INTRODUCTORY The courses in this Department are designed to meet the needs of three types of students: First, students who are preparing to teach educational courses in normal schools, colleges, and universities may here specialize and carry on research work leading to the Doctor's degree. Second, students who are preparing to do practical work along the lines of school supervision and administration may secure through these courses training in the methods of scientific investigation of educational problems which will prepare them to take up their practical situations and formulate their reports in the light of the best current practices. Administrative officers are thus trained to organize schools in a scientific way. Third, students who have specialized in other departments, such as history, mathematics, science, etc., and are intending to use training in these special departments for purposes of instruction in secondary schools or higher institutions may secure in general courses in education that acquaintance with school organization and school problems which will aid them in formulating the material in their specialties. The graduate department in education is equipped with laboratory facilities of a special type to carry on investigations in experimental education and in psychopathology. For the latter purpose a special laboratory has been set aside and connections have been established with various organizations in the city which supply to this laboratory enough clinical material to give students practical experience. In addition to these special laboratories the Department of Education is in a position to utilize the laboratory schools of the School of Education for purposes of tests, experimentation, and observation. The laboratory schools include a kindergarten, primary school, and secondary school of sufficient size and variety of courses and organization to give opportunity for complete observation of school work. In addition the undergraduate department is conducted in such a way as to contribute to the training of students who are to teach either in normal schools or in college departments of education. The undergraduate department thus constitutes from the point of view of the graduate department an additional laboratory for educational research. The records of the University are also accessible at all times to students who are carrying on investigations with regard to scholarship in different institutions. Students may not enter upon graduate work in education unless they have completed introductory courses of an undergraduate grade. Three such introductory courses will be required of all candidates for advanced degrees in this Department. If these courses have not been taken in the undergraduate course of the candidate, additional majors to cover the deficiency will be required for the degree. Fellowships are available in the Department, but in general these can be awarded only to candidates who have completed one year of graduate work. Scholarships are available for candidates of high grade who are candidates for the Master's degree. The advanced degrees conferred in the Department are the Master's degree and degree of Doctor of Philosophy. The theses required for these degrees may be either historical, statistical, or experimental, but in general a requirement will be imposed for both Master's and Doctor's degrees that these theses represent ability to carry on independent research work. Candidates for the Master's degree should secure from the office of the Department mimeographed directions concerning the preparation of Masters' essays in this Department. For a complete statement concerning the opportunities afforded by the School of Education the reader should secure the annual announcement of that division of the University, a copy of which will be sent upon request. The Department of Education is a department in the College and Graduate School of Arts and Literature, and in the College of Education. For a description of the courses offered in the Department see pp. 394-424 of this Register. II. THE DEPARTMENT OF POLITICAL ECONOMY OFFICERS OF INSTRUCTION JAMES LAURENCE LAUGHLIN, PH.D., Professor and Head of the Department of Political Economy. LEON CARROLL MARSHALL, A.M., Professor of Political Economy; Dean of the ROBERT FRANKLIN HOXIE, PH.D., Associate Professor of Political Economy. JOHN BENNETT CANNING, Assistant in Commerce. FRED. MEYRLE SIMONS, A.M., Assistant in Industrial Organization. LEWIS HENRY HANEY, PH.D., Professor of Economics, University of Texas (Summer, 1914). ARTHUR JEROME BOYNTON, A.M., Associate Professor of Economics, University of Kansas (Summer, 1914). JOHN MAURICE CLARK, A.M., Associate Professor of Economics, Amherst College (Summer, 1914). PAUL TERRY CHERINGTON, A.M., Assistant Professor of Commercial Organization Harvard Graduate School of Business Administration (Summer, 1914). JOHN FRANKLIN EBERSOLE, A.M., Assistant Professor of Economics, University of Minnesota (Summer, 1914). FELLOWS, 1914-15 HOMER HOYT, A.B. WILLIAM WALLACE BUTLER, S.B. • Resigned. Absent on leave. FRIEDA SEGELKE MILLER, A.B. INTRODUCTORY The work of the Department is intended to provide, by symmetrically arranged courses of instruction, a training in various branches of economics. The chief aims of the instruction will be to give the power to think in the subject, to teach methods of work, to foster a judicial spirit, to cultivate an attitude of scholarly independence, and