I have posted the solutions for Class Problems 14.1 and 15.1 from last Monday night’s lecture (see pp. 11–13 and p. 31) of the lecture note). 

I also noted on Monday evening that there are two final two extra credit opportunities for ECO 5315.  These include:

  • Chapter 14, problems 2, 4 on pp. 502-503 and Chapter 15, problems 2, 4 on pp. 530-531, and
  • The Sample Final Exam

Turn these assignments in as you would any other assignment; i.e., by emailing them as file attachments to eco5315@gmail.com. For the sample final, fill out and email the Excel spreadsheet template located at http://economics.garven.com/fall2009/eco5315samplefinalexam.xls.

If you decide to do either or both extra credit assignments, here is how extra credit will be allocated.  Whatever percent correct that you obtain on either assignment will be multiplied by 20 points, and the resulting product will be added to your lowest problem set score.  Hypothetically, if you were to turn in both extra credit assignments and earn perfect scores on both, then you would have 40 extra points added in the problem set grade category.  Since the problem set grade in ECO 5315 is an average of the 8 required assignments (see items 1–8 on the http://economics.garven.com/problem_sets webpage),  40 extra total points translates into 40/8 = 5 extra average points.  Furthermore, since the problem set component counts as 30% of your course grade, this implies a maximum additional contribution to the final course grade of 1.5 points.

Next Monday, I plan to devote our time together to a review session which will include working through the sample final exam and also entertaining any other questions you may have.  If you would like for me to work through any specific problems that are not on the sample final (e.g., which have either been previously assigned or are in the Study Guide), please let me know beforehand so that I can have an opportunity to review these problems prior to the review session.  The evening will conclude with a teacher evaluation that will be administered by Dave Wallace.

In the meantime, let me know if you have any questions or concerns about any aspect of the course.  See you on Monday!

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