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This page is designed to supplement Melbourne Business School's Managerial Economics class and TA sessions for term 1, 2009. Navigate by topic on the right, comments encouraged. Feedback welcome.

Friday, March 13, 2009

Week 6 -- Pre-midterm

Relax. Take a deep breath. And another.

For many of you, this will be your first midterm; for some of you, this will set the stage for future academic greatness. For others, this is one of your last classes, the rumors have scared you enough that you’ve been putting this off until the last possible moment… and that’s ok.

Here is some advice for the midterm.

1) Take your time to understand each problem
Always understand what the problem is asking for; ManEc is unlike most of the other classes because there isn’t a set way to approach every problem. Indeed, if you’ve been coming to the Saturday sessions, I’ve been trying to push the fact that there are usually multiple correct ways to find the right answer. So whatever you do…

2) Show your work
Especially in this course, partial credit may make a significant impact on your grade. If your line of thinking is correct, logical, and can be followed, you will get some credit.

3) Don’t take this too seriously
This is for the FTers… given that it’s your first midterm, you may be anxious. Don’t be. After this is done, remember that there are 19 more classes to take including this one; even those gunning for McKinsey jobs will have at least 2 full terms of grades on the transcript (3 without an exchange) before interviews roll around in around a year. If you ace this midterm, there are plenty of grades to be had; if you fail, there is plenty of time to recover. That is the way of things.

Good luck! I’ll be pulling for you.

^_^

2 comments:

  1. This article is encourging. Thanks, Ronjon!

    BTW, shall we bring the printout of "Executive Summaries" to the mid-term exam?

    ReplyDelete
  2. Ronjon, That's very well written. Thank you for the suggestions :).

    ReplyDelete

 

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