There will be no multiple choice questions. Exam answers are graded solely upon their content and not upon their intent. This also means that answers that are illegible, rambling, or poorly organized will not receive high marks. Further, it means that merely completing all assignments will not be sufficient to earn a high grade. Your problem sets and exams will be graded by your teaching assistant.
Care is taken to insure uniformity of grading standards across all discussion sections.
There is no fixed curve for this course. It is theoretically possible for everyone to earn an A. Past performance of students in Economics 1 indicates however that approximately 20 percent of the class will receive an A of some sort, about 30 percent will receive a B of some sort, and the remainder will receive C's or below. In fairness to students who put in an honest effort, cheaters will be harshly treated. Cheating includes but is not limited to bringing notes or written materials into an exam, using notes or written materials during an exam, copying off another person's assignment or exam, allowing someone to copy off of your assignment or exam, and having someone take an exam for you. Instances of cheating are reported to the Office of Student Conduct which may administer additional punishment.