Business and Economics — Economics Business and Economics — Economics market associations, and trade problems facing underdeveloped countries. A (3) 312. International Monetary Systems—A course dealing with international money and monetary systems, foreign exchange, and some of the regional monetary arrangements, such as: IMF, dollar problem, IBRD W (3) 320. Money and Banking—The history of money and credit, the evolution of banking, the Federal Reserve System, and other banking problems and functions. Prerequisites: Accounting 201 and Economics 101. W S (4) 330. The Structure and Performance of U. S. Industry— The physical and competitive structure of U. S. Industries, and its theoretical and empirical relationship to industry conduct and performance. Emphasis on oligopoly, mergers and market power. Economic theory of public toward industry. Prerequisite: Economics 102. (Offered odd-numbered years.) S (3) 340. Labor Economics — Historical development and growth of unionism and labor legislation. Analysis of wages, wage theory, collective bargaining and labor-management relations. A (5) 350. Applied Matrix Algebra and Linear Programming— Matrices, vectors, linear programing, stochastic processes, multiple regression and input-output analysis. AWS (4) 351. Business Applications of Calculus—Elements of calculus as related to business and economics. Highly desirable for business and economics majors including those intending graduate study. Prerequisite: Economics 350. S (3) 361. Urban and Regional Economic Problems—Theory and analysis relating to the unique economic problems associated with urban growth and expansion, together with the developmental problems associated with specific regions of the nation. Diagnosis and prescriptions for curbing urban blight, poverty in both urban and rural areas, and the "metropolitan enigma." (Offered 1974-75 and even-numbered years.) W (3) 364. Natural Resources Economics—Analysis of public and private approaches to resource allocation, with special emphasis on public goods, i.e., forests, wilderness areas, minerals, watercourses. Describes the operation of the market system in the face of externalities and the need for planning and regulation. Discusses benefit cost analysis and the theories of property rights as applied to national resources management. The course is designed to serve both economics majors as well as students from other disciplines who require special training in management of the nations resources. It is an elective course in the interdepartments "Planning Emphasis" concentration. (Offered odd-numbered years. W (3) 375. Economic History of Europe—European economic history with emphasis on the emergence of capitalism and the Industrial Revolution. (Offered even-numbered years.) A (3) 386. Current Economic Problems—The application of economic principles to challenging problems, including population, natural resources, poverty, government policy. Prerequisite: Approval of instructor. (Offered odd-numbered years.) A (3) 417. Comparative Economic Systems—Capitalism, Socialism, Communism. S (4) 419. Economic Development—This course deals with the problems of industrializing the developing nations of the world with particular emphasis on Asia and Latin America. S (3) 430. Free Enterprise and Public Policy—Causal forces in the growth of large-scale business, government laws, intervention, regulation. W (4) 432. Taxation and Public Finance—Principles of taxation main revenues and expenditures of federal, state, and local governments; federal fiscal and monetary policies. A (4) 455. Introduction to Mathematical Economics and Economics—Introduction to the mathematics formulation and derivation of economic theory and empirical implementation of economic models. Prerequisites: Economics 101, 102, and 251. W (4) 480. Independent Study—Individual work or work in small groups, by arrangement, in special topics not included in the announced course offerings. Prerequisite: Approval of instructor. (Limited to 2 credit hours per quarter.) AWS (1-5) 252 253