to train men to become useful citizens. Undergraduate students who take their principal sequence in Political Economy should choose the social science sequence as their secondary sequence.1 The principal sequence is to be made up of (a) the elementary courses 1 and 2 if these courses have not been taken in the social science sequence, (b) not fewer than three majors from the group of intermediate courses, and (c) not fewer than three majors from the group of advanced courses. Candidates for the higher degrees may not offer the elementary courses for graduate credit. Intermediate courses confer half credit for purposes of higher degrees. In the first quarter of his candidacy for either of the higher degrees, in case Political Economy is chosen as the principal subject, the student must furnish satisfactory evidence of preparation in allied subjects. Candidates for the Master's degree should file with the Departmental Examiner, on or before the opening of their first quarter of residence, a complete statement of the work they intend to offer. The Examiner will submit this schedule to the Department for approval. Candidates for the degree of Ph.D., taking Political Economy as a principal subject, should offer as a foundation the subjects covered by courses 9, 12, 13, 14, 15, and 16; and the remaining subjects, together with the research work, should be early determined upon in consultation with the Department. The major work demands two-thirds of the time usually required for the doctorate. The nine majors required of those taking Political Economy as a secondary subject should include a study of Economic Theory. COURSES OF INSTRUCTION I. ELEMENTARY COURSES 1, 2. Principles of Political Economy.-General introduction to the study of Political Economy. Courses 1 and 2 together are designed to give the students an acquaintance with the working principles of modern Political Economy. The general drill in the principles cannot be completed in one quarter; and the Department does not wish students to elect course 1 who do not intend to continue the work in course 2. Descriptive and practical subjects are introduced as the principles are discussed, and the field is only half covered in course 1. Prerequisite: nine majors. Course 1.-Mj. Summer; Autumn, 4 sections; Winter, 2 sections; Spring, 3 sections. PROFESSOR MARSHALL, ASSOCIATE PROFESSORS WRIGHT AND FIELD, MR. MOULTON, and Mr. Course 2.-Mj. Summer; Autumn, 2 sections; Winter, 4 sections; Spring, 2 sections. PROFESSOR MARSHALL, ASSOCIATE PROFESSORS WRIGHT AND FIELD, MR. MOULTON, and Mr. 1 The social science sequence comprises the following courses, History 1, 2, 3, being prerequisites: Political Economy, 1, 2; Political Science, 1; Psychology. 1; Social Origins or Introductory Sociology: Logic or Ethics. II. INTERMEDIATE COURSES Political Economy 1 and 2 are prerequisites for all intermediate courses. Intermediate courses confer but half-credit as graduate courses. 3. Money and Banking.-This course is designed to prepare the student for the advanced courses in Money and in Banking; and as such it is mainly descriptive and historical. The descriptive material is presented first, and the historical study is then made to bear directly upon the development of present forms of organization. The monetary system of the United States is treated in detail. except in relation to prices, and the systems of the principal commercial countries of the world are outlined. The organization of banking and credit in the United States is studied with care, with especial emphasis upon the principles of banking operations and accounts. The salient points of foreign banking systems are presented. The course does not take up problems of banking legislation or of reorganization of our banking and credit. Mj. Summer, ASSOCIATE PROFESSOR BOYNTON; Winter, 9:15; Spring, 10:45, MR. MOULTON. 4. Labor Conditions and Problems.-This course treats of the genesis of the wage-working class and of its legal and industrial status under modern capitalism. It aims to deal concretely with existing conditions and problems of laborthe current rates of wages, and standards of living of the workers, modes of wage payment, hours of labor, conditions of sanitation and safety, industrial accidents and diseases, unemployment and superannuation, legal protection, etc. It intends to give the student a basis for judicious consideration of the solutions of labor problems offered by trade unionism, socialism, and current reform projects. Mj. Autumn, 10:45; Spring, 11:45, ASSISTANT PROFESSOR HAMILTON. 5. Business Organization. A general survey, historical, descriptive, and analytical, of the modern organization of industry. The course is designed to serve as an introduction to the advanced courses in the business field. Mj. Autumn, 8:15, MR. SIMONS; Spring, 8:15, PROFESSOR MARSHALL. 6. Introductory Accounting.-This course is intended to furnish a general introduction to the work in accounting. It seeks first to acquaint the student with the theory and nature of accounts, the principles being presented through the actual transactions of bookkeeping. The student is then introduced to the more general features of accounting for retail businesses, wholesale businesses, partnerships, and corporations. Mj. Summer, 8:00; Autumn, 2:30, MR. DUNNE. 7. Economic History of the United States.