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last updated: 4/20/2012

Collection Development Policies - Economics

Economics Collection

  1. Introduction
    1. Purpose of the policy statement
      The purpose of this collection development policy statement is to provide, in general, members of the Subject Area Librarians Council with guidelines for the parameters of the Economics collections. More specifically, the collection development policy statement provides the Economics Subject Area Librarian with guidelines for reflective practice and helps Economics Faculty and Students understand how the collections are structured and developed, facilitating in both instances the potential for mutual understanding between Librarian, faculty, and students by providing a framework for dialogue.

    2. Audience
      The audience for this policy is thus the Subject Area Librarians Council, the Economics Subject Area Librarian, and Faculty and Students whose focus or interest is in the area of Economics.

    3. Description of institution/department and clientele
      Description of institution/department and clientele: The Department of Economics at Indiana University is one of the highly ranked departments in the United States, offering comprehensive coverage of the major fields in modern economics. It currently has 26 faculty members participating in the graduate program, approximately 80 graduate students, and 330 undergraduate majors. The department has existed since 1935, and has awarded more than 500 Ph.D. degrees. During the course of the academic year, the department sponsors numerous lectures by outstanding economists from other universities, as well as in-house lectures by department faculty and students. The department conducts workshops in microeconomics, macroeconomics, econometrics, economics of transition/development and economic history. The department also cosponsors speakers with multi-disciplinary appeal with other units of the university. Faculty members have active research and publication programs and make frequent presentations at international, national, and regional professional meetings. The faculties have wide ranging interests that cover the major fields of the discipline, and they utilize a wide spectrum of methodological approaches to the discipline. The Url for the Department is:

    4. Brief overview of the collection
      1. History of the collection
        The economics collection dates back to the opening of the Maxwell Hall library in 1891. A seminar room for economics was located in one of the two-story wings of the library. In 1914, to supplement the collections in economics the library began collecting and classifying documents from every state, many cities, learned societies, universities, and foreign countries. In 1937 a separate library was started for Business and Economics. Eventually the economics collection was transferred and incorporated into the Main Library.

      2. Collection strengths and weaknesses
        Primary areas of strength are general economics, theory and philosophy, international economics, regional economics, economic policy making, quantitative methods and data, monetary and fiscal theory, economic growth and change, American Economic system, European Economic system. The secondary subjects for collection are: trade unions, industrial economics, technological forecasting; transportation and communication; economic geography; public finance; consumer economics; environmental economics; health economics.

      3. Subject areas emphasized or deemphasized
        Same as number "ii".

      4. Collection locations
        This would include the Main Library and the Business/SPEA Library.
  2. Scope of Coverage
    1. Languages collected and excluded
      The acquisitions policy is determined by language consideration. Comprehensive coverage of English language materials and very selective coverage of materials in French and German, Spanish and Italian.
      LC ranges include:
      HA0001-HA0028 Statistics
      HB0001-HB0521 Economics
      HC0001-HC0091 Economic History
      HD0001-HD0100 Economic History, Conditions
      HF0001-HF0070 Commerce
      HG0001-HG0178 Finance
      HJ0001-HJ0240 Public Finance
      HT0388-HT0388 Communities, Classes, Races
      RA0410-RA0410 Public Medicine
      Z7164-Z7164 Bibliography, Library Science -economics

    2. Geographical areas covered and excluded
      As a rule, materials dealing with other geographic areas are not considered if they focus on individual countries, especially countries covered by the Area Studies Librarians. Materials are considered if they deal with a particular subject on a continental basis, or large geographical areas. This is to insure that important works of such a nature are acquired if they have not already been by the Area Studies Librarians.
      1. Primary Countries: United States, Canada, Great Britain, Ireland, Italy, Germany, Spain, Portugal, France, Norway, Denmark, Sweden, Belgium, Netherlands, Austria, Switzerland, Luxembourg, Iceland, Greece, Australia, New Zealand.
      2. Secondary Countries: China, Japan, Korea, India, Pakistan, Afghanistan, Turkey, Egypt, Israel, Syria, Lebanon, Jordan, Iraq, Iran, Saudi Arabia.
    3. Chronological periods covered and excluded
      The emphasis of collection development is to acquire materials supporting current research.

    4. Dates of publication of materials collected; current vs. retrospective coverage
      Acquisition of introductory texts is made on a very selective basis. Retrospective acquisitions are done very selectively, focusing on the purchase of important works. Retrospective selections include reviewing reprint publications, microfilm collections, and out-of-print catalogs. If an electronic version of a serial is available, the library will not normally buy the additional print version as well.

    5. Formats collected and excluded
      Materials are not considered if their contents are contained in other sources (e.g., government publications or periodicals). Materials which are a compilation of articles such as edited works and readers are not collected, unless the work is a collection of original essays.
  3. Collecting Responsibility
    The Economics fund manager is the primary collection manager. The economics fund manager collaborates with the fund manager for Business, SPEA, Government Documents and Reference.

  4. Related Collections
    GIMSS; Business; Law; SPEA, Political Science; Media; History; Mathematics; Reference; and all Area Studies.

  5. Principal Sources of Supply and Major Selection Tools
    1. The library has an approval plan for books published by U.S., Canadian, and British university presses.

    2. The other approval plan covers non-university scholarly presses in the social sciences and humanities.

    3. Other selection tools include Library Journal, Choice, Publishers Weekly and blurbs sent to me directly from publishers and patrons. I also review numerous scholarly journals in the discipline.
  6. Preservation
    1. Criteria for selection for preservation and/or mass deacidification
      Pre 1900 imprints

    2. High-priority areas of the collection for preservation review and treatment
      Pre 1900 imprints and materials in economic history
  7. Selection Criteria for ALF
    The fund manager has completed reviewing the entire economics' collection for ALF. Materials older than 20 years were sent to ALF.

  8. Digital Projects
    1. Criteria for selection for digitization
      Unique or rare materials

    2. Priorities for collections to be digitized
      Materials relating to economic history and statistical compilations
  9. Other Resources and Libraries
    CIC Libraries, Library of Congress

  10. Consortial Agreements

Economics Collection Home Page

Revised April 2012

last updated: 4/20/2012