Friday, February 1, 2008

The Two-Week Take Home Test

Most people celebrate when they have a take-home test.
Trust me, economics take-home tests are take-home tests for a reason.
Our prof for our night economics class handed out our first test last night. It's going to take us at least two weeks to do the work.
And you have to do it at home, and trust me, there is no way to make this easy.
You need to be able to lay your head on a pillow after working through the first part of Question 1, which incidentally has 10 parts, and each part is going to take you no less than an hour, maybe two, maybe three.
It all depends on how well you're able to apply the calculus you learned to find the derivatives, the partial derivatives, and then the cousins of those derivatives, all to explain what might be your answer, but you might not be done yet if you haven't bothered to apply the LaGrangian multiplier (WHAT??!!).
My point exactly.

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