Categories
Exam Questions Harvard Statistics

Harvard. Exams for Statistics. Ripley, 1909-1910

William Zebina Ripley’s teaching portfolio at Harvard included the methods of (descriptive statistics) which was still not yet a mandatory part of the training of graduate students of economics in 1910. Also worth noting is that there was not a deep bench at Harvard to cover the field of statistics in the first decade of the twentieth century—the course was not offered by anyone in 1905-06.

Ripley lists ten treatises on statistics in his chapter on social statistics in A guide to reading in social ethics and allied subjects (1910), by Francis G. Peabody et al. There is certainly overlap with his course readings there.

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Statistics (Econ 4) Exams
from previous years

1901-02.
1902-03.
1903-04.
1904-05.
1905-06 [not offered]
1906-07. [offered but no printed exam found]
1907-08. [only mid-year exam found]
1908-09.

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Course Description
1909-10

[Economics] 4. Statistics. — Theory, method, and practice. Tu., Th., at 11. First half-year: Professor Ripley. Second half-year: Mr. —.

This course is intended rather as an analysis of methods of research and sources of information than as embodying mere results. A brief history of statistics will be followed by an account of census and other statistical methods in the United States and abroad, with the scientific use and interpretation of results. The main divisions of vital statistics, relating to birth, marriage, morbidity, and mortality, life tables, etc.; the statistics of trade and commerce, such as price indexes, etc.; industrial statistics relating to labor, wages, and employment; statistics of agriculture, manufactures, and transportation, will be then considered in order. Laboratory work, amounting to not less than two hours per week, in the preparation of charts, maps, and diagrams from original material, will be required.

Course 4 is open to students who have taken Economics 1; and it is also open to Juniors and Seniors who are taking Economics 1.

SourceOfficial Register of Harvard University, Vol. VI, No. 29
(23 July 1909). History and Political Science Comprising the Departments of History and Government, and Economics, 1909-10, p. 53.

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Course Enrollment
1909-10

Economics 4. Professor Ripley. — Statistics. Theory, method, and practice.

Total 26: 8 Graduates, 2 Seniors, 6 Juniors, 4 Freshmen, 6 Others.

Source: Harvard University. Report of the President of Harvard College, 1909-1910, p. 44.

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HARVARD UNIVERSITY
ECONOMICS 4
Mid-year Examination, 1909-10

  1. Suppose that an investigation as to unemployment in 1909 among 5,000,000 men, showed the following result:—
45 per cent. were idle 1 month,
20 per cent. were idle 4 months,
15 per cent. were idle 7 months,
10 per cent. were idle 9 months,
5 per cent. were idle 11 months.

What would be the average unemployment? Could you state the result in any better way?

  1. Fisher estimates a possible average prolongation of life of 15 years; and cites three factors which may still further extend it beyond this limit. What are these?
  2. The median age of the population of the United States in 1900 was 22.85; in 1880 it was 20.86. The average age in 1900 was 26.2; in 1880 it was 24.6. (a) Why is the average age so much higher than the median age? (b) Explain how each is obtained. (c) Which is the better mode of expressing the statistical facts?
  3. The population of Marseilles in 1828 was 133,000, of which 33,000 were vaccinated. There were 3,330 cases of smallpox of which 2,289 were of persons not vaccinated. Of these latter 420 died; while among 1,041 vaccinated persons stricken, only 17 died. Was vaccination a success or not? Is there a showing unfavorable to vaccination deducible from these figures? Prove in each case by ratios.
Standard Birth rate. Correction Factor. Crude Birth rate. Corrected Birth rate.
Boston 39.04 0.8942 29.15 _____
Providence, R. I. 43.86 0.7959 26.46 _____
Native born 30.88 1.1305 15.09 _____
Foreign born 55.67 0.6271 49.37 _____

Explain (a) how this table was constructed in principle; (b) complete it by filling in the blank spaces; and (c) explain exactly what it means.

  1. From the age of 10 forward, the probability of death increases progressively. Will a mortality table show more or fewer deaths in consequence between the ages of 60-65 or of 10-15 years?
  2. Is registration of births or of deaths making the more rapid progress in the United States? How widely extended is each?
  3. How is the birth rate for the United States computed from the census data? What is the principal element of uncertainty in such an estimate?

Source: Harvard University Archives. Harvard University. Mid-year Examinations, 1852-1943. Box 8, Bound Volume: Examination Papers, Mid-Years 1909-10.

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HARVARD UNIVERSITY
ECONOMICS 4
Year-end Examination, 1909-10

  1. What is usually conceded to be the best statistical measure of the well-being of a community or a family? Name some authorities who have worked in this field.
  2. About how much unemployment is there normally in civilized countries? Criticise the evidence available.
  3. Where would you find statistical data as to —
    1. Membership in trade unions?
    2. The amount of gold and silver in circulation in the United States?
    3. Traffic on rivers and canals in the United States?
    4. The prevalence of crime in the different states of the Union?
  4. What does the following table show?

Cost of a product valued at $100.

Materials Wages Misc. Exp. Total
U.S. all industries, 1890 $55.08 $24.36 $6.73 $86.17
  1. What is shown by the following table?

Labor cost in three industries.

United States, 1900 Per cent of wages
and value of product
Average wages
Iron and steel 15.0 $543
Cotton goods 25.6 $286
Flour and grist mills 3.2 $478
  1. Could any change in conditions between 1890 and 1900 be proved by such data?
  2. Describe the statistical system as to price movements of Soetbeer in detail.
  3. Criticise the Aldrich Committee Report on the movement of wages since 1890.

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 9, Bound vol. Examination Papers 1910-11 (HUC 7000.25) Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1910), p. 40.

Image Source: Harvard University Archives.  William Zebina Ripley [photographic portrait, ca. 1910], J. E. Purdy & Co., J. E. P. & C. (1910). Colorized by Economics in the Rear-view Mirror.

Categories
Exam Questions Harvard Sociology

Harvard. Enrollment and exams for Principles of Sociology. Carver, 1909-1910

Thomas Nixon Carver taught or co-taught sociology in the Harvard economics department eight times in the first decade of the twentieth century. Carver lists sixteen items in his chapter on sociology in A guide to reading in social ethics and allied subjects (1910), by Francis G. Peabody et al.

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Carver’s teaching assistant was J. S. Davis [Ph.D., 1913] whose obituary, “Joseph Stancliffe Davis, (1885-1975)” , was written by Joseph H. Willits. It was published in The American Statistician 30, no. 4 (1976), p. 199.

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Sociology exams from earlier years

1901-02 (taught by T. N. Carver)

1902-03 (taught by T. N. Carver and W. Z. Ripley)

1903-04 (taught by T. N. Carver)

1904-05 (taught by T. N. Carver and J. A. Field) Includes the reading list for the course and additional biographical information.

1905-06 (taught by T. N. Carver)

1906-07 (taught by J. A. Field)

1907-08 (taught by T. N. Carver)

1908-09 (taught by T. N. Carver and C. W. Thompson)

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Course Announcement and Description
1909-10

  1. Principles of Sociology. — Theories of Social Progress. Mon., Wed., and (at the pleasure of the instructor) Fri., at 1.30. Professor Carver, and an assistant.

The purpose of this course will be to make an analytical study of social life in order to discover the elementary factors and forces which hold society together and give it an orderly development. The development of social institutions, such as the family, the state, religion, property, and contract, will also be studied with a view to finding out their true relation to social well-being and progress.

Reading in connection with the lectures will be assigned in such works as Spencer’s Principles of Sociology, Bagehot’s Physics and Politics, Kidd’s Social Evolution, and in Carver’s Sociology and Social Progress. Students are expected to take part in the discussion of the books read and of the lectures delivered.

Course 3 is open to students who have passed satisfactorily in Course 1.

Source: History and Political Science, Comprising the Departments of History and Government and Economics, 1909-10. Published in the Official Register of Harvard University. Vol. VI, No. 29 (July 23, 1909).

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Course Enrollment
1909-10

Economics 3. Professor Carver, assisted by Mr. [Joseph Stancliffe] Davis [Ph.D., 1913]. — Principles of Sociology. Theories of Social Progress.

Total 70: 12 Graduates, 12 Seniors, 26 Juniors, 9 Sophomores, 2 Freshmen, 9 Others.

Source: Harvard University. Report of the President of Harvard College, 1909-1910, p. 45.

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ECONOMICS 3
Mid-year Examination, 1909-10

Do not try to write too much. Think out your answers and express yourself clearly.

  1. How would you define Sociology, and into what departments would you divide it?
  2. How does the problem of the transmissibility of acquired characters affect the problem of race improvement?
  3. Do geographical conditions exercise as powerful an influence upon mental and social life in advanced stages of civilization as in the lower stages? Explain your position.
  4. How is the form of social organization affected when the social group is compelled to wage its chief struggle against other social groups? How is it affected when the group must wage its chief struggle against the forces of nature?
  5. Compare the views of Buckle and Kidd as to the relative importance of intellectual and moral development.
  6. What is meant by the standard of living, how is it maintained, and how does its maintenance affect the general problem of adaptation?

Source: Harvard University Archives. Harvard University. Mid-year Examinations, 1852-1943. Box 8, Bound Volume: Examination Papers, Mid-Years 1909-10.

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ECONOMICS 3
Year-end Examination, 1909-10

  1. What, according to Spencer, are the original external and the original internal factors of sociology?
  2. What professions have developed from the priesthood, and how has the development taken place?
  3. What are the points of resemblance between the mediaeval prince and the modern political boss?
  4. What is Spencer’s opinion as to the development of European society in the near future?
  5. How, according to Buckle, is civilization affected by the “aspects of nature”?
  6. What is meant by the “zone of the founders of religion”?
  7. What is meant by “The Productive Life”?
  8. What is the relation of morality to adaptation?

