STRESS POST: BCramming, majoring in micro (2 Viewers)

[Grizzly]

The trade one is earlier in the thread...

lol omg, look at my posts in this thread...i was such a nerd

 

[Sweet_Lemon]

nice thread...many helps from flyin, grizzly^^ and others...heaps thx...now i wish i will survive econ111...
200lv econ sounds yucky....(all econ sounds horrible errrr>.<)

 

[redruM]

thy shall mergeth thine thread to thee last minutes ones to maintaineth the equilibriumanus.

 

[ReaveR]

nice thread...many helps from flyin, grizzly^^ and others...heaps thx...now i wish i will survive econ111...
200lv econ sounds yucky....(all econ sounds horrible errrr>.<)

I found 200 yucky
And I liked 111. Something to look foward to I guess

There's also another thread around where Griz explains Q4 to me, if I remember.

Good luck everyone!

 

[~ForAGoodCause~]

They didnt ask the trade question again. This year it was question 1 - how isoquant/isocost parallels budget/indiff...

no elasticity

was question on public goods - what are they, optimal provision, why its pareto inefficient to exclude, why markets cant provide

price ceiling/floors - what are they, why non-price factors are important , specific tax, welfare loss

perfect comp/monopoly

diminishing returns

oligopoly


it was alright i thought. lucky i knew public goods and price ceilings/floors... the others i knew nothing

 

[CrashOveride]

if u knew ur stuff, u cud get easy HD
overall easy.

just for the ceilings/floor one i made up some bs why the non-price factors are important

 

[The_Adonis]

ahh oligopoly this year...
I was so cut they didnt ask that this year, it was something I actually knew haha

They broke the trend with the trade question...
That was a pleasure to answer last year...

 

[pb]

i passed it... i think... thats all i want! lol
ergh i did the question on price ceilings and price floors and i draw the deadweight social loss on the wrong side of the D&S curves woops :|