Senate Document #7

                         APC Document #6



The Academic Policies Committee recommends to the Faculty Senate
the adoption of the following catalog changes:



Add: 

     Course Title:

     Econ 320:  Industrial Organization (3 semester credit hours)


     Course Description:

     This course will consider primarily the nature and function of
     government regulation, control, and influence in business
     activity in the United States with respect to industrial
     structure, conduct, and performance.  It will also survey the
     organization of industry in the American economy, and consider
     the empirical and analytical techniques used in industrial
     organization.  Prerequisite:  Econ 100 or permission of
     instructor.


     Rationale:

     The department has wanted to offer such a course for several
     years to add needed depth and breadth to our offerings and to
     respond to growing interest and importance of this subject
     area within the discipline.  Until the department expanded to
     four full-time faculty, a course could not be offered.  At
     present we not only have the available faculty resources, but
     in recruiting our fourth faculty member, the department
     specifically stipulated a specialty in Industrial
     Organizations, which Mr. Lawson does possess.  This course
     will serve specific degree and/or career needs of both
     economic and management majors plus provide an opportunity for
     any student to gain insights into the functioning of our
     corporate sector and its inter-relationship with the
     Governmental sector of our economy.  The course is offered at
     the 300 level as it will deal with intermediate to advanced
     level theoretical analysis; require insights and analytical
     skills consistent with that level work; require both oral and
     written competency expected of junior and senior students.



(Passed by Faculty Senate January 31, 1978.)