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 9, Bound vol. Examination Papers 1910-11 (HUC 7000.25) Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1910), pp. 39-40.

Image Source: Portraits of Thomas Nixon Carver and Joseph Stancliffe Davis from the Harvard Class Album 1916.

 

Categories
Exam Questions Harvard Principles

Harvard. Enrollment and semester examinations for principles of economics. Carver and Bullock, 1909-1910

After a long break to finish the draft of a paper and a couple of weeks of vacation, your Economics in the Rear-view Mirror’s curator is back in action. We resume with the transcription of the 1909-10 Harvard economics course examinations. Economics 1, Principles of Economics is the subject of this post. Professors Carver and Bullock covered the course for Frank Taussig in 1909-10 due to a last-minute leave of absence taken by Taussig (undoubtedly related to the ill-health of his wife [Tuberculosis?]).

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Exams for principles (a.k.a. outlines)
of economics at Harvard
1870/71-1908/09

1871-75

1880-81 1890-91 1900-01
1881-82 1891-92

1901-02

1882-83 1892-93 1902-03
1883-84 1893-94

1903-04

1884-85 1894-95 1904-05
1885-86 1895-96

1905-06

1876-77

1886-87 1896-97 1906-07
1877-78 1887-88 1897-98

1907-08

1878-79

1888-89 1898-99 1908-09
1879-80 1889-90 1899-00

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Frank Taussig on Leave, 1909-1910

Owing to the absence of Professor Taussig, the following changes in the courses in Economics will be made:

Economics 1 will be conducted by Professors Bullock and Carver; Economics 2 will not be given; Economics 14a and 14b will be given as hitherto, but will be starred,–that is, may not be taken without the consent of the instructor; Economics 23 will not be given; Economics 4, which was announced to be given as a half-course only, in the first half-year, will be given as a full course, by Professor Ripley; Economics 9b, which was announced to be omitted, will be given; Economics 20d will not be given.

Source: The Harvard Crimson (29 September 1909).

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“The work that gave final form to the Principles was done in an atmosphere of sorrow. Mrs. Taussig’s health had given cause for anxiety for some time. In 1909-1910 he took a year’s leave of absence, which they spent in Saranac [Lake], N.Y., and there she died on April 15, 1910.”

Source: J. A. Schumpeter, A. H. Cole, and E. S. Mason, “Frank William Taussig”, Quarterly Journal of Economics (May, 1941), p. 352.

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Course Announcement and Description
1909-10

  1. Principles of Economies. Tu., Th., Sat., at 11. Professor Taussig, assisted by Dr. Huse and Messrs. M. T. Copeland, Holcombe, Sharfman, and Usher.

Course 1 is introductory to the other courses. It is intended to give a general survey of the subject for those who take but one course in Economics, and also to prepare for the further study of the subject in advanced courses. It is usually taken with most profit by undergraduates in the second year of their college career. Students who plan to take it in their first year are strongly advised to consult the instructor in advance. History 1 or Government 1, or both of these courses, will usually be taken to advantage before Economics 1.

Course 1 gives a general introduction to economic study, and a general view of Economics for those who have not further time to give to the subject. It undertakes a consideration of the principles of production, distribution, exchange, money, banking, international trade, and taxation. The relations of labor and capital, the present organization of industry, and the recent currency legislation of the United States will be treated in outline.

The course will be conducted partly by lectures, partly by oral discussion in sections. A course of reading will be laid down, and weekly written exercises will test the work of students in following systematically and continuously the lectures and the prescribed reading.

Source: History and Political Science, Comprising the Departments of History and Government and Economics, 1909-10. Published in the Official Register of Harvard University. Vol. VI, No. 29 (July 23, 1909).

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Course Enrollment
1909-10

Economics 1. Professors [Thomas Nixon] Carver and [Charles Jesse] Bullock, assisted by Drs. [Charles Phillips] Huse [Ph.D., 1907] and [Arthur Norman] Holcombe [Ph.D., 1909], Messrs. [Melvin Thomas] Copeland [Ph.D., 1910], [Isaiah Leo] Sharfman [LL.B., 1910], and [Abbott Payson] Usher [Ph.D., 1910] . — Principles of Economics.

Total 423: 15 Seniors, 83 Juniors, 193 Sophomores, 80 Freshmen, 52 Others.

Source: Harvard University. Report of the President of Harvard College, 1909-1910, p. 43.

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ECONOMICS 1
Mid-year Examination, 1909-10

  1. Distinguish between free goods and economic goods; between productive labor and unproductive labor; between wealth and capital.
  2. State the law of diminishing returns from land and explain its relation to the intensive and extensive margins of cultivation.
  3. If you were to find that all the land of a country had been brought under cultivation, what should you say would be the conditions which would permit a further increase of population?
  4. What are the chief advantages of a division of labor and what determines the extent to which the division of labor can be carried out?
  5. Name the great mechanical inventions since 1750 which have brought about a change in the form of industrial organization. What has been the character of this change?
  6. Can the value of a commodity depend both on demand and supply and on cost of production? If so, how? Can it ever depend on demand and supply and not on cost of production? Can it ever depend on cost of production and not on demand and supply? Explain?
  7. What will be the probable effect of the present meat boycott on the price of meat, other food products, cattle, hides, assuming the boycott to be permanent?
  8. Outline briefly the principal acts of congress relating to the coinage of money in the United States, explaining particularly those acts which produced effects illustrating Gresham’s Law.
  9. Compare the Bank of England, the Bank of Germany and the national banks of the United States as to (1) security of note issue; (2) elasticity of note issue.

Source: Harvard University Archives. Harvard University. Mid-year Examinations, 1852-1943. Box 8, Bound Volume: Examination Papers, Mid-Years 1909-10.

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ECONOMICS 1
Year-end Examination, 1909-10

    1. Distinguish between elastic and inelastic demand; between total and marginal utility.
    2. Can the value of any commodity depend both on marginal utility and on cost of production today it ever depend on one and not on the other? Explain carefully.
  1. What are the methods by which a bank may sell its credit? What provisions in the national banking law of the United States serve as a safeguard against the over-extension of credit?
  2. A has a piece of land which produces 100 bushels of wheat at an average cost of 60 cents a bushel. The cost of producing a bushel of wheat on the extensive margin of cultivation is 90 cents. What elements does this marginal cost of production include? Calculate the selling price of A’s land, the current rate of interest being 5%.
  3. Suppose that every person engaged in agriculture owned the land which he cultivated, and that all advantages of superior fertility were exactly offset by greater costs of transportation, would rent arise under any conditions? If so, how would it be determined? If not, would the land have any exchange value? Give reasons.
    1. Suppose that every person made and used his own tools, would interest exist? Give reasons.
    2. Is the payment of interest at the current rate to a multi-millionaire for the use of his capital justifiable? Give reasons.
  4. What are net profits? To what are they due? Are they a factor in determining price? Give reasons.
  5. What effect upon wages would you expect as a result of:—
    1. the extension of industrial education;
    2. immigration;
    3. the limitation of the output by labor unions;
    4. an increase in the supply of capital;
    5. the introduction of socialism?
  6. Discuss briefly:—
    1. overcapitalization.
    2. Rochdale Pioneers.
    3. Knights of Labor.
    4. Single Tax.
    5. “Gold points.”

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 9, Bound vol. Examination Papers 1910-11 (HUC 7000.25) Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1910), pp. 38-39.

Image Source: Charles Jesse Bullock and Thomas Nixon Carver portraits in the Harvard Class Album 1915.

Categories
Exam Questions Harvard Philosophy Social Work

Harvard. Description, enrollment and exam for Social Ethics. Peabody, 1908-1909

At the turn of the 20th century social policy at Harvard was a subject for the department of social ethics located at the intersection of economics and philosophy. It was taught as a subfield of philosophy (Social Ethics) by divinity professor Francis Peabody together with a changing cast of junior instructors to assist him.

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Exams from past years

Exam questions  this course from the late 19th century have been transcribed and posted: 1888-18891889-18901890-18911892-18931893-18941894-18951895-1896.

1902-03. Listed as Philosophy 5. Taught by Peabody and Ireland.

1904-05. Listed as Philosophy 5 and Ethics 1. Taught by Peabody and Rogers.

1906-07. Taught by Peabody and Rogers.

1907-08. Taught by Peabody and Rogers.

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Francis Greenwood Peabody. The Approach to the Social Question. New York: Macmillan, 1912. “The substance of this volume was given as the Earle Lectures at the Pacific Theological Seminary in 1907.”

Peabody’s own short bibliography on the Ethics of Social Questions was published in 1910.

Another post provides the history of Harvard’s Department of Social Ethics up through 1920.

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DR. RAY MADDING McCONNELL

Harvard Instructor in Social Ethics Had Made Long Study of Important Problems

Dr. Ray Madding McConnell, long active in educational work, died early this morning at a private hospital in Cambridge. Dr. McConnell, who was a graduate of Harvard, class of 1902, was born in Tennessee in 1875, and had been since his college days a great student of sociological problems and recently instructor in social ethics at Harvard.

Dr. McConnell received numerous honorary degrees, including his A.B. from Southern University in Alabama, in 1899, his S.T.B. from Vanderbilt University in Tennessee in 1901, his A.M. from Harvard in 1902, and from that university his Ph.D. in 1908. He was a writer on the subject to which he had given so many years of earnest study and research, and last year his book on “The Duty of Altruism” was brought out and he had at this time another book in preparation, “Philosophy of Crime.” He had contributed frequently to the International Journal of Ethics, and at Harvard he had given courses of lectures on “Moral Obligations of the Modern State.”

