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Hyman Marcus is a fast-talking former math teacher and Phi Beta Kappa man (Columbia) who in three years transformed a shaky manufacturer of laundry machines into a corporate complex grossing more than $90 million. In late 1953 he bought his way into U.S. Hoffman Machinery Corp., an oldtime concern with $13 million in debts, shored up its tottering finances, became president in 1954. By trading stock in the Hoffman Corp., he acquired 23 profitable subsidiaries, manufacturing everything from candy to tin cans. But somewhere along the line, Hyman Marcus' magic touch began to fail. Day after...
Crooks noted that future employers had to be taken into consideration in making college plans, and advised, "don't be aloof from the requirements of the economic world, but don't be governed by them." He urged that each freshman include "some basic science and math" in his curriculum, because employers often look for students with this training...
...final change, however, will apply to all concentrators in the field. Beginning next fall, courses in Mathematics above the level of Math 11 and any courses offered by the new department of Statistics will count as "related." Previously, only History, Government, and Social Relations have been considered related fields. This last change is in line with the department's desire to broaden the range of study of its concentrators...
...fails to utilize a valuable resource--mathematical background--that many of its students possess. Of fundamental importance in many fields of higher economics, mathematics can be successfully utilized at the elementary levels also. The department should set up special section within Ec 1 for those students with preparation in math...
Such sections would serve a twofold purpose. Those able to cope with the math involved would no longer be forced to waste their time in section while instructors laboriously avoid math in their explanations of economics Phenomena or expound mathematical fundamentals. Time saved by the use of math could be spent on other phases of the course. In addition, such sections would tend to be more theoretical, thus avoiding an alternative approach to the subject for those interested...