Topic outline

  • Results and grading

    The course grade is based 50% on the exam and 35% on problem sets, and 15% on other assignments (a case write-up). In order to pass the course you must obtain at least 50% of the possible total points for the problem sets.

    The total points for problem sets takes into account your 4 highest problem set scores out of the total of 5 problem sets. This is meant to allow for one randomly missed deadline or sick days, etc.  Model solutions are released at the deadline so deadline extensions are not available under any circumstance.

    If the maximum points among all students from a problem set or the final exam is below 100 then the points for all students from that PS/exam will be rescaled so that the rescaled maximum is 100. (This does not apply to the retake exam, due to fewer takers).

    There are no secret methods for obtaining extra credit or additional retakes or deadline extensions. The same rules apply equally to everyone.


    • Not available unless: You are a(n) Student
      PS1 results File TXT
    • Not available unless: You are a(n) Student
      PS2 results File TXT
    • Not available unless: You are a(n) Student
      PS3 results File TXT
    • Not available unless: You are a(n) Student
      PS4 results File TXT

    • Pivotal PS5 results

      Most PS5 results will be released later. However,  PS5 has been preliminarily graded for those for whom PS5 points are pivotal. This is students who:

      1) had earned a total of less than 200 points from PS1--4.

      2) could still pass the course by scoring sufficiently high on PS5.

      3) had submitted PS4 (which is interpreted as a sign of still actively trying to pass the course).

      All pivotal students will earn enough points from PS5 to meet the 200 point threshold. That is the total from the best 4 out of 5 PS points.

    • Not available unless: You are a(n) Student
      PS5 results File TXT
    • Not available unless: You are a(n) Student
      Group assignment results File TXT


    • Honorary mentions for the following case write-ups

      Aho I, Keränen V, Leikola T, Uusitalo K. "Queue – is it a good system for allocating resources?"

      Bacha D, Rantanen A, Uro O. "Examining the effects of Wisconsin vape tax on negative externalities and demand for cigarettes"

      Isoranta V, Siljander R, Sorvo O. "Competition on the passenger rail market in Finland compared to monopoly"

      Kaperi O, Määttä J. "Opec oil production cuts"

      There were many great topics that could also be used as a gateway to a BSc thesis. Often the best way to find a good thesis topic is to first find something interesting going on in the economy, and then figuring out what economics has to say about it.


    • Not available unless: You are a(n) Student
      Exam results File TXT

    • You can calculate your Course Points as 35*(X/396) + 50*(Y/100) + 15*(Z/100) 

      where X is the sum of Points from your best 4 problem sets, Y is Points from the exam, and Z is points from the Case write-up. 

      Final grades are based on the cutoffs 85-70-60-50-40, and X >=195 required for passing. Grades have been sent to the registry.

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