Dr. McConnell was married, in 1907, to Miss Phoebe Estes Bedlow of Ithaca, N.Y., by whom he is survived, as well as by a young son, Frank McConnell.

SourceBoston Evening Transcript (June 24, 1911), p. 14.

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Course Description
1908-09

  1. Social Ethics. — The problems of Poor-Relief, the Family, Temperance, and various phases of the Labor Question, in the light of ethical theory. Lectures, special researches, and prescribed reading. Tu., Th., Sat., at 10. Professor Peabody assisted by Messrs. [Ray Madding] McConnell [d. 1911 of thematic fever and pneumonia], [James] Ford, and [Robert Franz] Foerster.

            This course is an application of ethical theory to the social problems of the present day. It is to be distinguished from economic courses dealing with similar subjects by the emphasis laid on the moral aspects of the Social Question and on the philosophy of society involved. Its introduction discusses various theories of Ethics and the nature and relations of the Moral Ideal [required reading from Mackenzie’s Introduction to Social Philosophy, and Seth’s Study of Ethical Principles]. The course then considers the ethics of the family [required reading from Bosanquet’s The Family]; the ethics of poor-relief [required reading from Devine’s Principles of Relief]; the ethics of the labor question [required reading from Adams and Sumner’s, Labor Problems]; and the ethics of the drink question [required reading from The Liquor Problem; a Summary of Investigations]. In addition to lectures and required reading two special and detailed reports are made by each student, based as far as possible on personal research and observation of scientific methods in poor-relief and industrial reform. These researches are arranged in consultation with the instructor or his assistant; and an important feature of the course is the suggestion and direction of such personal investigation, and the provision to each student of special literature or opportunities for observation.

            Rooms are expressly assigned for the convenience of students of Social Ethics, on the second floor of Emerson Hall, including a large lecture room, a seminary-room, a conference-room, a library, and two rooms occupied by the Social Museum. The Library of 1800 volumes is a special collection for the use of students of Social Ethics, with conveniences for study and research. The Social Museum is a collection of graphical material, illustrating by photographs, models, diagrams, and charts, many movements of social welfare and industrial progress.

Source: Announcement of the Divinity School of Harvard University, 1908-09, p. 24.

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Course Enrollment
1908-09

Social Ethics 1. Professor Peabody, assisted by Dr. McConnell and Messrs. Ford and Foerster. — Social Ethics. The problems of Poor-Relief, the Family, Temperance, and various phases of the Labor Question, in the light of ethical theory.

Total 136: 3 Graduates, 23 Seniors, 65 Juniors, 29 Sophomores, 6 Freshmen, 10 Others.

Source: Harvard University. Report of the President of Harvard College, 1908-1909, p. 68.

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SOCIAL ETHICS 1
Year-end Examination 1908-09

This paper should be considered as a whole. The time should not be exhausted in answering a few questions, but such limits should be given to each answer as will permit the answering of all the questions in the time assigned.

  1. The place in the modern labor question of:—

Leclaire.
Lassalle.
Conseils des Prud’hommes.

  1. Discuss the following:—

“Labor is the original source of all value.”
“Property is robbery.”
“Surplus-value.”

  1. What is:—

“Economic determinism”;
“A class-conscious conflict”;
“Collective bargaining”?

  1. Ruskin’s criticism of the economists, and his own theory of value. [Unto this Last” by John Ruskin]
  2. The evidences of progress on the part of the working-classes since the introduction of the factory-system. (Adams and Sumner, pp. 502-526.)
  3. The legal aspects of strikes. (Adams and Sumner, p. 187 ff.)
  4. The development in England of the principle of Employer’s Liability.
  5. The prospects of Industrial Co-operation in Great Britain and in the United States. The relative advantage of Federalism and of Individualism applied to Coöperation.
  6. The Pennsylvania Railroad Relief-Department; its organization, operation, and the criticisms which it encounters.
  7. The physiological action of alcohol and its relation to intellectual work. (Lectures, and The Liquor Problem, pp. 19-42.)
  8. The Scandinavian Liquor-System. (The Liquor Problem, p. 153ff.)

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 8, Bound vol. Examination Papers 1908-09; Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1909), p. 69.

Image Source: Harvard University Archives.  Francis Greenwood Peabody [photographic portrait, ca. 1900], Colorized by Economics in the Rear-view Mirror.

Categories
Economists Harvard Math Michigan

Harvard. Application for PhD candidacy and graduate records. Olin Winthrop Blackett, 1926

The first two items posted below from the graduate records of Olin Winthrop Blackett (Harvard PhD 1926) are of particular significance, marking what appears to be the very first time that Mathematics was accepted as a field in the General Examination for a PhD in economics at Harvard. The decision to accept Mathematics as a minor field was made in November 1920, Blackett’s general examination took place in May 1922 and his PhD was awarded in 1926. The title of Blackett’s doctoral thesis was “The Cyclical Movements of the Prices of Raw materials in the Iron and Steel Industry.”

 

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Requesting approval of a mathematics minor in the General Examination

HARVARD UNIVERSITY
DEPARTMENT OF ECONOMICS

F. W. Taussig
T. N. Carver
W. Z. Ripley
C. J. Bullock
A. A. Young
W. M. Persons
E. E. Day
J. S. Davis
H. H. Burbank
A. S. Dewing
E. E. Lincoln
A. E. Monroe
A. H. Cole
 

 

 

 

Cambridge, Massachusetts

November 5, 1920

Prof. C. H. Haskins,
Harvard University,
Cambridge, Mass.

Dear Mr. Haskins,

I enclose herewith O. W. Blackett’s application for candidacy for the degree of Ph.D. in Economics. Blackett’s program is perfectly regular with the possible exception of the offering Mathematics as his minor. It seems to me that even in this particular the program is normal. I have talked over the Mathematics minor with the Department of Mathematics, particularly with Professor Huntington and have come without difficulty to an understanding which seems to assure a minor in that Department fully the equivalent of any of the other more common minors, and particularly serviceable for men who propose to specialize, as does Blackett, in the field of Statistical Method.

If Blackett’s program is approved, one or two others of similar kind will be submitted at an early date. I doubt not, furthermore, that Mathematics minors will become common among those expecting to specialize along statistical lines. Statistical method clearly is developing in directions that make a sound mathematical training an indispensable element in an adequate professional equipment.

Should Mathematics be accepted for men specializing in Statistics, I would suggest that you try to obtain the services of Professor Huntington as examiner when the field is up at the General Examinations. Professor Huntington has a definite interest in the application of Mathematics to Statistical Methode and is thoroughly acquainted with the material upon which candidates in Economics may most profitably be examined.

Sincerely yours,
[signed] Edmund E. Day

EED A
Encl.

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Request Granted

8 November 1920

Dear Day:

I cordially approve of Blackett’s programme, with the explanation given in your letter. It seems to me that when we accept Mathematics, we should be sure of men’s general Economics preliminary training, and that these men in particular get the courses in Economic History. Our plans ought always to be flexible enough to include the acceptance of an outside subject, where it is essential to the student’s work. What you say about the necessity of Mathematics for statisticians is sound, and I hope we shall encourage other men to take the same field. I shall bring the plan up at the next meeting of the Division.

Sincerely yours,
[unsigned copy of C. H. Haskins]

Professor E. E. Day.

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HARVARD UNIVERSITY
DIVISION OF HISTORY, GOVERNMENT, AND ECONOMICS

Application for Candidacy for the Degree of Ph.D.

[Note: Boldface used to indicate printed text of the application; italics used to indicate the handwritten entries]

I. Full Name, with date and place of birth.

Olin Winthrop Blackett. July 12, 1895. Winthrop, Mass.

II. Academic Career: (Mention, with dates inclusive, colleges or other higher institutions of learning attended; and teaching positions held.)

Wesleyan University, 1914-17, & 1919-20.
Rich Fellow and Assistant in Economics, Wesleyan, 1919-20.

III. Degrees already attained. (Mention institutions and dates.)

B.A. Wesleyan, 1917.
M.A. Wesleyan, 1920.

IV. General Preparation. (Indicate briefly the range and character of your undergraduate studies in History, Economics, Government, and in such other fields as Ancient and Modern Languages, Philosophy, etc. In case you are a candidate for the degree in History, state the number of years you have studied preparatory and college Latin.)

Economic Theory —1 year elementary —3 years advanced.
Money and Banking —1 year. Corporations —1 year.
Tariff and International Trade —1 year. Labor Prob. —1 year.
Socialism, Single Tax, etc. —2 years. Statistics — 1 year.
American History —1 year. English & European History —1 year.
Philosophy —2 years. German —2 years. Math —4 years.

V. Department of Study. (Do you propose to offer yourself for the Ph.D., “History,” in “Economics,” or in “Political Science”?)

Economics

VI. Choice of Subjects for the General Examination. (State briefly the nature of your preparation in each subject, as by Harvard courses, courses taken elsewhere, private reading, teaching the subject, etc., etc.)

  1. Economic Theory. — This was my major study during three years of undergraduate work and one year of work for the masters degree. Taught theory 1 year in Wesleyan U. Eco. 11 & 14 at Harvard this year.
  2. Money, Banking, and Crises. — 1 year course in Wesleyan University. Auditor in Eco. 3 this year.
  3. Public Finance. — Eco. 31 this year at Harvard.
  4. Statistics. — 1 year in Wesleyan University. Private study during the summer of 1920.
  5. Economic History. — Studied in connection with courses in economics and history in Wesleyan U. Econ. 2a & 2b this year at Harvard.
  6. Mathematics. 4 years work in Wesleyan U. including algebra, trig. analytic geom., calculus, finite differences, reduction of observations, interpolation, theory of errors, least squares, moments. 

