Exam Information

Exam Schedule:

Office Hours

What's Covered on the Final Exam?

NOTE:You will get two points for correctly recording:
• your name and UMID number, both on the exam booklet and on the scantron sheet so that the computer can read it,
• AND your FORM NUMBER on the scantron so that the computer can read it.
(In other words, you will lose two points if you don't do all of this.)

The final exam is cumulative covering all of the material since the start of the course through the end. I intend to give roughly equal treatment to each lecture topic, including the outside readings and assigned news items. Thus, the exam covers:

• All assigned portions of Gerber (see syllabus on line),
• All of the readings assigned from Jan 15 through Apr 11, from coursepacks and online (including the pieces marked as "Other Views" but not those marked as "Optional"),
• You should also be familiar with the news that we will have discussed in class, including those items identified on the Major News Items page for weeks: Jan 15 through Apr 22.

--> Regarding the emphasis that will be placed on lectures versus readings and on other particular parts of the material, you are responsible for lectures plus all of the reading. I intend to make studying all of that worth your while by including on the exam at least a few questions on material that was not covered in lecture, both from the text and from the readings.

As for what specifically you need to learn, my best advice is to look at the study questions that I have prepared. They'll give you the best sense of what I expect. I do not usually, for example, expect you to memorize precise numbers, or dates. The importance of such information, when it has been presented, is more the qualitative message that it conveys, such as, for example, who trades most, or who trades more than whom. Or approximately when did something happen? As for vocabulary and concepts, yes, those things are very important. Even if I don't ask you to define or explain something (and I will), you'd have a hard time answering questions that use these terms if you didn't know what they mean.

What to Bring to the Exams:

Do bring something to write with, including #2 pencils for answering the multiple choice on computer-graded "scantron" sheets.

Do Not bring books or notes.

Do Not bring blue books.

You probably should bring a calculator, but DO NOT bring a graphing calculator. Graphing calculators will be confiscated.

You should also NOT bring any kind of computer (including palm computer) and you should NOT bring a cell phone, even if you only plan to use it as a clock. Those too will be confiscated. Do bring your U of M ID number, as it appears on your M-Card. You don't need the card itself, if you know the number.

Format of Exams:

• Multiple choice
  • Answer on the scantron sheet that will be provided
  • Five answers per question
  • No penalty for guessing
• Short Answer
  • Answer on exam sheets

Old Exams:

Midterm #1

Fall 12 and Answers
Winter 12 and Answers

Midterm #2

Fall 12 and Answers
Winter 12 and Answers

Final Exam

Fall 12 and Answers
Winter 12 and Answers

Exam Postmortems: Questions, Answers, and Distribution Statistics

First Midterm Exam: Questions | Answers
Median: 75.5

Curve
87-100	A
75-86.5	B
57-74.5	C
40-56.5	D
0-39.5	E

Second Midterm Exam: Questions | Answers
Median: 83

Curve
93-100	A
83-92.5	B
65-82.5	C
54-64.5	D
0-53.5	E

Final Exam: Questions | Answers
Median: 78.0

Curve
90-100	A
77-89.5	B
64-76.5	C
50-63.5	D
0-49.5	E

*Course grades are based on a curve of all components of the grade at the end of the course. The curves shown here for individual exams and the letter grades reported with your scores are only to give you an approximate idea of how you are doing.