Diploma in Economics and Commercial Knowledge. 1. This Diploma will be granted for proficiency in the various branches of a higher business education, as tested by an Examination. 2. The Examination will be open to anyone who can produce evidence (a) that he is of good character; (b) that he has a satisfactory Preliminary Education: e. g., that he has matriculated. in any University or University College; has passed the Middle or Senior Grade Intermediate Examination; has the certificate of any recognized Technical School or School of Commerce; or possesses any other qualification deemed sufficient by the Board. 3. The Examination will be held annually on days named in the University Almanac. In 1912 it will be held on April 9, 10, 11, 12. It shall be in the power of the Examiners, if it is thought advisable, to hold parts of the Examination at night, a week's notice at least being given to the candidates. 4. Candidates will be required to give at least one month's notice of their intention to compete for any portion of the obligatory subjects of the Examination: and at least three months' notice of the special optional course or courses which they intend to offer. 5. The Course for the Examination will be as follows: OBLIGATORY SUBJECTS. I.-Economics, Descriptive and Theoretical. Candidates will be required to have a general knowledge of the scope and method of economics, and the principles of production, exchange, and distribution. Also an acquaintance with the chief forms of industrial organization, especially those existing in the United Kingdom. [Nicholson, Elements of Political Economy, or Devas, Political Economy, may be used as a convenient text-book. Marshall, Elements of Economics; Hadley, Economics; and Pierson, Principles of Economics, Vol. I., will be found useful for additional reading.] II.-Economic and Commercial History. The outlines of the industrial and commercial development of Great Britain, Ireland, and the Colonies during the eighteenth and nineteenth centuries. Particular attention should be paid to the growth of the great industries and the progress of trade. [T. Warner, Landmarks of English Industrial History, may be used as an introduction. For Irish History, Murray, Commercial Relations between England and Ireland. For reference, Meredith, Economic History of England. and Cunningham, Growth of English Industry and Commerce, Vol. II.] III.-Commercial Geography. (a) General physiographical conditions. (b) The chief economic products. (c) The economic conditions and resources of the chief countries of the world. (d) Trade routes. [Chisholm, Smaller Commercial Geography, or Adams, Commercial Geography. For additional reading Chisholm, Handbook of Commercial Geography, is recommended.] IV.-Accountancy and Business Methods. (a) The principal forms of accounts. The preparation of a Balance sheet. Cost-taking. Depreciation and the formation of reserves. (b) Organization of business departments. Lisle, Accounting in Theory and Practice. Office work. V.-Commercial and Industrial Law. (a) The law of contract. The principal trade contracts. Company law. Negotiable instruments. (b) The factory code. Workmen's compensation. Employer's liability. [Steven, Mercantile Law. Redgrave, The Factory Acts. For further reading, Topham, Company Law, and Anson, 'Contracts' are recommended.] OPTIONAL SUBJECTS. [Of which one under each head may be taken.] VI-A Modern Language. (1) French. (2) German. (3) Spanish. Candidates will be tested in translation from and into English, dictation, and conversation. VII.-Special Economic Subjects. Candidates who take one of the Optional Economic subjects will be expected to possess a fuller knowledge of the theory and of the facts relating to the subject that they select. Particular attention should be given to the modern developments in theory and to the existing conditions. (1)-Money and Monetary Systems. Definition and historical development of money. The conditions that determine the value of money. The different monetary systems. The history of the English currency. Monetary changes in the nineteenth century. Controversies respecting the standard of value. The actual monetary systems of the world. [Jevons, Money, and Nicholson, Money and Monetary Problems, are recommended. F. A. Walker, Money, Withers, The Meaning of Money, and Conant, The Principles of Money and Banking, may be used for further reading.] (2)- Foreign Trade. The nature of foreign trade and the conditions on which its development depends. Values in foreign trade. The use of money in foreign trade. The foreign exchanges. Imports and exports. The regulation of foreign trade and its effects. Customs duties. [Fisk, International Commercial Policies. Giffen, The Use of Import and Export Statistics. (3)-Taxation. The development