1910-1911 Academic Catalog

CEDARVILLE COLLEGE. DRAWING. PRo~·tsSOR LANNING. 12. l\•IECHANIC,\L-l\fechanical Drawing and Descriptive Geom– etry comprise the work. Required of Freshmen in the Engineering Course. Elccti,,e for others. Four hours a week througliout the year. ECONOMICS, PRon:ssoR ALLEN. 13. PR1NCIPLF.S OF EcoNOM1cs--Production, exchange, distribu– tion, and consumption arc taken up, and such subjects as labor, cap– ital, association, money, credit, commerce, collectivism, cOOperation, wages, interest, and profits are carefully considered. The text is Gide. Required of Seniors in the Collegiate Courses and of Sopho– mores in the Engineering Course. Three hottrs a week, first se– mester. 14. PRACTICAL ECON0:-.11cs-Economic principles are reviewed with special reference to practical affairs and problems. The text is Ely's Outlines of Economics. Elective for Sophomores, Juniors, and Seniors. Three hours a week, first semester. 15. TRUSTS AND l\'foNOPOI.IF,S-The theory of monopoly and the practical operation and economic effects of trusts are made the subject of investigation. T he texts are Ely's Monopolies and Trusts and Jenks' Trust Problem. Electi,•e for Sophomores, Juniors, and Seniors. Three hours a week, first semester. 16. LABOR PROBLF. :o.ls- Trades lmions, employers' associations, strikes, arbitration, child labor, and similar topics are considered. The text is Adams and Sumner's. Required of Sophomores in the Engineering Course. Electi\'e for Sophomores, Juniors, and Sen– iors. Three hours a week, seco11d semester. 17. FINANCF. AND BANKING-This course includes a discussion of the nature and origin of money, the principles of finance and the theory and practice of banking. The text is \Vhite's Money and Banking. Elective for Sophomores, J uniors, and Seniors. Three ho11rs a week, second semester. 18. EcoNOMIC HISTORY OF THI:: UNITF.D STATES-This course describes the economic evolution of the United States from the agri– cultural stage in colonial times to the highly complex industrial society of the present time. The text is Bogart's. ,Elective for -45 -