CMC Catalogs
1946:
"Dr. Gerald I. Jordan, Assistant Professor of Political Economy, received his doctor's degree at UC in public administration and public law.
"Stuart R. Briggs, Assistant Professor of Accounting, is a graduate of Brown Uni with graduate work in economics."
"The old term 'political economy' has been revived to express the broader approach used in this program."
FRESHMAN YEAR
History Ia, Ib: This course will survey thought and action in the western world from the earliest civilization to the present. The study of selected writings from the past together with recent historical analysis will seek to show the continuity of development in ideas and institutions throughout the period, and thus to promote an increased understanding of modern social and economic organization, political ideas and practices, and the influence upon thought of scientific and technological advances.
Political Economy, Ia, Ib: Comparative governmental and business systems: This course gives the student an opportunity to compare and contrast the major types of political-economic systems now existing in the world. The first semester is devoted to analysis of the American system of constitutional government and of free business enterprise. The second semester contrasts the individual liberty and controlled economy of England with the authoritarian government and socialized business system of Soviet Russia.
English, Ia, Ib:
Science, Ia, Ib:
Spanish, Ia, Ib:
SOPHOMORE YEAR
Political Economy, 51a, 51b: Economic Analysis: This course serves as an introduction to the methods of economic analysis as applied to fundamental problems of the business world.
Political Economy, 52a, 52b: Mathematics and Statistics: The first semester of this course is an introduction to those portions of higher mathematics necessary for the understanding of statistics and for advanced economic analysis. The second semester is an introduction to statistical methods as used in business and economic problems.
Spanish, 51a, 51b
English, 51a, 51b
Political Economy 53a, 53b: Accounting and Budgeting: Analysis of Theory and method of maintaining accounting records and budgeting controls in private enterprise and in governmental agencies. Emphasis will be laid on the fundamental principles of construction and interpretation of financial records.
JUNIOR YEAR
Political Economy, 131a, 131b: Industrial Relations and Personnel Management: Analysis of the underlying problems and practical techniques of approach to management-employee relations in industry and in the public service. This will include review of the main problems of Personnel Organization in Business and in Civil Service, Employment, Classification, Wage and Salary Administration, Performance Ratings, Collective Bargaining, Training and Testing. In each field, examples will be drawn from both private and public experience.
Political Economy, 133a, 133b, 134a, 134b: Problems of the American Political and Economic System: The introduction to American constitutional history will use to a large extent the case method of study. In each of the three specific problem courses, the methods of study of both business economics and political science will be used, and each problem field will be studied from the viewpoint of business management, the investor, labor, and government.
133a American Constitutional History: First Semester
133b Corporations and Public Utilities and their control: Second Semester
134a Money and Banking: First Semester
134b Property and Individual Rights: Second Semester
Political Economy 135a, 135b Advanced Accounting and Fiscal Control: Special problems of accounting, including income tax and cost accounting, will be considered.
Electives
During the Junior Year, students may select one elective from the list of courses in Pomona and Scripps Colleges given below or may take with faculty approval one of the courses offered in CGS.
SENIOR YEAR
Political Economy, 141a, 141b Business Cycles and Efforts to Control Them: This course is a thorough analysis of the greatest internal problem of American society, the control of major economic fluctuations. It will include historical, theoretical, and statistical analysis of the courses of cyclical fluctuations, study of their social effects, and study of the methods tried in the United States, Sweden, and elsewhere to reduce fluctuations. Special Attention will be given to the effect of economic changes on merchandizing and investment policies.
Political Economy, 152a, 152b: International Business and Political Relations: This course will include analysis of the forces governing international economic relations, including balance of payments, trade and quote agreements, and tariff walls. Problem of foreign markets and investments will be analyzed. Simultaneously the political forces governing international relations will be considered. In the second semester, one or more problem areas such as the Far East and Latin America will be intensely analyzed.
Political Economy, 153a: Administrative Organization in Business and Government: This course analyzes the problems of internal administrative organization as they appear both in government departments and in business corporations. Where necessary examples from military or other large-scale organizations will also be used. The latter part of the course will be devoted to problems of production engineering and analysis of business procedures.
Political Economy, 154a: Administrative and Business Law: This course analyzes the regulation of business by administrative tribunals, and the position of the courts as arbiters in business disputes. There is also a review of the basic principles of business law.
Political Economy, 155a, 155b: Honors Course, 1 year: If the student wishes to secure an honors degree, he will register in this course. Members of the faculty will give special supervision to the preparation of honors theses and preparations for honors examinations.
WORK EXPERIENCE
It is believe that, in a program of this type, practical experience is essential during the college years if the course material is to be adequately assimilated. Therefore students will be expected to work in some private enterprise or in some governmental agency during two or more summer vacations and to present, upon returning in the autumn, certification by the employer of the work performed. The school staff will aid in suggesting suitable positions. Exemptions from this requirement will be inadvisable, or when instructive travel or suitable research is presented as a substitute summer program.