Business and Economics — Economics Business and Economics — Economics 305. Managerial Economics—Introduction to Managerial Economics with emphasis on the logic of choice with respect to alternative uses of scarce resources. Relationship of traditional micro-economic theory to management problems of supply and demand, production, and distribution. Prerequisites: Economics 101 and 102. A (3) 309. History of Economic Thought—The major concepts and contributions of the scholars of the past in economic doctrine and interpretations. S (4) 311. International Economics—A course designed to acquaint students with economic relationships among nations. Areas of study will include pure theory of trade, common 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. A 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 policy toward industry. Prerequisite: Economics 102. (Offered 1971-72 and alternate 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 Programing— Matrices, vectors, linear programing, stochastic processes, multiple regression and input-output analysis. Prerequisite: Economics 251. A W S (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) 360. Economic Geography—Besources, production, com merce, economic problems of major areas of the earth. (See Geography 336.) S (5) 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. Diagnoses and prescriptions for curbing urban blight, poverty in both urban and rural areas, and the "metropolitan enigma." (Offered 1971-72 and alternate years) W (3) 375. Economic History of Europe—European economic history with emphasis on the emergence of capitalism and the Industrial Revolution. A (4) 386. Current Economic Problems—The application of economic principles to challenging problems, including population, natural resources, poverty, government policy. Prerequisite: Approval of instructor. W (3) 417. Comparative Economic Systems—Capitalism, Socialism, Communism. W (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. A S (4) 432. Taxation and Public Finance—Principles of taxation; main revenues and expenditures of federal, state, and local governments; federal fiscal and monetary policies. W (4) 455. Introduction to Mathematical Economics and Econometrics—Introduction to the mathematical formulation and derivation of economic theoiy 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.) A W S (1-5) 499. Seminar in Economics—Required of all economics majors in their senior year. Students will be expected to present a paper on an approved economic topic of current interest, demonstrating their ability to employ the tools of economic analysis. Prerequisite: Approval of instructor. A S (2) 236 237