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Douglas, Paul Howard, 1892-1976 (B3) A US economist who was taught, and much influenced, by John Bates CLARK at Columbia University. For most of his academic career, i.e. 1920-4 and 1927-48, he was a professor at Chicago. As US Senator for Illinois in 1948-66, he fought for family allowances, old-age pensions and pro-union legislation.<br /> In 1928, he used MARGINAL PRODUCTIVITY THEORY as the foundations of the COBB DOUGLAS PRODUCTION FUNCTION, the leading approach on the subject until 1961. His early work on wages included a seminal study of LABOUR FORCE PARTICIPATION relating wages to participation within major US cities and attempting to vindicate MARGINAL PRODUCTIVITY THEORY.<br /> <br /><em>Reference</em><br />Douglas, P.H. (1934) Theory of Wages, New York: Macmillan.
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<strong>Anticipated Graduation Date (AGD)</strong> – The date a student expects to graduate. May also be referred to as the Expected Graduation Date (EGD) or the Anticipated Completion Date (ACD).
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<strong>Missouri task force</strong> – Former name for the MDHE' s State Student Financial Aid Committee, comprised of financial aid administrators and established in February of 2005 to make recommendations to improve the Missouri student financial assistance programs.
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