Before Monday’s Astrophysics midterm, the TAs said “Do not expect to finish the exam. You will not.”
Before today’s Development midterm, the professor said “This is a long exam. Do not panic. I don’t expect you to finish.”
In both cases, the exam-givers were right. Today, nobody left before time was called, and I noticed several people [...]
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Economics —
Category Archives: Economics
Exam Model
Taking a Thrashing
In reviewing for my Development Economics midterm tomorrow, I came across this gem of a quote that I wrote down in my class notes.
“Consider this contract a parent could have with his child:
1) If you don’t clean up your room, I’ll thrash you.
2) If you do clean up your room, you get nothing.
You see, I’m [...]
Universal Price Discrimination
Yesterday morning, we were all up way too early to get to Cleveland Hopkins in time to navigate unbelievable security lines without missing our 8:40 AM flight. When they say flights are fuller than ever, I kind of believe them.
We arrived in Orlando around noon, picked up our rental car, and drove to a smallish [...]