In the senior year the students discuss problems in human relations. Many of these problems, which are presented in written form by the students, consist of incidents which have taken place in the cooperative firms. Therefore the cooperative firms may be viewed as human relation laboratories, furnishing real and vital problems for the students.
The discussion groups provide an opportunity for the students to discuss and analyze these problems which now face them; and also problems which may face them later in their profession and their every day life.
Ind E 21 Industrial Management.
This course includes a study of the industrial plant, its design, layout, and equipment; organization, production control, time and motion study, standardization, cost finding and engineering economy studies. The object of the course is to present to the students some of the important principles underlying modern management methods.
Texts: Alford, “Cost and Production Handbook”; Grant, “Problems of Engineering Economy”.
Ind E 22 Industrial Management.
This course is similar to Ind E 21 but is less extensive in nature.
Text: Kimball, “Principles of Industrial Management”.
Ind E 31 Economics.
This course in the fundamentals of Economics is presented from the business man’s point of view and includes many concrete examples and illustrations from the world of business. Some of the subjects discussed are economic concepts, the nature of production, organization of modern business, size of business units, specialization, process of exchange, money, business cycles, monopolies, international trade, business risks, distribution of income.