UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Course Catalog - 1896-1897 [PAGE 153]

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ECONOMICS

149

2a. MONEY AND BANKING.—In this course a study of the history and functions of money is followed by a critical study of the monetary and banking history of the United States and of such- topics as the theory of prices, credit, government paper, etc. The method pursued is that of Economics 2, supplemented by lectures. Spring term, full study.

Professor KINLEY.

Required: Economics 1. (Not given in 1897-98.) 3. PUBLIC FINANCE.—The purpose of this course is the historical, comparative, and critical study of the methods and purposes of public expenditure, and of the different sources of revenue, and also the discussion of public debts, their placement, refunding, and redemption. Those who enter the course must take both terms' work. Graduate students will receive credit as such for the course, provided they have had Economics 1 and 2, or their equivalent, do additional reading assigned in Wagner, Cohn, Beaulieu, and other writers, and also prepare one extended paper, or two shorter ones, on topics connected with the course. Full and ivinler terms, three-fifths study. Professor

KINLEY.

Required:

3a.

Economics 1. (Not given in 1897-98.)

FINANCIAL HISTORY OF THE UNITED STATES—This course be-

gins with Hamilton's administration of the treasury. It deals with the growth and management of the national debt, and with the industrial expansion and the tariff history of the country. While the necessary logical separation is observed in the treatment of these subjects, their intimate connection is also emphasized and the economic development of the country as a whole is studied. The course may be taken as a graduate course on conditions similar to those laid down in 3. For graduate students the course will be purely investigative. They must, however, attend the lectures and report from time to time the results of their special investigations and summaries of their additional assigned reading. Fall and winter terms, three-fifths study. Professor KINLEY. Required: Economics 1.

4. STATE AND LOCAL TAXATION IN THE UNITED STATES.—This

course is a comparative study of taxation in the various states, and also in the cities so far as they present features of special interest. Special attention is given to taxation in Illinois. Those who take this course should take Political Science 8 at the same time; those in the Political Science group who are specializing in Economics must take it. Springterm, three-fifths study. Professor KINLEY. Required: Economics 1. 4a. TAXATION.—The theory of taxation, modes of taxation, inci-