November 2nd, 2009
Yes! Econs is finally over! That's one subject down! ...and 5 and a 1/2 to go...=S
Econs today was a little shit actually. Paper one, essay-format questions. We had two questions, and we chose from 1. The questions weren't that hard, but if you didn't study for them, you'd definitely fail.
So first question, price discrimination (different prices for different reasons for different people sorta shit). It's related to the big markets, like oligopoly and monopoly. I totally forgot the 3 conditions for price discrimination to happen, except that the firms must have some form of market power. THAT IS ALL I REMEMBERED. All the more I forgot about the second part. So I thought: GAH SCREW IT.
I went to the second question on macroeconomics, and that's got to do with inflation, the long-run supply curves. Now THOSE are still okay. And I looked through it again this morning, so I was quite glad that this question was alright!
And then paper two, 3 data response questions, choose 1. I chose the one with negative externalities of production. Okay with that one, except I kinda forgot what tradeable permits are. All I knew at first were like, limits issued to companies. In this case, limits (like a quota) issued to them that they can only pollute up to a certain point.
Anyway, I'm gonna go study Chinese now. So fucking screwed that one too. I have to be constantly writing FAST tomorrow. And a lot a lot to write damnit. First is a 2 hour paper, and the second paper is...1 and 1/2?! I dunno! ARGH. WISH ME LUCK FOR CHINESE TOMORROW.
Econs today was a little shit actually. Paper one, essay-format questions. We had two questions, and we chose from 1. The questions weren't that hard, but if you didn't study for them, you'd definitely fail.
So first question, price discrimination (different prices for different reasons for different people sorta shit). It's related to the big markets, like oligopoly and monopoly. I totally forgot the 3 conditions for price discrimination to happen, except that the firms must have some form of market power. THAT IS ALL I REMEMBERED. All the more I forgot about the second part. So I thought: GAH SCREW IT.
I went to the second question on macroeconomics, and that's got to do with inflation, the long-run supply curves. Now THOSE are still okay. And I looked through it again this morning, so I was quite glad that this question was alright!
And then paper two, 3 data response questions, choose 1. I chose the one with negative externalities of production. Okay with that one, except I kinda forgot what tradeable permits are. All I knew at first were like, limits issued to companies. In this case, limits (like a quota) issued to them that they can only pollute up to a certain point.
Anyway, I'm gonna go study Chinese now. So fucking screwed that one too. I have to be constantly writing FAST tomorrow. And a lot a lot to write damnit. First is a 2 hour paper, and the second paper is...1 and 1/2?! I dunno! ARGH. WISH ME LUCK FOR CHINESE TOMORROW.
- Mood:
good
