Untitled - eCommons@Cornell - Cornell University

120 ACADEMIC DEPARTMENT.
of the whole subject will be given, (b)
A course of lectures on
Business'"
"
The Relation of the State to will be given to the whole
class once a week. In this course the field of Economics is approached
from a different side so as to give the student a clearer view of the re
lations of Economics to the cognate sciences. During the third term
the course is continued by lectures introductory to the whole field of
Political Science, explaining the nature of Politics, Social Science,
and Finance and their relations to cognate sciences. The
Economics,
students in engineering, of whom the elementary course is required,
take in the spring term a course in Transportation, which is open to
other students also.
In the advanced courses the study of the historic development of
economic theories and of the relations between economic and philo
sophical speculation aims to give a thorough knowledge of the science
from the theoretic side, while other courses : Money, Credit, and Bank
ing with a History of Financial Legislation in the United States ;
Modern Industrial Organization ; Taxation, Public Credit and Fi
nancial Administration emphasize the practical side of the study.
The courses in the Industrial and Economic History
of Europe
and the United States and in Commercial Geography will supply a
much needed knowledge of economic facts with their causal relations.
In the course in Economic Legislation, a study of some economic
questions that are at present subjects of legislation, with the use of
bills actually before a legislature, and a comparative study of the laws
of other states and countries, will serve not merely to throw light
upon the subjects discussed, but also to explain why many laws on
such subjects seem so imperfect and to show the complex nature of
the task of the conscientious, trained legislator.
The course in Political Institutions by a study of the nature of the
State and a somewhat by detailed comparison between the chief sys
tems of government in Europe and the United States, with especial
reference to the practical working rather than to the mere letter of
the law, aims to give needed knowledge of these important facts, pos
sibly to suggest at times needed reforms in our own political practices,
and especially to develop habits of thinking in an unprejudiced way
on political questions. A special course is given to the subject of lo
cal and municipal government.
The course in the History of Political Ideas and those in Interna
tional Law and General Jurisprudence aim to give information of gen
eral interest and value to all thoughtful citizens, while the one dis
cussing Modern Questions in International Politics, besides helping to
make clear the political relations of modern states, may afford also
present day
illustrations of political principles in action.