Which of these is correct?

Overcapitalization is a Major problem in Today's world. Thankfully, the rules are fairly simple to memorize. Do capitalize: proper nouns like Kalamazoo and Aunt Becky, titles of publications or other works, brand names, months and days of the week, time zones, the first words of sentences, geographical regions (e.g., the Midwest), a person's title when it comes immediately before their name (e.g., President Smith or Chairman Bill Bob), and the official title of a group when using the full name (e.g., Drexel University Board of Trustees). Don't capitalize: pretty much anything else, including a person's title when it doesn't precede their name and a group's title when it's not being used as part of a proper noun (e.g., "Bill Bob was chairman of the board of trustees of Drexel University"), fields of study unless part of an official department name (e.g., majoring in economics, the Drexel University Economics Department), the names of directions (e.g., travel north for ten miles), or seasons of the year.

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