Topic outline

  • The course grade is based 50% on the exam and 35% on problem sets, and 15% on other assignments (e.g. 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 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
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      PS6 points File TXT
    • Not available unless: You are a(n) Student
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      PS7 points File TXT
    • Not available unless: You are a(n) Student
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      PS8 points File TXT
    • Not available unless: You are a(n) Student
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      PS9 points File TXT
    • Complete PS10 will be released later. However,  PS10 has been preliminarily graded for those for whom PS10 points are pivotal. This is students who:

      1) had earned a total of less than 200 points from PS6--9.

      2) could still pass the course by scoring sufficiently high on PS10.

      3) had submitted PS9 (which is interpreted as a sign of still active in the course).

      All students, except one who needed 96 points from PS10 to meet the 200 point threshold, earned enough points.  That is, their total from the best 4 out of 5 PS points will exceed 200.


    • Not available unless: You are a(n) Student
      File icon
      PS10 points File TXT
    • Not available unless: You are a(n) Student
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      Exam results File TXT
    • Not available unless: You are a(n) Student
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      Case write-ups File TXT
    • Case write-up: honorary mentions

      I Aho, V Keränen, T Leikola, K Uusitalo. Signaling failure: Elon Musk monetizes Twitter’s verification system

      E Covaliov, H Juntunen, J Weerts. Mercedes car acceleration subscription 

      O Kaskisaari, T Mikkola, J Typpö. Explanations for unusually large afterwork discounts in two bars 

      H Malmsten, V Mäkelä. Asymmetric Information and Price Formation in the Housing Market

      L Partti. Engagement ring signals commitment and reduces asymmetric information

      E Sadonkorpi. Not about advertiser money – How Netflix maximizes profits with advanced pricing strategies

      Once again, 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.

    • Course grades

      You can calculate your Course Points as 35*(X/400) + 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. 

      Course grades were based on the cutoffs 84-70-60-50-40, and X >=200 is required for passing. Grades have been sent to the registry.