Lycoming, the Alumni Bulletin V.19, No.1

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HISTOBY OF ECONOMIC THOUGHT. Discussion of the origins, development, and significance of the economic thought of civilized man. First semester covers the years from antiquity through the mid-nineteenth century. Second semester from that time to the present.
Prerequisite, Economics 1-2.
10. INTBODUCTION TO ECONOMETBICS. Econometrics consists of the mathe- matical formulation of economic theories and the use of statistical techniques to verify or reject the theories. Concerned with quantitative p
...redictions, measurement, and statistical tests of predictions.
Prerequisite, Economics 3-4, Statistics 1-2, Mathematics 1.
11-12. COMPARATIVE ECONOMIC SYSTEMS. The economic development and comparative analysis of contemporary economic systems, particularly capitalism, socialism, and communism.
Prerequisite, Economics 1-2, or consent of instructor.
13. INTEBNATIONAL TBADE. A study of the fundamental principles and theory, development and policies concerning international economic transactions, with particular reference to the United States.


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