-This course is intended to give the student who cannot devote more time to the subject a general survey and also to furnish a background for those who take special courses in the general field. It aims to show the manner and extent to which economic forces have determined the history of the country, to point out how the actual operation of economic principles is illustrated by this history, and aid in the solution of our present-day problems. Among the topics to be taken up are: a brief survey of colonial industry, the economic aspects of the Revolution, early commerce and manufacturing, the settlement and development of the West, the public land system, internal improvements and the growth of transportation facilities, economic aspects of slavery and the Negro problem, immigration, the merchant marine, our insular possessions and their economic problems. Especial attention will be given to the growth of manufactures and related topics, such as the distribution of industries, the development of our resources, the conditions which have led to manufacturing efficiency, the "American invasion of Europe," and the industrial transformation of the South. Industrial changes in Europe and elsewhere, such as have had important influence on America, will be briefly touched upon. Mj. Spring, 9:15, ASSOCIATE PROFESSOR WRIGHT. 8. Public Finance.-This course is designed both to serve as an introduction to the more advanced courses in taxation, and to give the student who cannot devote more than a quarter to the subject a survey of the entire field of public finance. The topics treated include, therefore, public expenditures, budgetary legislation, the management of public domains and of government industries, taxation, and public debts. About one-half of the time is given to the subject of taxation. The application of the principles involved in public finances is shown by illustrative material drawn from reports of administrative bodies, from court decisions, and from other public documents. Attention is confined chiefly to American practice, but British and Prussian experience is referred to in considering the income tax. Mj. Spring, 10:45, ASSISTANT PROFESSOR HAMIL TON. 9. Introduction to Statistics.-This course is designed to give to students without previous training in statistics a general familiarity with elementary statistical methods. The topics studied include the sources and collection of statistical data, census and registration methods, accuracy and approximation, the several forms of average and their appropriate uses, index numbers, and the graphic and tabular presentation of results. So far as possible the principles which are formulated are applied, in laboratory practice, to actual economic and social problems. In all cases emphasis is placed on the importance of critical discrimination in dealing with data, methods, and the interpretation of results. Mj. Autumn, 9:15; Spring, 9:15, ASSOCIATE PROFESSOR FIELD; Winter, 8:15, MR. CANNING. 10. Elements of Law.-Outline of legal relations; history and theory of sources of law; the system of common law. For Senior and graduate students. See Political Science 10. Mj. Autumn, 2:30, PROFESSOR FREUND. III. ADVANCED COURSES GROUP I. THEORY AND METHOD References to courses in other departments are indicated by Roman numerals: IA= Psychology; III=Political Science; IV = History; VI=Sociology; XXIA=Geography. 12. Value. A critical and constructive study of fundamental theory based upon the work of leading economic schools and writers both classical and modern. Prerequisite: 4Mjs. in the Department. Autumn, 8:15, ASSISTANT PROFESSOR HAMILTON; Summer, 1:30, PROFESSOR HANEY. 13, 14. Distribution of Wealth.-The more abstruse questions of distribution will be considered. No student, therefore, can undertake the work of this course with profit who has not already become familiar with the fundamental principles. Students are asked to attempt, in a constructive thesis, the determination of the principles regulating wages, interest, rent. The subjects to be considered will be as follows: the wages-fund and other theories of wages, the interest problem, managers' profits, and allied topics. The discussion will be based upon selected passages of important writers. Students will also be expected to discuss recent important contributions to these subjects in current books or journals. Prerequisites: courses 1, 2, 12. 2Mjs. Winter and Spring, 11:45, PROFESSOR LAUGHLIN. 15, 16. History of Political Economy. This course treats of the genesis and development of economic concepts, methods, principles, and policies; in short, of the development of Political Economy as a systematic body of scientific and practical doctrine. Attention is given throughout to the determining factors of economic thought as found in industrial conditions and in general political and social philosophy. The students are expected to make use so far as possible of primary sources. Prerequisites: courses 1, 2, 12. 2Mjs. Winter and Spring, 10:45, ASSISTANT PROFESSOR HAMILTON. 20. Population, the Standard of Living, and Eugenics.-A study of the interrelation between economic conditions and the numbers and quality of the population. Past opinions and policies in regard to population are utilized as a historical background for the investigation of such present-day phenomena as the reaction of the standard of living upon the birth-rate, the eugenics movement, and the concentration of population in great cities. The consent of the instructor is required for admission to the course. Mj. Spring, 8:15, ASSOCIATE PROFESSOR FIELD. |
