Notes on course grades

Course grades were determined by the following distribution:

A: 85% and higher

B: 75% - 84.9%

C: 60% - 74.9%

D: 50% - 59.9%

F: below 50%

Class average: 76.7%

To those of you who wrote on the Joan Robinson quote: Nice work!

Final Exam Question

Please keep in mind that you will have two short answer problems in addition to several multiple choice problems.

According to the review guide, one of the short answer problems will be of a "comprehensive" nature. Rather than answering that specific problem, you will have the option of writing on the "Final Exam Problem" as indicated on the syllabus (on the Joan Robinson quote).

To be clear: there are 2 short answer problems. One you MUST write on. The other problem will be a more general problem or the reaction to the Joan Robinson quote.

Please do not ask for a copy of the syllabus. That is a document you ought to have retained. However, you can get a copy from the archive folder in the class folder on the I-drive.

Answer Key to Study Questions for the Final

Sorry this took so long.

Please email or IM me if you think any of these is incorrect.

1-D, 2-A, 3-A, 4-B, 5-A,
6-B, 7-B, 8-D, 9-A, 10-D,
11-B, 12-B, 13-B, 14-A, 15-C, 16-B,
17-D, 18-A, 19-C, 20-B,
21-D, 22-C, 23-B, 24-C,
25-C, 26-C, 27-A, 28-D, 29-B, 30-D,
31-B, 32-D, 33-C, 34-A, 35-C,
36-B, 37-D, 38-C, 39-A, 40-A, 41-C, 42-C, 43-C,
44-C, 45-A,
46-C, 47-B, 48-B, 49-A, 50-A,
51-B, 52-B, 53-A, 54-D, 55-A,
56-B, 57-B, 58-B,
59-C, 60-B, 61-C, 62-B, 63-B.

Sorry about the few technical monopolistic competition questions. I'll keep those simpler for the test.

Final Exam: Coming sooner than you think!

The sample multiple choice problems can be found on the I-drive. You can also find a copy of the review sheet that was handed out in class on the I-drive as well.

I will try to post the answer key by the end of the week, but if it doesn't show up until next Monday (the 7th) please be understanding.

Don't wait until the 8th to start your studying! The 9th will be here sooner than you think!

J

Homework #8 Correction

Please note:

The demand schedules for problem 3 and 4 are switched.

The demand schedule for Problem 3 (Baxter Brothers Film) should be:

Price of a download	Quantity of downloads demanded
$10	0
8	1
6	3
4	6
2	10
0	15

The demand schedule for Problem 4 (Download Records) should be:

Price of a download	Quantity of downloads demanded
$22	0
20	1,000
18	2,000
16	3,000
14	4,000
12	5,000
10	6,000
8	7,000

I'm so sorry for the sloppy editing on my part.

A corrected copy of the assignment is on the I-drive.

Answer Key to Study Questions for Test #3

Here is the key to the sample multiple choice problems for test 3.

I put this together rather quickly. Let me know if you think there are any errors. And be sure to check back in the event there are errors or clarifications.

1-C, 2-A, 3-D, 4-C, 5-B, 6-D,

7-D, 8-A, 9-B, 10-C, 11-B, 12-C, 13-D, 14-D,

15-A, 16-C, 17-D, 18-A, 19-C, 20-B,

21-A, 22-B, 23-E, 24-B, 25-A, 26-B,

27-C, 28-C, 29-E, 30-B, 31-C, 32-B, 33-B, 34-C,

35-A, 35-A, 37-B, 38-C, 30-A, 40-A,

41-D, 42-B, 43-B, 44-B, 45-B, 46-D, 47-B,

48-A, 49-C, 50-D, 51-B, 52-A, 53-C, 54-A,

55-D, 56-A, 57-A, 58-B, 59-C,

60-D, 61-E, 62-C, 63-A

any corrections will be explained below

(no corrections at this time)

Test #3 practice problems are available

I have posted the sample multiple choice problems for Test 3 on the I-drive. You can also find the review sheet for test 3 as well as homework assignment due Wednesday.

I'll post the answer key on Monday.

J

Test 2 results

Results for test 2 are posted in the I-drive folder (filename: Test 2 results).

I only reported results for those who filled in the scan sheet as instructed. Some people did not fill in the appropriate spaces. Others used the banner id. I did not report those either.

The test was obviously difficult but the curve is pretty significant.

Have a good break.

J