ecc1000 exam

[TrueTears]

how u guys go?

cool exam

[lynt.br]

I don't understand how we are supposed to get 10 more marks on questions that were only worth 5 marks in the tute tests.

other than that I screwed up the export subsidy question by attempting to redo it in the last 30 seconds then realising I had it right the first time round. Hopefully they ignore this random line I drew through my graph which isn't labelled or anything and I still get marks for my first graph.

Most questions had to be cut short because of either:
a) running out of time
b) not enough space to write out a full answer -___-

seriously.... they make some questions worth three times as much as in the tute tests and give us less space to write an answer....

Lack of hurdle requirement = lifesaver.

[*ryan777*]

yeah, i disagree with the marking allocation for that exam too
i mean cmon, 10 marks for stuff like "what is a common resource?"

i have mixed feelings, i may not have done well due to lack of time to give a decent answer (especially towards the end)  but then again not an overly hard exam so yeah...

one thing i dont like is what r they trying to test? memory or application of concepts?
cos if u had just memorized some stuff from the lecture slides there was no need to even learn microeconomics

in summary, didnt like the exam but after accounting and stats exams im just happy to not feel like suiciding for once

[methodsman]

luckily i memorised the answers from the tute questions --> the exam was practically just that! Except im a bit worried about that export subsidy question.
Overall, that exam compensated partly for the downfall in accounting =(

[*ryan777*]

luckily i memorised the answers from the tute questions --> the exam was practically just that! Except im a bit worried about that export subsidy question.
Overall, that exam compensated partly for the downfall in accounting =(

what did we need to explain for that question? everyone seems to have writen something different after they did the usuall welfare analysis etc etc

[methodsman]

other than that I screwed up the export subsidy question by attempting to redo it in the last 30 seconds then realising I had it right the first time round. Hopefully they ignore this random line I drew through my graph which isn't labelled or anything and I still get marks for my first graph.

oh crap - i screwed that one up to - i realised that i drew only one DWL (i drew the production subsidy graph).
ah shit............dammit, why couldnt they have put a similar Q in the unit guide....