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Dr. Elisabetta Gentile
AY 2015-2016, Sem 1. Monday, September 21, 2015
EC3371 DEVELOPMENT ECONOMICS I
Midterm Guidelines1
The details of the midterm test are as follows:
Date: Friday, October 2, 2015
Time: 2pmduration: 2 hoursVenue: AS6 02-14
The midterm exam will be conducted exactly like a final exam.
You will be assigned a seat,and I will be taking attendance and
checking your identification during the exam. Bathroombreaks will
only be allowed during the first hour; after that, you will not be
allowed to leavethe exam room until the scripts are counted and
tallied.
It will be a closed-book, closed-notes exam. You are allowed to
use a non-programmablecalculator to speed you up on the
calculations. Be advised that I will personally check
calculatorsduring the exam.
You will write your answers directly below the questions. The
test is one-sided, so that youcan write on the back of each page as
well. If you tend to discard a lot of what you write ontests, you
may want to consider using a pencil, so that you wont run out of
space.
You will write your matriculation number on the cover of your
test. Please dont write
anything else on the cover of your test. It is also preferable
that you dont write anything onthe back of the last page of the
test.
Test structure
The test contains short-answer questions, worth 5 marks each,
totaling 100 marks. If two ormore questions are on the same topic,
they may be grouped together.
Please focus onanswering the questions: dont just write
everything you know about a topic.Contrary to what most students
think, more is notbetter. Short-answer question means thatyou
should be able to answer in a few lines (or a few simple
calculations). Bear in mind thatif you take too long to answer one
question, you may not have enough time to answer another.
Time management is key to succeeding in this exam!
Test questions
The questions can be of several types:
- draw a graph corresponding to a scenario described in the
question [important: makesure you label the axes, curves, steady
states, etc... accurately, and that you use arrowsto illustrate the
direction of a shift. You may also add a short description of what
ishappening in the graph];
1Please note that the professor reserves the right to update the
information provided in this document.
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- simple derivations or calculations based on steps illustrated
in class [important: show yourwork, dont just write the end
result];
- analytical questions to see if you are able to apply what you
have learnt [important: alwaysexplain your answers, dont limit
yourself to yes/no, true/false];
- definitional questions to make sure you understand key
concepts introduced in class.
Test preparation
You are responsible for all material covered in lectures and all
assigned pages in the textbook:
Chapter 1: all of it, including the Appendix
Chapter 2: all of itChapter 3: all of it, including the
Appendix
Chapter 4: all of it, including the Appendix
Chapter 5: all of itChapter 6: all of it
Chapter 7: all of it
Chapter 8: all of it, including the Appendix
When reading the textbook, do not skip the text in the boxes
(for example, A Tale of TwoCities, page 197). I often refer to the
boxes directly during lecture, and when I dont, it isbecause we
have limited time, not because what is in the boxes is not
important.
At the end of each chapter, there are questions for review and
problems. They are greatpractice for the midterm and final
exams.
Test Results
Your mark for the midterm exam will be a percentage, with 100
being the maximum mark. I
will post your scores on IVLE as soon as all the tests have been
marked.The exam scripts will not be returned to you: they will be
added to my personal archive
for this module. However, you are welcome to come to my office
during consultation hours andview your exam.
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