VII. Special Subject for the special examination.

Statistics

VIII. Thesis Subject. (State the subject and mention the instructor who knows most about your work upon it.)

The Machine Tool Industry. Cyclical Price Movements of Raw Materials in the Iron and Steel Industry.
Prof. Persons.

IX. Examinations. (Indicate any preferences as to the time of the general and special examinations.)

As late as possible in the spring of 1921 for the general examination.

X. Remarks

 [left blank]

Signature of a member of the Division certifying approval of the above outline of subjects.

[signed] Edmund E. Day — Chairman

*   *   *   [Last page of application] *   *   *

[Not to be filled out by the applicant]

Name: Olin W. Blackett.

Approved: January 25, 1921.

Ability to use French certified by C. J. Bullock. 3 March, 1922.

Ability to use German certified by  C. J. Bullock. 3 March, 1922.

Date of general examination May 19, 1922. Passed.

Thesis received October, 1925.

Read by Professors Persons, Crum, and Young.

Approved November 1925.

Date of special examination Monday. April 12, 1926.

Recommended for the Doctorate [left blank]

Degree conferred [left blank]

Remarks.  Mr. O. W. Blackett was examined on Monday, April 12, at 4 p.m. in room 404 College House by Professors Persons (chairman), Crum, Huntington and W.M. Cole. The committee unanimmously voted that the examination be accepted as satisfactory.
[signed] Warren M. Persons, Chairman.

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Postponing General Examination from Spring to Fall 1921

15 Park Vale
Brookline, Mass.,
March 2, 1921

My dear Miss Cogswell:

Please pardon the delay in returning the copy you sent me. The material is as complete as I am able to make it at the present time. I shall not be a candidate for the General Examination this spring but shall present myself probably in the fall.

Yours truly,
[signed] Olin W. Blackett.

[NOTE: The General Examination was in fact postponed to the following Spring, May 19, 1922]

  *  *  *  *  *  *  *  *  *  *  *  *  *

Draft of Planned General Examination Announcement (undated)

OLIN WINTHROP BLACKETT.

GENERAL EXAMINATION in Economics

COMMITTEE [left blank].

ACADEMIC HISTORY: Wesleyan University, 1914-17, 1919-20; Harvard Graduate School, 1920-. A.B., Wesleyan, 1917; A. M., ibid., 1920. Assistant in Economics, Wesleyan University, 1919-20.

GENERAL SUBJECTS: 1. Economic Theory. 2. Money, Banking, and Crises. 3. Public Finance. 4. Statistics. 5. Economic History. 6. Mathematics.

SPECIAL SUBJECT: Statistics.

THESIS SUBJECT: [left blank].

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Certification of reading knowledge
of French and German

HARVARD UNIVERSITY
DEPARTMENT OF ECONOMICS

F. W. Taussig
T. N. Carver
W. Z. Ripley
C. J. Bullock
A. A. Young
W. M. Persons
E. E. Day
H. H. Burbank
A. S. Dewing
J. H. Williams
A. E. Monroe
A. H. Cole
R. S. Tucker
R. S. Meriam
 

 

 

 

Cambridge, Massachusetts

March 3, 1922

Dear Haskins:

This certifies that I have examined Mr. O. W. Blackett and find that he has such a reading knowledge of French and German as we require of candidates for the Degree of Philosophy [sic].

Very truly yours,
[signed] Charles J. Bullock

Dean C. H. Haskins

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Date and Place of General Examination

16 May 1922

My dear Mr. Blackett:

Your General Examination on Friday, 19 May, will be held in Widener U at 4 P.M.

Very truly yours,
[unsigned copy]
Secretary of the Division

Mr. O. W. Blackett.

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Committee of General Examination

23 May 1922

My dear Sir:

Your general examination will come Friday, 19 May, unless otherwise notified. Professors Day, Huntington, Young, Burbank, and Dr. Clark, have ben appointed to examine you. Of course, the committee is tentative, not final.

Very truly yours,
[unsigned copy]
Secretary of the Division

Mr. O. W. Blackett.

*  *  *  *  *  *  *  *  *  *  *  *  *  *

General examination passed

HARVARD UNIVERSITY
DEPARTMENT OF ECONOMICS

F. W. Taussig
T. N. Carver
W. Z. Ripley
C. J. Bullock
A. A. Young
W. M. Persons
E. E. Day
H. H. Burbank
A. S. Dewing
J. H. Williams
A. E. Monroe
A. H. Cole
R. S. Tucker
R. S. Meriam
 

 

 

 

Cambridge, Massachusetts

May 22, 1922

Dear Young,

For the purposes of final record may I report that Mr. Olin W. Blackett’s General Examination in Economics was conducted on the afternoon of the 19th by the following Committee: Professors Day (chairman), Huntington, Young, Burbank,and Dr. Clark. This Committee voted unanimously that the examination be accepted. I return herewith the papers covering Mr. Blackett’s candidacy.

Very truly yours,
[signed by “K” for] E. E. Day

Professor A. A. Young

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Special Examination Date
When exactly?

Februrary 1, 1926

My Dear Mr. Blackett:

Mr. Robinson, the Secretary of the Graduate School, has communicated to me the contents of your letter to him in which you say that vou will not be able to reach Cambridge until April 12. Do you mean thet you would like to have your special examination on that date, or on some day later in the month? Your thesis has been approved.

Very truly yours,
[unsigned Gladys E. Campbell]
Secretary.

Mr. O. W. Blackett

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Request for Special Examination during week of April 12th

University of Michigan
Ann Arbor
School of Business Administration

February 4, 1926.

Miss Gladys E. Campbell
Div. of History, Gov. and Econ.
Harvard University
Cambridge, Mass.

My dear Miss Campbell,

I have your letter of February 1st and would appreciate it very much if you would make arrangements for my special examination in Statistics during the week of April 12th.

Very truly yours,
[signed] O. W. Blackett

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Request to Confirm Special Examination during week of April 12th

University of Michigan
Ann Arbor
School of Business Administration

March 18, 1926.

Miss Gladys E. Campbell
Div. of History, Gov. and Econ.
Harvard University
Cambridge, Mass.

My dear Miss Campbell,

I have not heard from you whether arrangements have been made for my special examination in Statistics during the week of April 12th. Would you let me know as soon as final arrangements can be made?

Very truly yours,
[signed] O. W. Blackett.

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Date and Committee
for Special Examination

March 18, 1926.

My dear Mr. Blackett:

I have your note of March 13 asking if arrangements had been made for your special examination. The date has been arranged for April 12 at four o’clock and the committee consists of Frofessors Persons (chairman), Crum, Cole, and Huntington. The place will be named later.

Letters addressed to Professor Haskins or to me will reach us more quickly if sent to 774 Widener Library.

Very truly yours,
[unsigned Gladys E. Campbell]
Secretary of the Division.

Mr. O. W. Blackett

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Record of Olin Winthrop Blackett in the
Graduate School of Arts and Sciences
(2 November 1925)

1920-21
Grades
Course Half-Course
Economics 2a1 B
Economics 2b2 C
Economics 11 A
Economics 14 A minus
Economics 31 A
1921-22
Grades
Course Half-Course
Economics 151 A
Economics 41 A
1922-23
Grades
Course Half-Course
Economics 20 A
1923-24
Grades
Course Half-Course
Economics 20 (1st half) A

Source: Harvard University Archives. Division of History, Government & Economics. PhD. Examinations, Box 6: 1924-26.

__________________________

Course Names and Instructors

1920-21

Economics 2a 1hf. European Industry and Commerce in the Nineteenth Century. Dr. E. E. Lincoln assisted by Mr. Hyde.

Economics 2b 2hf. Economic and Financial History of the United States. Dr. E. E. Lincoln assisted by Mr. Hyde.

Economics 11. Economic Theory. Professor Taussig.

Economics 14. History and Literature of Economics to the year 1848. Professor Bullock.

Economics 31. Public Finance. Professor Bullock.

1921-22

Economics 15 1hf. Modern Schools of Economic Thought. Professor Young.

Economics 41. Statistical Theory and Analysis. Professor Day.

1922-23, 1923-24

Economics 20. Economic Research.

Source: Harvard University. Report of the President of Harvard College for 1920-21. Faculty of Arts and Sciences, Announcements of the Courses of Instruction, 1921-22.

__________________________

Olin Winthrop Blackett
His life and career

Olin Winthrop Blackett, Obituary

Olin Winthrop Blackett, born July 12, 1895 in Winthrop, MA, died peacefully on Sept. 12, 1993 [sic, September 7 is correct] in Tacoma, WA. He attended Wesleyan University, the United States Naval Academy and served in the U.S. Navy in World War I. He received a PhD in economics from Harvard University where he continued on to teach in the Harvard Business School. He moved to Ann Arbor, MI, in 1924 where he was Professor of Business Statistics at the University of Michigan Business School until his retirement in 1965. He then lived in Key Alegro, TX until the death of his wife, Ruth E. Blackett in 1978 when he moved to Tacoma…

Source: The News Tribune (Tacoma WA) 9 September 1995

Image Source: Portrait from the Anne Olson family tree, “Olin Winthrop Prof. Blackett” at ancestry.com

Categories
Exam Questions Harvard Theory

Harvard. Graduate Economic Theory Exam. April 1960

 

Another one of the graduate theory exams from the Harvard economics department from the papers of Professor Edward H. Hastings in the Economists’ Papers Archive at Duke University. Clearly the 1960s required less technical virtuosity at finger exercises. I would love to see what the actual bluebooks of students (and the corresponding grades awarded) look like. Perhaps some day, in some archive…

_________________________________

Harvard Written Exams
in Economic Theory
Posted Earlier

November 3, 1960
April 11, 1961
April 10, 1962
November 13, 1962
April 8, 1963

_________________________________

HARVARD UNIVERSITY
Department of Economics

Written Examination
in Economic Theory
April 14, 1960

WRITE LEGIBLY

PART I
2 ½ Hours

Answer all the questions, spending approximately 50 minutes on each:

  1. Write an essay on the explanation and function of (a) profits or, (b) wages in economic theory from the classical period to the present time.
  2. Explain the distinction between the general equilibrium and the partial equilibrium approaches and the relation between them. Give specific examples of the application of both.
  3. Discuss the relation of the quantity of money to the level of production and employment from the Keynesian and neoclassical points of view.

