1971-1972 Academic Catalog

56 CEDARVILLE COLLEGE C. ECONOMICS 231, 232 PRINCIPLES OF ECONOMICS-W, Sp A study of fundamental economic principles as an aid in understanding our free enterprise system. An emphasis on such economic concepts as produc– tion, consumption, exchange, and price distribution. Five credit hours each quarter 331 MONEY AND BANKING-Sp Prerequisite: Economics 232 A study of the principles of money, credit, and banking; and the operation of the banking system. Four credit hours 332 LABOR ECONOMICS AND INDUSTRIAL RELATIONS-A Prerequisite: Economics 232 The rise and growth of organized labor in the American economy. In– dustrial unrest; its causes, manifestations, economic significance, and major attempts to remedy it. Five credit hours 333 BUSINESS STATISTICS-A An introduction to statistical methods as applied to the collection, pre– sentation, analysis, and interpretation of numerical data relevant to business operations. Five credit hours 334 HISTORY OF ECONOMIC THOUGHT-A Prerequisite: Economics 232 Principal figures in the development of economic ideas and the contribu– tion of each period of economic thought from the mercantilist to the present. 335 COMPARATIVE ECONOMICS SYSTEMS-W Prerequisite: Economics 232 Four credit hours A survey and comparative analysis of the economic institutions of Capital– ism, Socialism, Fascism, and Communism with individual research into the economic system of one country. Four credit hours