Business and Economics — Economics Business and Economics — Office Administration 141. Labor Law—Labor economics with special emphasis on the role of government in labor-management relations. Prerequisite: Economics 6. S (3) Liechty 150. Business Fluctuations and Forecasting—Patterns and determinants of fluctuations in our economy over the years, and methods used in forecasting the level of economic activity. Prerequisites: Economics 6 and 42 or 51. (Same as Banking and Finance 150.) A W S (3) Hawkins, Timmins 152. Introduction to Mathematical Economics and Econometrics—Introduction to the mathematical formulation and derivation of economic theory and empirical implementation of economic models. Special topics including consumption and production theory, general equilibrium, input-output analysis. Prerequisites: Economics 42 or 51, 170, and 171. W (4) Chi 170. Intermediate Theory: Macro-Economics—Theory of general economic equilibrium, aggregate employment, inflation, depression. Prerequisite: Economics 6. A W S (4) Staff 171. Intermediate Theory: Micro-Economics—Equilibrium and price theory, economics of the firm. Prerequisite: Economics 6. A W S (4) Staff 172. 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. (May be substituted for Economics 171 with approval of Department Chairman.) Prerequisite: Economics 6. A (3) Chi, Iwamoto 181. 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. (Formerly Economics 180.) Prerequisite: Economics 6. A (3) Iwamoto, Liechty 182. International Economics—Continuation of Economics 181. Introduction of more advanced concepts of international trade with emphasis on the monetary theory of trade. Latter part of course will develop into individually guided research into appropriate regional specialization. Student papers will be delivered in final weeks of course. Prerequisite: Economics 181 or approval of Department Chairman. W (3) Iwamoto, Timmins 183. Economic Development—This course deals with the problems of industrializing the developing nations of the world with particular emphasis on Asia and Latin America. Designed especially for students of business, economics, and the social sciences. Prerequisite: Approval of Department Chairman. S (3) Iwamoto 186. Current Economic Problems—The application of economic principles to challenging problems, including population, natural resources, poverty, government policy. Prerequisite: Economics 6 or approval of Department Chairman. S (3) Staff 198. Directed Reading—Individual work or work in small groups, by arrangement, in special topics not included in the announced course offerings. Prerequisite: Approval of Department Chairman. A W S (1-5) * Staff 199. 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 Department Chairman. A S (2) Iwamoto Department of Office Administration and Business Education Bill S. Henrie, Chairman Associate Professors, Bill S. Henrie, Russell N. Stansfield, Assistant Professors, Olga B. Brown, Elaine A. Jarrett; Instructor, Margaret O. Bennett. The Office Administration curriculum is organized to assist students in becoming administrative assistants, office managers, secretaries or clerks. The four-year Bachelor of Science program trains for the "executive secretary," administrative assistant, office manager, and preparation for becoming a Certified Professional Secretary. For students not interested in obtaining a Bachelor of Science degree but desiring specific training, there are available the following programs: two-year Associate of Science, or Certificate of Completion, and the one- to six-quarter specialized program emphasizing any specific areas of business. The Business Education curriculum is organized for the training of teachers in the general field of business with a specialization in either secretarial training or accounting. Departmental Major in Office Administration—In addition to the general education requirements of the College and the core