120 STATE BOARD OF AGRICULTURE 



REPOET OF THE DEPARTMENT OF ECONOMIOS 



To the President: — 



Sir: — The following is the report of the Department of Economics 

 for the academic year 1923-24. The total number of enrollments in 

 the department for the year equalled 2,024 — distributed as follows: 



By terms: Fall, 727; Winter, 711; Spring, 500; Summer, 86. ■ 



By subjects : Economics, 1,858 ; Sociology, 166. 



The total number of hours taught during the year by members of 

 the department equalled 2,574, divided as follow^s: 



By terms: Fall, 836;. Winter, 778; Spring, 660; Summer, 300. 



By subjects: Economics, 2,394; Sociologj^, 180. 



The adoption of an Engineering Administration course by the college 

 authorities last year has added materially to the subjects given in this 

 department and to the number of teachers. The new subjects were as 

 follows : 



Eco, 32, Accounting; Eco. 41, Banking, Securities and Investments; 

 Eco. 42, Transportation ; Eco. 43, Bunners Law ; Eco, 50, Corporation 

 Finance; Eco. 51, Industrial Relations and Eco. 52, Business Cycles. 



The new course was first offered to the juniors of the class of ''24" 

 and received an encouraging number of elections. It has also been 

 chosen as the major line of study by a large proportion of the engineering 

 sophomore class so that it bids fair to become a very acceptable sort of 

 work in the engineering division. 



The place of economics in the applied science division has also been 

 widely extended. This has arisen through the fact that it is now a 

 major study for applied science students. New economic subjects taught 

 in this division for the first time this year are as follows : 



Eco. 3b, Accountancy; Eco. 21, Advanced Economics; Eco. 20, Economic 

 Problems, Eco. 18, Money and Banking; Eco. 19, Railroad Transporta- 

 tion ; Eco. 17, Monopolies and Trusts. 



During the year the subject of Farm Management has been associated 

 with the department of Economics, instruction in this line of study 

 being given to Juniors in the fall term and to short course and Federal 

 Aid students during the winter term. The extension work which had 

 been carried on for several years in Farm Management was discontinued 

 during this year owing to a lack of suitable help. 



Upon the reorganization of the Agricultural Division curriculum, 

 this year, the subject of elementary economics was advanced from the 

 fall term of the freshman year to the spring term of the second year. 

 This was done in order to decrease the time between taking the elements 

 and the election of the specialized courses in Economics as far as possible. 

 Courses known as Eco. 22, Marketing of Specialties; Eco. 23, Market 



