ECO 1102 Lecture Notes - Lecture 10: Market Failure, Price Floor, Price Controls
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ECO 1102 Full Course Notes
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Instructions - please read carefully before you begin. The exam is divided into 3 main parts. The value of each short answer question and each part of the long question is provided in parentheses. Use this as a rough guide for how much i am expecting for each question, and how much time you should spend on it. You will have a full hour and 15 minutes to complete the exam, but i would expect that it should take about an hour. You should expect to spend roughly 20 minutes on each section. The exam has 48 possible points, and it is worth 15% of your final grade. The exam questions are printed on both sides of the paper, so be sure you are not missing any questions. The short answer questions, and each part of the multi-part question, are meant to be short, but your answers also need to be complete.