~EGULAR SESSION - University of Oregon

148 COLLEGE OF LIBERAL ARTS
programs may be obtained in the department office. For the subject-preparation
requirements for the teaching of social studies in Oregon high· schools, see pages
128-129.
Honors. See HONORS COLLEGE, pages 120-123.
Graduate Work in Economics. The Department of Economics offers graduate
work leading to the degrees of Master of Arts, Master of Science, and Doctor
of Philosophy. For the general requirements see GRADUATE SCHOOL, pages 107-113.
A candidate for the Ph.D. degree in economics must select four fields for
concentrated study, including economic theory, and must pass a written comprehensive
examination in each field and an oral examination covering the four fields.
One field may be in another department or school of the University. A working
knowledge of statistics is required for admission to candidacy for the degree.
A candidate for the Ph.D. degree in another discipline may present a field of
economics as a cognate subject, provided he has had proper preparation, including
a background in economic theory, to support the field of special interest.
LOWER-DIVISION COURSES
Ec 201, 202, 203. Principles of Economics. 3 hours each term.
Principles that underlie production, exchange, distribution, etc. Special section
for Honors College students. Prerequisite: sophomore standing. Allen,
Bierwag, Campbell, Kleinsorge, Koplin, Smith, Wattles.
UPPER-DIVISION COURSES
Ec 318. Money and Banking. 3 hours fall.
Operations of commercial banks, the Federal Reserve System, and the Treasury
that affect the United States monetary system. Prerequisite: Ec 201, 202,
203 or consent of instructor. Grove.
Ec 319. Public Finance. 3 hours winter.
Principles and problems of government financing. Expenditures, revenues,
debt, and financial administration. Prerequisite: Ec 201, 202, 203 or consent
of instructor. Grove.
Ec 320. International Finance. 3 hours spring.
The nature of foreign-exchange markets; techniques of international payments;
exchange rates and their determination; problems of an international
monetary standard; international banking facilities; economic aspects of
major international organizations. Prerequisite: Ec 201, 202, 203 or consent
of instructor. Grove.
Ec 375, 376, 377. Economic Theory. 3 hours each term.
Systematic study of the concepts and methods of current economic analysis.
with special atttention to the neoclassical school. Includes work in the fields of
value and distribution, fluctuations, employment, etc. Required of all majors.
Prerequisite: Ec 201, 202, 203. Bierwag, Campbell, Koplin.
Ec 401. Research. Hours to be arranged.
Ec 405. Reading and Conference. Hours to be arranged.
UPPER-DIVISION COURSES CARRYING GRADUATE CREDIT
Ec407. Seminar. (g) Hours to be arranged.
Ec 411,412,413. Monetary and Banking Theory. (G) 3 hours each term.
Analysis of the nature of money, effects of changes in the money supply,
monetary controls used by the Federal Reserve System and the Treasury,
international repercussions of domestic monetary policies, international banking
agencies; critique of various monetary policies. Prerequisite: Ec 201,
202, 203. Siegel.