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409. THE BUSINESS CYCLE. History and general nature of the busi- ness cycle; its causes and its relation to the economic process as a whole; possible remedies, public and private; source materials and current literature. Prerequisite, Economics 202. Three hours credit. 412. CURRENT ECONOMIC PROBLEMS. A survey of important economic problems such as money and banking, finance, labor, public utilities, international trade, business cycles, and other types of economic systems in their conflict with... Capitalism. Designed to permit the student of economics to apply economic knowledge to the appreciation and solution of contem- porary problems. Prerequisite, Economics 201-202. Three hours credit. 76 413. INTERNATIONAL TRADE. A study of the fundamental prin- ciples of international trade and foreign exchange. Topics include Ameri- can and foreign tariff histories, mercantilistic policies, commercial policies, balance of payments, exchange control and other currency problems, and a survey of the practical problems confronting the international trader, including the development of an international trade vocabulary.
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