PART II
1 ½ Hours

Answer 3, and only 3, of the following questions:

  1. Demonstrate that from the point of efficiency completely discriminating monopoly is superior to single price monopoly.
  2. Compare the views of Marshall, Ricardo, and Jevons or the Austrians on the relation of cost of production to value.
  3. What makes a satisfactory theoretical solution of the oligopoly problem so difficult? Illustrate by a critical analysis of one or more particular theories.
  4. Discuss the differences and similarities between the loanable funds and liquidity preference theories of interest.
  5. Compare the explanation of factor prices in terms of linear programming theory and marginal productivity theory.

PLEASE RETURN THIS EXAMINATION PAPER WITH YOUR BLUEBOOK.

Source: Duke University. Economists’ Papers Archive. David M. Rubenstein Rare Book & Manuscript Library. Edward H. Chamberlin Papers, Box 17, Folder “Economics Department 1960-62”.

Categories
Exam Questions Harvard Theory

Harvard. Graduate Economic Theory Exam. November 1960

This particular addition to the series of written economic theory exams in the Harvard graduate program reveals that in 1960 aspiring economics Ph.D. candidates were still expected to know something about what Ricardo, Malthus, and Marx thought. Somewhat amusing is the reference to the “so-called Cobb-Douglas production function”. As opposed to what might we ask … “Chuck & Paul’s neat little production function”?

_________________________________

Harvard Written Exams
in Economic Theory
Posted Earlier

April 11, 1961
April 10, 1962
November 13, 1962
April 8, 1963

_________________________________

PLEASE WRITE LEGIBLY

HARVARD UNIVERSITY
Department of Economics

Written Examination
in Economic Theory

November 3, 1960

PART I
Two hours

Answer all the questions.

  1. Discuss the arguments for or against Say’s Law advanced by Ricardo, Malthus, Marx, and Keynes. Synthesize.
  2. “The equilibrium concept is meaningful only in the context of a dynamic theory.” Discuss that proposition, illustrating your argument with specific examples.
  3. Describe the general theoretical properties of the so-called Cobb-Douglas production function. Explain its use (a) in the analysis of income distribution, and (b) in the analysis of technological change.
  4. Under what assumptions with respect to the flexibility of prices, the shape of the investment demand function, and the shape of the demand for money function will a “liquidity preference” theory of interest lead to the same result as a “neo-classical” theory of interest?
PART II
Two hours

Answer three out of five questions.

  1. “The subjective value theory of Jevons and the Austrians diverted economics from the classical tradition to which it returned only in recent years.” Discuss the validity of this statement.
  2. Describe the meaning and the significance of the so-called “duality theorem” of linear programming when it is interpreted in terms of economic analysis.
  3. Can a price ceiling imposed on the production of a monopolist induce him to produce and sell (a) a smaller or (b) a larger amount than that he would have produced and sold without such limitation? Explain your answer for either case.
  4. Give a theoretical explanation of the demand for labor (i.e., of the number of workers hired) by (a) an enterprise which pays its workers hourly wages, and (b) an enterprise which remunerates its workers on the straight piece-work basis.
  5. Economists frequently despair of the possibility of measuring the stock of capital, but do not raise similar problems with respect to measurement of the stock of labor or real output. Discuss.

PLEASE RETURN THIS EXAMINATION PAPER WITH YOUR BLUEBOOK.

Source: Duke University. Economists’ Papers Archive. David M. Rubenstein Rare Book & Manuscript Library. Edward H. Chamberlin Papers, Box 17, Folder “Economics Department 1960-62”.

Image Source: Original black and white images from Amherst College, Digital Collections. Amherst College Yearbook, Olio1926Charles W. Cobb on p. 34Paul H. Douglas on p. 36. Colorized at Economics by Economics in the Rear-view Mirror.

Categories
Economists Harvard Philosophy

Harvard. Intersection of philosophy and political economy instruction by Benjamin Rand. 19th century

While even economists lacking the slightest interest in the history of economics are aware that Adam Smith lectured and wrote on moral philosophy, few probably appreciate the fact that up through the last quarter of the 19th century political economy was still a relatively minor subfield of academic philosophy. The following account provides a nice sketch of that philosophical backstory to economics instruction at Harvard.  

____________________

Looking back from 1928-1929 at instruction in philosophy at Harvard

…With the opening of the nineteenth century philosophy at Harvard enters upon a period about which information is more available than in the preceding centuries. The annual catalogue superseded the broadside in 1819. With the year 1826 begins the annual report of the President of the University. The deans’ reports date from 1869. Since 1883 a description of the courses [Note: link is for Faculty of Arts and Sciences since 1879-1880] has been published yearly by the philosophical department. From such sources reliable data may be gained of Harvard’s philosophical developments throughout the last century.

Levi Hedge (H.C. [Harvard College] 1792), who had received annual appointment as tutor in philosophy beginning in 1795, was given in the year 1800 the first permanent tutorship ever established in Harvard. For the support of this tutorship authority was obtained from the legislature to transfer to it the income then received by the College from tolls on the West Boston Bridge. The permanent tutor was assigned the same duties as the others, but in the event of marriage twenty per cent was to be added to his salary and a parietal tutor was to be appointed to supply his place within the College walls. In 1810, shortly after the administration of President Kirkland began, Mr. Hedge was promoted to a College Professorship of Logic and Metaphysics. He is therefore the first Professor of Philosophy in Harvard University. After appointment he continued his former duties with such other tasks as the boards constituting the government of the College might assign. He held this College Professorship of Philosophy from 1810 to 1827, when it was abandoned owing to the necessity of retrenchment. He was then given the Alford Professorship of Natural Religion, Moral Philosophy, and Civil Polity made vacant by the death of Mr. [Levi] Frisbie who had become his associate in the department. His academic career as Alford Professor continued until 1832, when he resigned owing to an attack of paralysis. He recovered from this attack and enjoyed the twelve remaining years of his life in quiet retirement with his books and in pleasant intercourse with his friends.

Mr. Hedge taught philosophy in Harvard for the long period of thirty-seven years. His reputation as a scholar has been best established by his excellent textbook in logic. His method of instruction was the customary one at that time of recitation. He was, however, far more punctilious than other teachers in exacting adherence to the language of the book. “Students expected,” says Professor Andrew Preston Peabody, who was his pupil, “to gain his permanent good will and lasting favor by reciting his ‘Logic’ verbatim, and there were myths afloat as to his own laudation of the book: ‘It took me fourteen years, with the assistance of the adult members of my family, to write this book; and I am sure that one cannot do better than to employ the precise words of the author.’ If Dr. Hedge thought well of his ‘Elements of Logic,’ he was entirely in the right. There is not in the whole book a definition, or the statement of a principle, or a rule that would bear abbreviation and that would not lose by being simplified.”

In 1817 Mr. Levi Frisbie (H.C. [Harvard College] 1802) who had previously been a Tutor (1805-11) and Professor (1811-17) of Latin, was elected the first Alford Professor of Natural Religion, Moral Philosophy, and Civil Polity. This new professorship had been made possible through the bequest of John Alford, a wealthy merchant of Charlestown, Massachusetts. This benefactor had died in 1761 leaving a large portion of his estate to “pious and charitable purposes.” His executors selected Harvard College as a proper beneficiary and in 1782 transferred to it somewhat over £1300 on condition that the Corporation retain this sum and add the interest to the principal until the capital should suffice to endow a professorship. They also stipulated at considerable length the functions and duties of this chair, and some of the details which are the product of a past age. Mr. Frisbie, the first incumbent of the professorship thus established in 1817, held it till his death in 1822. His successors have been Professors Hedge, Walker, Bowen, Palmer and Hocking. Both the philosophical and the preceding classical instruction by Mr. Frisbie were attended with a considerable degree of success. “Few men,” says President Quincy, “have left deeper traces of their moral and intellectual excellence in the memories of their contemporaries than Mr. Frisbie. In the collegiate circle in which he moved, he was the object of universal confidence and affection. He united a classic taste with great acuteness of intellect and soundness of judgment; and with a mind highly gifted and highly cultivated, rich in the powers of conversation and research he regulated his life by a standard of moral and religious principle exquisitely pure and cultivated.”

After Professor Frisbie’s death on July 9, 1822, the Alford Chair remained vacant until 1827, when Professor Levi Hedge, as already mentioned, was transferred to it from his College professorship. Accompanying this change instruction in logic was assigned to the Boylston Professor of Rhetoric and Oratory, and the teaching of metaphysics was retained by Dr. Hedge “as not inconsistent with the Alford statutes.” After the resignation of Professor Hedge in 1832, the Alford Professorship was again permitted from considerations of economy to remain vacant until the appointment of the Reverend James Walker to it in 1838. Meanwhile, between 1832 and 1838 instruction in philosophy was given by two tutors. Joseph Giles (H.U. [Harvard University] 1829) was Tutor in Natural, Intellectual, and Moral Philosophy from 1832 to 1834, and Instructor in the same subject from 1834 to 1836. He afterwards became a lawyer in Boston, where he lived until his death in 1882. Francis Bowen was the Tutor and Instructor in Natural and Intellectual Philosophy from 1836 to 1839. Of him we later shall have much more to say.

