xid-7864903_2 - What to expect on the midterm exam The...

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What to expect on the midterm exam The midterm exam takes place on Tuesday, Oct 25 . It covers the material from the beginning of the semester through the material covered in class and in the text through Thursday, Oct 20. All material and topics covered in those chapters, in the lectures, in the class notes, links and articles posted on the website, and from the problem sets are fair game for the exam. If you have been following along in class, working on the problem sets, and studying the text and the articles, you won't see any surprises on the exam - it will emphasize the topics and ideas we've spent most time on in class. The exam gives you an opportunity to demonstrate your knowledge of those topics. The first part of the exam – about 65 or so of the 100 points - will have about 3 or 4 questions, of which you select 2 or 3 to answer. The first part of the exam may include a question required of everyone. The questions will pose problems or situations that you’ll be expected to describe, solve and explain. The questions will not be multiple choice, nor will they ask you to define a term or concept. Instead, you’ll be expected to recognize the idea, concept or topic, and then solve, describe or explain using the correct terminology, with reference to the correct theories, concepts and ideas. I will be looking for your ability to give clear, concise, and correct explanations of the economic events, phenomena, problems, or situations described in the questions. The second part of the exam (the remaining 35 or so points) will consist of about 3-5
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xid-7864903_2 - What to expect on the midterm exam The...

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