of taxation. The different kinds of taxes. The principal rules of taxation. Direct and indirect taxation. General and local taxation. The incidence and effects of taxation. [Plehn, Public Finance, Part II., or G. Armitage Smith, Taxation, Blunden, Local Taxation, and J. S. Mill, Principles of Political (4)— Associations and Combinations in Trade and Industry. (a) The growth of association in the modern economic system. Trusts and Kartells. Combination and monopoly. The control of combinations by the State. (b) The rise and growth of Trade Unionism. Effects of workmen's combinations. Modern Trade Union problems. [Jenks, The Trust Problem, and Howell, Trades Unionism, Old and New, are recommended. J. B. Clark, The Control of Trusts. M'Crosty, The Trust Movement in British Industry. S. and B. Webb, The History of Trade Unionism, may be used for additional reading.] (5)-Statistics and Statistical Methods. Nature and scope of statistics. Use of averages. Tabulation. Sampling. Elementary graphic methods. The use of index numbers. Tests of accuracy. The statistics of population, trade, prices, wages, and employment. [Bowley, An Elementary Manual of Statistics, is recommended as a convenient introductory book. For further reading, Mayo-Smith, Statistics and Economics, may be used.] VIII.-Special Subjects in Economic and Business Organization. Candidates who take one of the Optional Business subjects will be expected to have an adequate knowledge of the development of the class of business and of its organization. The methods pursued, and the economic principles underlying them, should also be studied. (1)-Banking and Credit Institutions. The functions of banks. Credit as an economic agent. The growth of banking in Great Britain and Ireland. Banking legislation. The Bank Charter Act, 1844. Modern banking problems. Banking in other countries. [Dunbar, Theory and History of Banking, is recommended as an introductory text-book. Clare, Money Market Primer. Bagehot, Lombard Street; and Rae, The Country Banker, will supply a general account of British For the law of bills, cheques, and promissory notes, Chalmers, For reference, Hart, Treatise on the Law of Banking; (2)—Railways and Transport Agencies, or The rise of the modern transport system. The railways of Great Britain and Ireland. Principles of railway rates. Legislation respecting railways. Competition and combination in transport. The general features of foreign railway systems. [Acworth, Railway Economics, and Hadley, Railroad Transporta- Findlay, Working and Management of an English Railway, and (3)-Insurance. The general character of insurance. The different kinds of insurance. The theory of insuring risks. Growth of insurance business. Insurance Law. [T. E. Young, Insurance. F. Harcourt Kitchin, The Principles and Finance of Fire Insur ance. W. Schooling, Life Insurance Explained. W. Gow, Marine Insurance. C. F. Morrell, Insurance: a Manual of Practical Law.] (4)-Agriculture. The different systems of farming. Land-rent and its variations. Small and large farms. Combination in agriculture. Farmers' associations. Agricultural credit. Insurance. The effect of markets on agriculture. Transport charges. Fluctuations in prices. Model farms. The State and agriculture. Effects of taxation. [Taylor, Agricultural Economics; Rogers, The Business Side of Agriculture; Pratt, Organization of Agriculture, and The Report of the Recess Committee, are recommended.] 6. Candidates, in order to obtain any credit for the Examination, must pass in three subjects, of which Economics, theoretical and descriptive, must be one. Candidates who satisfy this condition may pass in the remaining subjects at a subsequent Examination. The Diploma will not be issued until the candidate has passed in all the obligatory subjects. 7. The Diploma will be given for proficiency in the Obligatory portion of the Examination. The Optional Courses, in which the candidate passes, will be further specified on the Diploma. Exceptional excellence in any subject will also be indicated. 8. Members of Trinity College will be allowed to present themselves for the Examination each year on payment of a fee of One Guinea, Candidates who are not members of Trinity College shall pay a fee of Two Guineas each year. The fees should be paid to the Junior Bursar not later than three days before the commencement of the Examination. 9. The obtaining of this Diploma will be accepted as equivalent for the exercises required for keeping the Hilary and Trinity Terms of the Senior Sophister year, but not for the B.A. Degree Examination. 10. Candidates who propose to present themselves for the Examination for this Diploma should communicate with Professor C. F. BASTABLE, Trinity College, Dublin, who will give any further information which may be required. |