Text: Bye, “Principles of Economics”.
Ind E 41 Accounting.
This course is intended to give the engineering student the fundamentals of accounting. Only enough general bookkeeping and accounting is supplied to make the course practical and to provide a proper groundwork. Emphasis is placed on the preparation and analysis of statements, the calculation of fixed assets, and control features.
Text: Reitell and Van Sickle, “Accounting Principles for Engineers”.
Ind E 51 Business Law.
An elementary study of the principles of the Common Law as applied to business relations. Students are required to study definite parts of the text in preparation for each meeting of the class. The class time is divided between discussion of the subject matter and written quizzes. The subjects given particular attention are: The definition of “contract”, and a detailed study of each element of the definition; agency; sales; partnerships and (briefly) corporations; negotiable instruments; patents, copyrights and trade-marks; master and servant; damages; evidence.
A practicing patent attorney gives special lectures on the subject of patents.
Text: Harding and Canfield, “Legal and Ethical Phases of Engineering”.
Ind E 60 Cooperative Work.
This is industrial placement offered to selected groups of pre-Junior students who have demonstrated their ability, and have given some indication that they will capitalize the experience.