How did everyone go in intro eco?

[Noblesse]

Yes, it was an awful exam on the account that section C was very long.  Personally, I found that the questions provided almost the same standard as those questions provided last year (one or two a little easier - like that game theory one in part C) but just the length of the exam was just terrible.

Game theory lol, on the 2009 exam, we had to draw this MASSIVE game theory tree. Mine was soooooooo messy.

[redmosez]

It was okish.

I didn't realise there was a question at the back of the last paper, so basically spent about 2 mins on it right at the end.

It was a pretty easier question for 6% though.

Calc1 on the other hand... ewww

[Ilovemathsmeth]

Haha I've got the opposite view. Calc 1 = better exam than micro which was plain screwed.

[darlok]

Yes, it was an awful exam on the account that section C was very long.  Personally, I found that the questions provided almost the same standard as those questions provided last year (one or two a little easier - like that game theory one in part C) but just the length of the exam was just terrible.

Game theory lol, on the 2009 exam, we had to draw this MASSIVE game theory tree. Mine was soooooooo messy.

Our tutor taught us shorthand for that, saved a lot of time. For a lot of kids it is their only H1 over their whole course, I didn't think I did that well and got an 89.

[Ilovemathsmeth]

That's absolutely amazing!! I really want a 60 in the subject - no doubt it won't be higher than that.

[laynie]

That's absolutely amazing!! I really want a 60 in the subject - no doubt it won't be higher than that.

I hear intro micro and inter macro are exemption subjects for actuarial students, meaning you need a 73 average over both...

[AzureBlue]

That's absolutely amazing!! I really want a 60 in the subject - no doubt it won't be higher than that.

I hear intro micro and inter macro are exemption subjects for actuarial students, meaning you need a 73 average over both...

Yeah, they are, gladly So do you basically need to get 73+ in every subject if you're majoring in Actuarial Studies including your breadth subjects to gain IAA exemption? What an odd number.

[Ilovemathsmeth]

Where'd you hear this? Because when I e-mailed the head of Actuarial Studies, he told me that this was just a rumour and that there are no other requirements for macro/micro except for pass.

[Gloamglozer]

I'm pretty sure you only need a total of 150 in both Calculus 2 and Linear Algebra (ie. 75 average in both) to progress to second year actuarial studies.  That is a total of 150 in both subjects in order to do the second year maths subjects required for your major.

You only need to pass Intro Micro, Intro Macro and Inter Macro, I heard.

[Ilovemathsmeth]

I've heard the same, except that the 75 average was for Calc 1 and Calc 2. I'm not sure if there's a prerequisite for linear algebra though.

[QuantumJG]

Lol this thread basically illustrates how I felt after Introductory Personal Finance.

Also: ILMM calculus 2 is a really fun subject, but Linear Algebra is really difficult (lol I'm doing it again this year - only at a much more difficult level), just do everything in the question booklet (especially the proofs - This is the first maths subject where proofs aren't like those you did in high school).

[Ilovemathsmeth]

OMG that sounds scary - what kind of proofs are you required to know? :S

[QuantumJG]

OMG that sounds scary - what kind of proofs are you required to know? :S

This was probably the most difficult question I saw in my Linear Algebra exam.

[Ilovemathsmeth]

I didn't understand that at all

Though I recognise the term 'linearly independent' from the Essential Specialist Maths book

[QuantumJG]

In calculus 1 you would have looked at vectors and a linearly dependent vector is a vector that can be written in terms of other vectors.

So if a vector space S is linearly independent it means that it's bases (think of them as vectors that you can use to construct another vector) are linearly independent of eachother.

I didn't know how to prove b.

The span of a vector space is all the vectors that can be created by adding the bases together.

I didn't know how to prove d.

Well I have a lot to revise with Group Theory and Linear Algebra.

The thing with Linear algebra is a lot of the content is NOT covered in VCE so there is stuff that is downright confusing.