During the period of Professors Hedge and Frisbie the courses of instruction and the textbooks underwent changes, due to a modernizing tendency. Instruction in logic, ethics, and metaphysics was given wholly by Dr. Hedge from 1795 to 1817. But when the philosophical work was shared with Professor Frisbie from 1817 to 1822, the Alford Professor taught the intellectual philosophy as well as the natural religion. After 1822 Dr. Hedge was again in complete charge of the courses, but, as he became Alford Professor from 1827 to 1832, he surrendered the logic and devoted his attention more particularly to intellectual and moral philosophy.

An examination of the annual catalogues as issued after 1819 reveals both the subjects taught and the textbooks used by the professors. From 1820 to 1827 Professor Hedge taught logic and intellectual philosophy to the Sophomores. He used his own “Logic,” and Locke’s “Essay” as textbooks. To the Juniors he gave instruction in ethics and metaphysics, using as the textbooks Paley’s “Moral Philosophy” and Stewart’s “Philosophy of the Human Mind.” Professor Frisbie gave the course to the Seniors in intellectual philosophy and political economy. For textbooks he employed Brown’s “Lectures on the Philosophy of the Mind” and Gay’s [sic, “Say’s” is correct here] “Political Economy.” [Vol. I; Vol. II] He also taught a course in natural religion to the Juniors, using Paley’s “Evidences of Christianity,” and another to the Seniors, using Butler’s “Analogy of Religion.” These various courses were termed private exercises or recitations.

In addition lectures were given by the Alford Professor upon which the students were frequently or regularly examined.

For the later period of Professor Hedge’s incumbency very complete information about the philosophical department is afforded by the report of the President, who had been asked by the Overseers to include in it annually an account of the state of the departments, the duties of the instructors and the progress of the students. Instruction in the department from 1828 to 1838, it is said, was conducted through study and recitations. The studies commenced in the Junior year with Stewart’s “Elements of the Philosophy of Mind,” and concluded with Paley’s “Moral Philosophy.” Recitations were heard six days in the week from the class in two divisions. About two thirds of each division were questioned at every recitation. The Juniors also had a forensic exercise under the instruction of the philosophical professor every other Friday. In the Senior year the study of philosophy was continued with Brown’s “Treatise on the Mind.” When both volumes of this work were completed, the class entered upon the study of Gay’s [sic, “Say’s” is correct] “Political Economy,” and concluded with Levi Hedge’s “Elements of Logic.”

During the first term recitations were heard for two hours in the afternoon five days in the week, and during the second and third terms for one hour every day. On all the books used in this department twelve pages constituted the average length of the lessons assigned. Besides the preceding work two lectures were delivered every week during the second term on Civil Polity and Locke’s “Essay on the Human Understanding.”

With the advent of Mr. Giles as Instructor in 1833-34, Locke’s “Essay” was substituted for Brown’s “Philosophy of the Mind.” He also required of the students a written analysis, upon which commentary was made by the Instructor “exhibiting the opinions of other philosophers on controversial questions.” This is the first mention of direct instruction akin to the history of philosophy. The only new feature during the term of Mr. Bowen as Instructor (1836-39) is the statement in the President’s Reports that his method included “familiar lectures.” In this direction great changes were later to be effected.

In addition to the instruction given in the philosophical department, logic, as already stated, had been transferred in 1827 to the Boylston Professor of Rhetoric at the time Professor Hedge became Alford Professor of Natural Religion. It was taught to the Sophomores during the third term by Professor Edward Channing, who at first used Hedge’s “Logic,” but in 1833 introduced Whately’s “Logic.” This work was long employed by the department of rhetoric.

It is evident from this detailed review of the courses of instruction and of the textbooks between 1800 and 1840 that the introduction of the Scottish philosophy chiefly characterized the progress of philosophical thought at Harvard during the first half of the nineteenth century. The devotion of Professor Hedge to the Scotch school is particularly revealed by the fact that he made an abridgment of Brown’s “Philosophy of the Mind” for the use of his students. The philosophy of Stewart and Reid, moreover, was prescribed throughout this period. English philosophy, however, maintained a foothold in the continuance of the study of Locke. In ethics Paley’s “Morals,” which was used at this period, offered a splendid presentation of the utilitarianism of the eighteenth century for study. The supernatural sanction added by its author to the principles of Bentham, as evidenced by his well-known definition of virtue, would also tend to make the doctrine more acceptable in New England. But Paley is a wonderful expositor and has seldom been surpassed in this respect as a writer of textbooks. Doubtless, too, this was an important factor which commended his work for use in the curriculum of instruction at Harvard. As regards the general method of instruction in the subjects here described, the change from the close adherence to textbooks by Professor Hedge to the written exercises under Mr. Giles and to the “familiar lectures” of Mr. Bowen is also an advance which occurred during the early portion of the nineteenth century.

[…]

Francis Bowen accepted the chair of Alford Professor as successor to President Walker in 1853. He was born in Charlestown in 1811 and was graduated from Harvard in the Class of 1833, that later became famous in academic circles for such members as Professors Lovering, Torrey, and Wyman. From 1833 to 1839 he had been instructor, as already mentioned, in intellectual philosophy at Harvard. From 1843 to 1854 he was editor and proprietor of the North American Review. The Alford professorship was held by him for the long period of thirty-six years, extending from 1853 to his resignation in 1889. To ascertain the influences which moulded his thought and later entered into his philosophical instruction, one must revert briefly to various papers written by him during the period when he was instructor. These are to be found in his “Critical Essays” and concern the history and existing condition of speculative philosophy. In 1837 he wrote an article upon “Locke and the Transcendentalists.” Its purport was to prove that while the transcendentalists decry Locke, he had diffused a juster mode of thinking and a clearer knowledge of the human intellect than they possessed and that his work in consequence has been of incomparable value to philosophy. “The new philosophy,” he writes, “of transcendentalism comes from Germany, and is one of the first fruits of a diseased admiration of everything from that source, which has been rapidly gaining ground of late till in many individuals it amounts to sheer midsummer madness. In the literary history of the last half-century there is nothing more striking than the various exhibitions of this German mania. The peculiarities of the German mind are too striking to grace any other people than themselves.” But for the German language, literature, and philosophy Bowen had real admiration. He perceived that the study of philosophy by the Germans was a national passion. They had produced a race of metaphysicians after Kant, while among the countrymen of Locke, Berkeley, and Hume the taste for metaphysical speculation had declined.

It is thus not surprising that Bowen turned his attention at an early date to the understanding of Kant. The first fruits of this attempt was an article on Kant and his philosophy which appeared in the North American Review in 1839. This paper consists of a review of the translation of the “Critique of Pure Reason” which had appeared in London in 1838 and in it he gives a comprehensive outline of the system of this Copernicus of philosophy. It is, so far as I am aware, the first direct presentation of the critical philosophy in America. Kant, Bowen believed, needed an interpreter, rather than a translator, and Cousin he regarded as the best qualified for this task. Nevertheless, Bowen’s own interpretations of various philosophical systems always possessed the lucidity of the French. The presentation he made of the Kantian philosophy did not lead him to become an adherent of it. A system that coupled the refutation of idealism with the denial of space and time he viewed as certainly original; but it could scarcely be expected that such a doctrine would find acceptance by a follower of the common-sense philosophy.

Both the German successors of Kant and the French philosophers were likewise studied during the period of Bowen’s instructorship. In 1841, shortly after he became an editor, his familiarity with them is revealed in two reviews, one on “Fichte’s Exposition of Kant” in the Christian Examiner (1841) and the other on “The Philosophy of Cousin” in the North American Review (1841). The latter paper consists of a detailed criticism of Cousin’s “Elements of Psychology: included in a Critical Examination of Locke’s Essay on Human Understanding,” which had recently been translated from the French by Rev. C. S. Henry. It is to Cousin rather than to Jouffroy, as attested by the translations of this work and by the use of his textbook, that the French School is indebted for the influence which it then began to acquire in England and America. Cousin’s “Elements of Psychology,” which was reviewed by Bowen, was used at Harvard in 1845–46, and became a favorite textbook in a number of other American universities. The fact that Bowen had gained a thorough acquaintance of French and German philosophy while instructor from 1836 to 1839 must be kept in mind, as it was many years after he became a professor before these subjects found a large place in his courses of instruction.

There are two distinct and separate periods both in the method and in the character of instruction given by Bowen as successor to President Walker in the Alford professorship. The first period was from 1853 to 1870, during which he employed the customary method of recitations and adhered to the prevailing Scottish philosophy. The second period lasted from 1870 to his resignation in 1889, in which he gradually adopted the method of lectures as in harmony with the elective system, and introduced the Harvard students for the first time through regular instruction to the domain of German philosophy.

The instruction during the first period of his incumbency from 1853 to 1870 was mainly based upon Reid’s “Intellectual Powers of Man,” Stewart’s “Active and Moral Powers,” Bowen’s “Ethics and Metaphysics,” Hamilton’s “Metaphysics,” edited by Bowen, and Bowen’s “Logic.” From 1853 to 1856 during the first term the junior class recited three times a week in Reid’s “Intellectual Powers of Man” and the seniors three times a week in Stewart’s “Active and Moral Powers.” During the second term the juniors recited three times a week in Bowen’s “Ethics and Metaphysics” while the seniors studied political economy and constitutional law. From 1856 to 1857 the seniors only were taught philosophy. During the first academic term throughout the year this class recited four times a week from Bowen’s “Ethics and Metaphysics,” and likewise from 1860 to 1867 in Hamilton’s “Metaphysics.” During the second term the same class recited four times a week mainly on logic, using in successive years the logic of Mill, of Hamilton, and of Bowen. From 1867 to 1870 the sophomores and juniors were again included with the seniors in the study of philosophy. The sophomores recited at this time during one term, twice a week, in Stewart’s “Metaphysics” and the juniors in Bowen’s “Logic” and Hamilton’s “Metaphysics.” The senior class recited the first term three times a week in Bowen’s “Logic[”] and [“]Political Economy,” and the second term in Hamilton’s “Metaphysics” and Bowen’s “Ethics and Metaphysics.” Forensics were also read in alternate weeks throughout the year by the juniors and seniors. From this survey of the textbooks during the first period of Bowen’s teaching, between 1853 and 1870, it is evident that the Scottish philosophy still predominated in the philosophical instruction at Harvard.

