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Omicron Delta Gamma

Omicron Delta Gamma is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Omicron Delta Gamma rather than just read about it. In short: Omicron Delta Gamma (ΟΔΓ) also known as The National Order of Artus, was an American collegiate honor society for economics. It was established in 1915 by the merger of student economics organizations at the University of Wisconsin in Madison, Wisconsin and Harvard University in Cambridge, Massachusetts.

Key takeaways

  • Omicron Delta Gamma belongs to science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Omicron Delta Gamma to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Omicron Delta Gamma from memory before moving on to harder problems.

Reference excerpt

Omicron Delta Gamma (ΟΔΓ) also known as The National Order of Artus, was an American collegiate honor society for economics. It was established in 1915 by the merger of student economics organizations at the University of Wisconsin in Madison, Wisconsin and Harvard University in Cambridge, Massachusetts. It expanded to include 36 chapters in the United States. In 1963, Omicron Delta Gamma merged with Omicron Chi Epsilon, a similar organization, to form Omicron Delta Epsilon.

History The Economics Society (aka The Order of Artus) was established by students at the University of Wisconsin in Madison, Wisconsin on June 6, 1913. It was sponsored by Thomas K. Urdahl, chairman of the department of economics. At some point during its first two years, The Order of Artus began using the Greek letter name Omicron Delta Gamma. A similar organization, the Undergraduate Society of Economics formed at Harvard University in Cambridge, Massachusetts in December 1913 and was sponsored by Professor F. W. Taussig. On May 7, 1915, the Economics Society and the Undergraduate Society of Economics merged to form The National Order of Artus (Omicron Delta Gamma), a men's honorary fraternity for economics. Taussig and John R. Commons, a University of Wisconsin professor, oversaw the merger. The purpose of Omicron Delta Gamma was "to encourage closer academic and social ties between honor students and faculty" and "the furtherance of the study of economics". In 1916, chapters were organized at Washington University in St. Louis and the University of Denver. These were followed by a chapter at the University of Iowa in 1917. Chapters were chartered at Vanderbilt University and the University of California in 1921. The latter was organized by professors Ira B. Cross and Paul Schuster Taylor. The fraternity held a national convention in Madison, Wisconsin, in May 1922. By 1930, Omicron Delta Gamma had established nine additional chapters. The organization's growth slowed during World War II, ultimately losing three chapters. However, it added numerous chapters throughout the 1950s. On January 1, 1963, Omicron Delta Gamma merged with Omicron Chi Epsilon, a similar organization established in 1955, to form Omicron Delta Epsilon. At the time of the merger, the Omicron Delta Gamma honor fraternity had 28 active chapters, eight inactive chapters, and 6,400 initiates.

Symbols The ritual of the Order of Artus borrowed from the legend of King Arthur (Artus). Three altars were used during the society's initiation ritual, including an altar of production, an altar of distribution, and an altar of valuation. After explaining the three alters, the master of the round table would tell the story of King Arthur. This included reading:Brothers, our fraternity is patterned after the Artus-hoffen of the medieval German cities. These societies were commercial city societies. The members were the rich merchants and public spirited men of the cities. The societies met frequently to deliberate on the economic and commercial welfare of the city. At the meeting, there was a small image of St. George slaying the dragon on the table. St. George was the patron saint of the society. This society was a branch of the Knights of the Round Table.The badge of Omicron Delta Gamma was key that bore the Greek letters "ΟΔΓ" on one side and, on the other side, the image of an arm rising from water with a sword under the word "Artus". This represented King Arthur's sword Excalibur, which was said to have been caught by an arm rising from the water when tossed into the sea. The side of the key with Greek letters allowed a blank space where the school and member's name could be engraved. In addition, the group held "round table" discussions. The officers of the Grand Chapter of Artus included the grand master of Artus, the grand master of the round table, a master of rolls, and a chancellor of the exchequer. The National Order of Artus also had a Grand Chapter of Artus. Its officers included the grand master of the round table, the grand master of the rolls, and the grand chancellor of the exchequer, collectively called the "Golden Triangle". The group's nickname was Artus.

Membership Membership in Omicron Delta Gamma was limited to juniors and seniors who were majoring in economics. In the 1930s, membership was further limited to those students who achieved a minimum academic standard in economics and their overall college work. In 1958, this requirement was a 3.0 GPA after completing ten hours of advanced economics. Economics faculty members were also initiated into the society.

Chapters Following are the chapters of Omicron Delta Gamma.

Notable members Matthew Bucksbaum, cofounder of General Growth Properties John R. Commons, institutional economist, Georgist, progressive and labor historian at the University of Wisconsin–Madison Ira B. Cross, institutional economist at the University of California, Berkeley Frank R. Strong, dean of the Ohio State University Moritz College of Law F. W. Taussig, economist and chair of economics at Harvard University Paul Schuster Taylor, progressive agricultural economist and professor at the University of California, Berkeley Walter E. Williams, economist, radio commentator, and professor of economics at George Mason University

See also Honor society Professional fraternities and sororities

References

Worked examples

Example 1 — a first encounter with Omicron Delta Gamma

Start with the simplest possible case. Write down what Omicron Delta Gamma claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Omicron Delta Gamma before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Omicron Delta Gamma ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Omicron Delta Gamma

In research
Omicron Delta Gamma appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Omicron Delta Gamma in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Omicron Delta Gamma is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1915 establishments in Wisconsin, 1963 disestablishments in the United States, Economics organizations, so understanding it makes those chapters shorter.
In everyday life
Look for Omicron Delta Gamma outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study Omicron Delta Gamma in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Omicron Delta Gamma means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Omicron Delta Gamma out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Omicron Delta Gamma in simple terms?

Omicron Delta Gamma (ΟΔΓ) also known as The National Order of Artus, was an American collegiate honor society for economics. It was established in 1915 by the merger of student economics organizations at the University of Wisconsin in Madison, Wisconsin and Harvard University in Cambridge, Massachu…

Why does Omicron Delta Gamma matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Omicron Delta Gamma?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Omicron Delta Gamma.

Tags

  • 1915 establishments in Wisconsin
  • 1963 disestablishments in the United States
  • Economics organizations
  • Fraternities and sororities in the United States
  • Merged honor societies
  • Student organizations disestablished in 1963
  • Student organizations established in 1915

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