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July 23, 2025, 03:06:50 am
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Author Topic: Economics exam discussion  (Read 21698 times)  Share 

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theshunpo

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Re: Economics exam discussion
« Reply #60 on: November 06, 2014, 08:21:05 pm »
Quote from: jia0020 on November 06, 2014, 07:35:38 pm
It was a good exam with good balanced questions.

The most problematic question for me (and my class) was the one about Transmission Mechanisms. But I talked about Buying/Selling Government Securities so I should be fine.

Did anyone else think that the MC questions were easy this year?

Yeah the MC was quite easy, I did most of them during reading time. Q13 was probably the most difficult question imo.
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sam.utute

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Re: Economics exam discussion
« Reply #61 on: November 06, 2014, 09:59:29 pm »
Quote from: jia0020 on November 06, 2014, 07:35:38 pm
It was a good exam with good balanced questions.

The most problematic question for me (and my class) was the one about Transmission Mechanisms. But I talked about Buying/Selling Government Securities so I should be fine.

Did anyone else think that the MC questions were easy this year?

The transmission mechanism question wanted discussion around the different channels (e.g. Cash Flow, Availability, Cost of Credit, Exchange Rate etc.). You needed to explicitly call out and discuss two of those for full marks.

Agree, MC were reasonably straightforward.

EDIT: My post with the link to the solutions keeps disappearing (not sure what's happening), but please check out the solution to the transmission mechanism question. Let me know if you have any questions about it.
« Last Edit: November 06, 2014, 10:01:55 pm by sam.utute »
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abcdqdxD

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Re: Economics exam discussion
« Reply #62 on: November 06, 2014, 10:27:04 pm »
See first post for link to Sam's extended response solutions.
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jia0020

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Re: Economics exam discussion
« Reply #63 on: November 07, 2014, 12:47:52 pm »
Link Seemes to be Broken


Transmission Mechanism seems the one to stuff up everybody.

Any other hard questions of the exam?
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sam.utute

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Re: Economics exam discussion
« Reply #64 on: November 07, 2014, 02:38:29 pm »
Quote from: jia0020 on November 07, 2014, 12:47:52 pm
Link Seemes to be Broken


Transmission Mechanism seems the one to stuff up everybody.

Any other hard questions of the exam?

Working for me?

I'm very curious to see what examples people used. I noticed there were a lot of questions requiring some knowledge of the current economic climate (and this years budget).
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Beritz

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Re: Economics exam discussion
« Reply #65 on: November 07, 2014, 03:41:24 pm »
Connects answer for Q6 is wrong surely
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abcdqdxD

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Re: Economics exam discussion
« Reply #66 on: November 07, 2014, 05:03:36 pm »
Quote from: Beritz on November 07, 2014, 03:41:24 pm
Connects answer for Q6 is wrong surely

There was a bit of debate over question 6 (even between last year's 50 ss students), however most went with B. Personally, I went with B as well.
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Beritz

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Re: Economics exam discussion
« Reply #67 on: November 07, 2014, 10:52:18 pm »
Quote from: abcdqdxD on November 07, 2014, 05:03:36 pm
There was a bit of debate over question 6 (even between last year's 50 ss students), however most went with B. Personally, I went with B as well.

yeah, the rapidly depreciating dollar gave it away I thought.
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