[…]

In 1869, Charles W. Eliot became President of Harvard University. Almost immediately a radical change was effected in the entire method of instruction by the permanent adoption of the elective system. Bowen proved equal to the new demands in the philosophical department. He abandoned in large measure the method of recitation and gradually adopted the lecture system. The range of his textbooks was greatly enlarged. He broadened the entire scope of instruction in philosophy and between 1870 and 1874 introduced no less than five new courses. In 1870-71 he offered a course on formal logic, using doubtless De Morgan’s “Formal Logic,” in conjunction with Bowen’s “Ethics” and Mansel’s “Metaphysics.” He also founded a course in the same year which later was the first to receive in the curriculum the formal designation of “Psychology.” The textbooks used in it were Porter “On the Human Intellect,” Locke’s “Essay,” Cousin “On Locke,” and Mill’s “Examination of Sir William Hamilton.” This course was given for five years from 1870 to 1876. A course was also given for one year (1872-73) in ancient philosophy in which the textbooks studied were by Renouvier, Ueberweg, and Bouillier.

In the development of Bowen’s instruction during the second period, two courses in the history of philosophy are of greatest importance. In 1868 to 1870 a course had been introduced in the general history of philosophy with the use of Schwegler and Kant; and in 1870–71 this course became permanently established as part of the curriculum under the title of “French and German Philosophy.” It continued to be included in Bowen’s teaching for nineteen years, until his resignation in 1889. The textbooks used in it were Bouillier’s “Historie de la philosophie cartésienne” and Kant’s “Critique of Pure Reason” for the entire period; Schwegler’s “History of Philosophy” from 1870 to 1879; and Bowen’s “Modern Philosophy” from 1879 to 1889. In this course, in addition to Kant, the study of the later German metaphysicians was pursued by him with the aid in 1870 of his own excellently written sketches on the “History of Modern Philosophy.” The other course by Bowen mentioned as of significance in his philosophical instruction was one in modern German philosophy. It was first offered in 1873-74 and was given until 1889 throughout the remaining period of his academic instruction. In it German textbooks were for the first time used in the study of philosophy at Harvard. The authors and the works studied were Hartmann’s “Philosophie des Unbewussten” and Schopenhauer’s “Die Welt als Wille und Vorstellung.” These works were translated by the students in the classroom and their philosophical doctrines discussed. To Bowen thus fairly belongs the credit during this period of introducing the study of German philosophy into Harvard. He also laid thereby broad foundations for the future development of the entire field of the history of philosophy in the University.

Bowen’s resignation as Alford Professor of Natural Religion, Moral Philosophy, and Civil Polity took place at the close of the College year, 1888-89. In the annual Report, dated January 16, 1890, President Eliot wrote of him: “Mr. Bowen had been forty years in the service, four years as tutor (1835–39) and thirty-six years as Alford Professor (1853-89). In the earlier part of his service as Alford Professor he gave instruction in all the great subjects mentioned in the title of his chair: in the later years the Plummer Professor and the Professor of Political Economy had relieved him of large portions of the work assigned by its founder to the Alford Professorship. As teacher and author Professor Bowen was always learned, clear, positive, and incisive; as a member of the Faculty he was punctual in attendance, usually, but not uniformly conservative in his action, and courteous though strenuous in debate. In recognition of his long, faithful, and distinguished service he has been elected, since the beginning of the current year, Alford Professor Emeritus.”

Bowen lived only six months after his resignation. His death occurred January 21, 1870. Of him a writer at the time said: “The late Professor Bowen was in some respects a more remarkable man than the comments upon him since his death would indicate. He had not an original mind, but, like Mr. John Fiske, who has given a new popular rendering to American history, he had the faculty of using the knowledge accumulated or the results reached by others in a remarkable degree. He accumulated what was going in economics, politics, literary criticism, philosophical investigation and religious thought, as if in each department he were a specialist and his long list of works shows his versatility in this respect to have been, perhaps, more remarkable than that of any American of his time.”

An innovation in academic instruction occurred during the period of Bowen’s teaching by the addition to the regular curriculum of courses of university lectures. These were given by eminent men in different domains who received annual appointment. Only a few lectures were delivered by any one individual; so that in a course given throughout a single year six lecturers were employed. The system failed as a scheme for giving advanced instruction. The treatment of subjects was too disconnected. Students in the higher branches demanded more continuous and systematic training. The system, therefore, disappeared in 1871-72 after a trial of nine years. The best results, however, according to the President’s Report were attained by it in the year 1869–70 from the courses through the year in modern languages and philosophy. The success of the course in philosophy was undoubtedly due to the brilliant array of lecturers appointed in that year. The list included Ralph Waldo Emerson of Concord, J. Elliot Cabot of Brookline, George P. Fisher of Yale College, Charles S. Pierce and John Fiske of Cambridge. In 1870-71, which was the last year of this University lecture course in philosophy, R. W. Emerson lectured “On the Natural History of the Intellect”; J. E. Cabot on “Kant”; Chauncy Wright of Cambridge on “Psychology” C. S. Pierce on “Logic”; and John Fiske “On the Positive Philosophy.”

III

The development of religious and moral instruction in the University has always been closely associated with the philosophical department. Natural religion and moral philosophy were among the subjects specifically assigned to the Alford Chair. They likewise formed a part of the instruction given by the Hollis Professor of Divinity. Upon the appointment of Professor Bowen in 1853 the teaching of the religious and practical aspects of these subjects, as already mentioned, was transferred to President Walker, although he continued to give a course in “Religious Instruction,” as these branches were then designated, from 1853 to 1855. In 1855, however, a new professorship of “Christian Morals” was established through the will of Caroline Plummer. The full title of the incumbent was at first “Preacher to the University” and “Plummer Professor of Christian Works”; but in 1886 it was changed to “Plummer Professor of Christian Morals.” The course in religious instruction and Christian ethics which had been given by the President was then assigned to the Plummer Professor. The first incumbent of the new chair of Christian Morals was Frederic Dan Huntington (A.B. Amherst 1839), who held it from 1855 to 1860. Instruction was given by him to the freshman class in Whately’s “Lessons in Christian Morals,” and in Paley’s “Evidences of Christianity.” He also heard recitations from the seniors in Butler’s “Analogy.” In 1860 Professor Huntington resigned to become President of Saint Andrew’s Divinity School at Syracuse, New York. Later he became “Episcopal Bishop of Central New York,” an office he held until his death in 1904.

Professor Andrew Preston Peabody (H.U. [Harvard University] 1826) received in 1860 the second appointment made to the chair of Christian Morals. He retained this professorship for the long period of twenty-one years. From 1860 to 1875 he gave instruction twice a week both to the freshman and the senior classes; but from 1875 to 1881 his work was limited mainly to the senior class. With the freshmen he used from 1862 to 1873 Champlin’s “First Principles of Ethics,” which was an elementary textbook devoted chiefly to practical ethics. In 1873 Professor Peabody published a “Manual of Moral Philosophy,” which he had prepared for the special use of his freshman class. This work contained, in addition to a discussion of the motives of action and of the various virtues, an excellent outline of the history of moral philosophy. The textbook prescribed by him for the senior class was changed nearly every year. He used in turn Hopkins’s “Lectures on Moral Science,” Peabody’s “Lowell Lectures on Christian Doctrine,” Bulfinch’s “Evidences of Christianity,” Peabody’s “Christianity, the Religion of Nature,” Fleming’s “Manual of Moral Philosophy,” Stewart’s “Philosophy of the Active and Moral Powers of Man,” Calderwood’s “Handbook of Ethics,” Jouffrey’s “Ethics,” Upham’s “Elements of Mental Philosophy,” Hodgson’s “Theory of Practice on Ethical Inquiry,” Grote’s “Treatise on the Moral Ideals,” Janet’s “Ethics,” and Plutarch’s “Morals.” No better evidence than this list of works need be offered of the wide range of his knowledge and of the character of his instruction in Christian ethics. Upon his resignation in 1884, he was appointed Professor Emeritus. Thereafter he was engaged in constant literary activity, of which one result was the publication of his “Moral Philosophy” in 1887. His death occurred on the 10th of March, 1893. It was the personality of Professor Peabody, even more than the instruction he gave, which proved an inspiration to successive generations of students. He was a modern saint, and, as is said upon his memorial tablet in Appleton Chapel, “Wist not that his face shone ?”

In the foregoing description of the progress of philosophical instruction at Harvard during the eighteenth and nineteenth centuries, we have dealt with the work of successive professors each of whom was responsible for teaching almost all the courses in philosophy. The system of instruction, moreover, during this period was organized to correspond with the four successive years of the college course. A new era was inaugurated with the adoption of the elective system. The classification of courses based upon college classes now gave place to a grouping according to subjects from the elementary to the most advanced. The gradual growth of the elective system resulted in 1879-80 in the entire disappearance of prescribed work in philosophy. Political economy had for many years been taught as part of the work of the Alford Professor of Civil Polity and was included in the department of philosophy even after a special instructor was appointed for the subject. In 1879-80, however, a separate department of political economy was formed. From a very early date forensics also had been regarded the peculiar work of the teacher of philosophy and Professor Palmer had charge of them after his appointment, until they too, in 1879-80, ceased to be required. Henceforward the work of the philosophical department was limited to its own peculiar sphere and the changes which take place therein are those due to development within its own domain. Philosophical instruction under the elective system now devolved upon a staff of teachers each of whom became responsible in large degree for special subjects or branches of philosophy.

