and investing of one's income. Three quarter hours. Spring. Clark 9. Current Economic Problems. A course dealing with present problems of employment, security, price bonds, and government policies. Three quarter hours. Spring. Clark 81. Industrial Economic Problems. A course dealing with current problems confronting labor, management, and government as they affect individuals entering the skilled labor groups. Three quarter hours. Autumn, Winter, Spring. Larsen *On leave of absence.