Potential Cost Savings and Framework of Strategies for Improved Delivery of Government Services
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The Department of Economic Science was founded in 1898 to teach economic theory as a truth of industrial life, and was very much concerned with applying economics to business and industry, particularly agriculture. Between 1910 and 1967 it showed the growing influence of other social studies, such as sociology, history, and political science. Today it encompasses the majors of Agricultural Business (preparing for agricultural finance and management), Business Economics, and Economics (for advanced studies in business or economics or for careers in financing, management, insurance, etc).
History
The Department of Economic Science was founded in 1898 under the Division of Industrial Science (later College of Liberal Arts and Sciences); it became co-directed by the Division of Agriculture in 1919. In 1910 it became the Department of Economics and Political Science. In 1913 it became the Department of Applied Economics and Social Science; in 1924 it became the Department of Economics, History, and Sociology; in 1931 it became the Department of Economics and Sociology. In 1967 it became the Department of Economics, and in 2007 it became co-directed by the Colleges of Agriculture and Life Sciences, Liberal Arts and Sciences, and Business.
Dates of Existence
1898–present
Historical Names
- Department of Economic Science (1898–1910)
- Department of Economics and Political Science (1910-1913)
- Department of Applied Economics and Social Science (1913–1924)
- Department of Economics, History and Sociology (1924–1931)
- Department of Economics and Sociology (1931–1967)
Related Units
- College of Agricultural and Life Sciences (parent college)
- College of Liberal Arts and Sciences (parent college)
- College of Business (parent college)
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Abstract
This Preliminary Assessment represents a response to an important and timely request for information from the Governor's Strategic Planning Council. This report represents a limited response based on findings and principles from existing applied studies, academic literature, and input from a knowledgeable range of expertise from the private and public sectors represented on the Iowa Research Council Public Finance Study Development Committee. The intended purpose of this report is to provide a basis for discussion by the Governor's Strategic Planning Council as well as other state and local policymakers, leaders and citizens. The specific questions provided to the Iowa Research Council included: (1) Is there potential to generate significant savings from consolidation of public services across counties, schools and cities? (2) Will any potential savings from government consolidation be significant enough to fund major new statewide initiatives? (3) Is telecommunications technology changing the economies ofscale for provision of public services? (4) What are the alternative strategies for efficient provision of public services in areas of growth and decline?