Prior even to the adoption of the elective system a beginning had been made towards the enlargement of the philosophical staff. In 1866, Ephraim Gurney was appointed Assistant Professor of Intellectual Philosophy and as an associate of Professor Bowen taught for two years the course given in Bowen’s “Logic” and Hamilton’s “Metaphysics” to the junior class. He had as his immediate successors, who taught the same course, William Wells Newell, Instructor in Philosophy for the year 1868-69, and Ellis Peterson, Assistant Professor of Philosophy for the years 1870-72. But with the transition to the elective system and the consequent formation of a philosophical department, in the early history of which, as already described, Professors Bowen and Peabody had shared, there was made in successive years a series of appointments to the philosophical staff of younger men who were to assume the large responsibilities of the successful development of this important division under the newly adopted elective method of instruction.

[…]

In 1880, Francis Greenwood Peabody (H.U. [Harvard University] 1869) was appointed Parkman Professor in the Harvard Divinity School, where he taught homiletics, ethics, and the philosophy of religion. In 1882-83 he added to the scope of the philosophical instruction by offering two courses in the philosophical department of the College. One of these courses was upon the philosophy of religion and the other upon ethics in relation to religion. In the latter course, he used Spencer’s “Data of Ethics” and Maurice’s “Social Morality.” The social aspects of moral questions here discussed proved significant of the future development of his work. In 1883-84 he offered a course on ethical theories and the social problem, in which he treated the topics of charity, divorce, labor, Indians, prisons, and temperance. Thereafter, in a course designated “The Ethics of the Social Questions,” he discussed the practical ethics of modern society and required of students personal investigation of various institutions of charity or reform. In 1886 he was transferred from the Parkman professorship to the Plummer professorship of Christian Morals as successor to Professor Andrew Preston Peabody and thereby maintained the prestige of an honored name in the department. The work of social ethics developed under him to such proportions as to be formed in 1905 into a separate department of the philosophical division. This department, thoroughly equipped with a library and museum of social ethics, found permanent quarters for social research in 1905 in Emerson Hall.

[…]

A systematic course in which ethical theory was applied to the social problems owed its founding at Harvard, as already stated, to Professor Francis Greenwood Peabody. It was first given by him under the designation of “Social Ethics” in 1884, having been preceded by his course on “ethics in relation to religion” from 1882 to 1884. Religious instruction, Christian ethics, and Social ethics has thus been the progressive terminology applied to their courses of instruction by the three successive Plummer Professors of Christian Morals. In the course on social ethics emphasis was laid by Professor Peabody upon the moral aspects of the social questions as well as the philosophy of society involved. The ethics of the family, of poor relief, of the labor question, and of the drink question, were studied. In addition, students made personal investigations of various institutions for the amelioration of society. Dr. Benjamin Rand was associated with Professor Peabody in the successful development of this course from 1894 to 1902. The staff for the practical study of social problems was further enlarged by the appointments of Professor David Camp Rogers and Professor Jeffrey Richardson Brackett. Through the efforts of Professor Peabody a finely equipped department for instruction in social ethics was made possible by the wise gifts of Mr. Alfred Tredway White, toward the construction and endowment of it in Emerson Hall.

Source:  Benjamin Rand. Philosophical Instruction in Harvard University from 1636-1906. pp. 14-19, 23-25, 28-33, 35-36, 41-42. Reprinted from The Harvard Graduates’ Magazine, Vol. XXXVII, 1928-1929.

Categories
Agricultural Economics Exam Questions Harvard

Harvard. Final Exam for Economics of Agriculture. Carver, 1908-1909

 

In 1911 Harvard economics professor Thomas Nixon Carver published a textbook Principles of Rural Economics  that undoubtedly encompassed the content of his course on agricutural economics first taught in 1903-04. Carver’s book is prefaced with an eight page bibliography.

The eight question final exam for this semester course from 1908-09 is found below.

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Earlier material

ca. 1904 Problem set
1903-04 Final exam
1905-06 Final exam

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Course Enrollment
1908-09

Economics 23 2hf. Professor Carver. — Economics of Agriculture, with special reference to American conditions.

Total 25: 2 Graduates, 10 Seniors, 7 Juniors, 4 Sophomores, 2 Others.

Source: Harvard University. Report of the President of Harvard College, 1908-1909, p. 68.

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Course Description
1908-09

[Economics]23 2hf. Economics of Agriculture, with special reference to American conditions. Half-course (second half-year). Tu., Th., at 2.30. Professor Carver.

A study of the relation of agriculture to the whole industrial system, the relative importance of rural and urban economics, the conditions of rural life in different parts of the United States, the forms of land tenure and methods of rent payment, the comparative merits of large and small holdings, the status and wages of farm labor, the influence of farm machinery, farmers’ organizations, the marketing and distribution of farm products, agricultural credit, the policy of the government toward agriculture, and the probable future of American agriculture.

Source: Official Register of Harvard University, Vol. V, No. 19
(1 June 1908). History and Political Science Comprising the Departments of History and Government, and Economics, 1908-09, p. 56.

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ECONOMICS 23
Year-end Examination, 1908-09

  1. Into what periods would you divide the agricultural history of the United States, and what are the leading characteristics of each period?
  2. What are the chief reasons for the fact that the urban population of the United States is growing more rapidly than the rural population?
  3. Does the law of diminishing returns as applied to agriculture give rise to national problems different from those to which it gives rise in manufacturing? Explain.
  4. Discuss the question: Is further immigration desirable in the interests of American agriculture? State clearly the point of view from which you approach the question.
  5. What agricultural improvements do you associate with the following names: Townsend, Bakewell, Robert Colling, Benjamin Tompkins, Jethro Wood.
  6. What are the chief difficulties in the way of the organization of farmers and farming interests?
  7. What, in your opinion, are the most important things now being done for agriculture by the Federal Government of the United States?
  8. State briefly the chief advantages of large-scale farming; also of small-scale farming.

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 8, Bound vol. Examination Papers 1908-09; Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1909), p. 51.

Image Source: “Picking cranberries.” Card. [ca. 1850–2001]. Digital Commonwealth, https://ark.digitalcommonwealth.org/ark:/50959/fx71c322q  (accessed June 02, 2025).

Categories
Exam Questions Harvard Theory

Harvard. Graduate Economic Theory Exam. April 1962

These posts are unlikely to threaten the popularity of Wordle, but letting graduate prelim exams in economics of yore test one’s wits or perhaps amuse by their presumption is possibly a better use of time for anyone from wannabe economist to crusty old emerita/us in the field.

So with little ado, Economics in the Rear-view Mirror adds Harvard’s April 1962 graduate exam in economic theory to its collection of artifacts. 

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Other Harvard Written Exams
in Economic Theory

April 11, 1961
November 13, 1962
April 8, 1963

_____________________________

PLEASE HAND IN THE EXAMINATION TEXT WITH YOUR BLUEBOOK
HARVARD UNIVERSITY
Department of Economics
WRITE LEGIBLY

Written Examination
in Economic Theory
April 10, 1962

All students must answer Part I; choose four questions from Part II.

Part I (one hour)

State whether each of FOUR of the following statements is true or false, justifying your answer in each case:

  1. The principle that a firm is maximizing its profits when marginal cost equals marginal revenue does not apply to oligopolistic firms.
  2. If a firm’s average cost curve in always decreasing, that firm will lose money if it sets its price equal to its marginal cost.
  3. If the price of a commodity rises, the demand for that commodity may rise too and the quantity offered for sale may fall.
  4. If production of the purely competitive firm is subject to constant returns to scale, a firm will not be minimizing cost unless it is producing in the range where every factor is subject to non-increasing returns.
  5. If a monopolist sells in two separated markets with different demand curves, in order to maximize his profits he must charge a lower price in the market where the elasticity of demand is lower in absolute value.

Part II (three hours)

  1. Keynes stated that from a policy viewpoint everything that can be done by money wage cuts can be done more effectively through monetary policy.
    1. Is this statement compatible with the theoretical framework of the General Theory?
    2. If a Haberler-Pigou-Patinkin real balances effect was of significant quantitative importance, would this change your conclusions about the two policies?
  2. Discuss the relative merits of financing a new superhighway by tolls or by gasoline taxes.
  3. “The theory of the competitive market system’s pricing of all products, allocation of resources, and distribution of income through payments for the factors of production, seemed to many nineteenth-century economists the main part of all economic theory, because it seemed to best demonstrate the desirability of the liberal, competitive regime.”
    Discuss the implications and validity of the statement, and support your points by considering as cases any two (your own choices) of the “many” theorists presumably referred to.
  4. Using a two commodity model, show that, with independence of utilities and an assumption of diminishing marginal utility for each good, there can be no “inferior” good.
  5. In different contexts the Stockholm school, exemplified by Ohlin, and post-war economists like Harrod have proposed theories of the dynamic instability of economies. Sketch these two types of theory with particular emphasis on the differences between them.
  6. Would there be time preference or waiting in a static state? A “marginal productivity” of capital? Liquidity preference? Interest? Discuss the issues in each case. Be sure your own answers are consistent with each other.
  7. The possibility of “excess capacity” under monopolistic competition has been vigorously defended and categorically denied. State and defend your own views, with some discussion of both sides of the question.

Source: Duke University. Economists’ Papers Archive. David M. Rubenstein Rare Book & Manuscript Library. Edward H. Chamberlin Papers, Box 17, Folder “Economics Department 1960-62”.

Source: Harvard University. From the cover of the Class Album 1946.