2024 Exam 1
REVISED:
Translation of Raw Scores to a Letter Grade, as if this Exam were the only thing I was basing your course grade on. (There will be a lot more differentiation after all the exams and other assignments! Don’t worry if your grade is a little lower than you hope. It will be easy to raise it by extra effort.)
TO GET YOUR RAW SCORE, DON’T FORGET THAT FOR BONUS QUESTIONS A CORRECT ANSWER IS 2 POINTS; AN INCORRECT ANSWER IS 1 POINT. (FOR ALL OTHER QUESTIONS, A CORRECT ANSWER IS 1 POINT; AN INCORRECT ANSWER IS 0 POINTS.)
A: 43-45
A-: 42
A-/B+: 41
B: 39-40
B-: 37
C+: 35-36
C: 32-34
C-: 19-28
C-/D+: 15-18
************
Note: The Shell will tell you which of your blog post reading assignments will have questions on the exam.
Special Note: On Exam 2 (not Exam 1) I will have some questions asking you to interpret one or more monetary policy articles from the Wall Street Journal. They usually appear at the top of the second page and appear almost every day.
Main Practice Exam (that you should take before class on Monday, February 12:
Plan to do this practice exam on the February 10-11 weekend. You need to time yourself! Try to do it in 50 minutes just as if it were a real exam. Once the 50 minutes are up, then take all the time you want to try to get more questions, without looking at the answers. Only then should you look at the answers.
Exercises and Handouts to Help You Prepare for the Exam
Make sure you have read “The Logarithmic Harmony of Percent Changes and Growth Rates"
Growth Rates and the Rule of 70 (.doc download)
Returns to Scale Exercise (This semester you won’t need this exercise for an exam until Exam 2)
Extra Practice Exams
2020
2019
2018
2017