Exam Format and Contact Information
This sheet is intended to assist in the preparation for the final exam scheduled for Thursday, June 3 starting at 3:00PM CET. Check your LUISS calendars for updates. This exam will be formatted in two parts. The first part will be formatted as a closed-book exam, and will include short essay questions. I would expect that responses to this part of the exam would range in length from one word to to perhaps a couple of paragraphs. The second half of the exam will be formatted as open-book, and will comprise primarily quantitatively-oriented questions. A spreadsheet, which I will provide, will be permitted for the open book portion of the exam as will access to student notes, course slides and to the Coursepack.

This exam format is a bit different from the way that I usually format such exams due to the difficulties of administering an exam online with students in many locations. I am aware that this might cause some anxiety problems, and I apologize for them, but we're all still fairly new at this sort of thing. No web access. computer browser or communication device (except as authorized by the exam proctor, which seems unlikely) should be used for the exam. All questions on the exam will be drawn from material covered in my lectures and/or from the relevant chapters of the Coursepack and course slides. 

One should not assume that exam questions will involve simple duplication of material in the handouts, textbook, course pack or notes or other material. Regular lecture attendance, careful study of the Coursepack, working through all problems in the Coursepack and sample exams should be very helpful in preparing for the exam. In addition, some ingenuity and analytical skills may be required to answer certain questions. It will be useful for students' grasp of the material to be strong enough to answer questions quickly, as time will be limited. This point is key; you must know the material well enough to be able to work fast. The practice version of the exam is intended to be representative of the style of actual examination questions and structures; actual exam coverage will extend to all material covered as of the class meeting immediately prior to the exam (the final lecture was May 26). The student presentations on May 24 and 26 also provided some excellent theoretical and descriptive material that will be useful for exam preparation.

Each exam, either practice version or actual version should be considered to only cover a limited "randomly selected" range of course material, though some sub-sections of the coursepack will be explicitly labeled as "optional" (in grey-highlighted sections). "Optional" here means to read if the material is interesting or helpful to you. Be certain to cover all required material in your preparations. Also note that many students feel that their actual exams are more difficult than the practice versions. This seems particularly true when practice exam solutions sheets are viewed along with the practice exams or when the practice versions of exams are not taken under actual exam conditions.I suggest that you not look at sample exams until you are nearing the end of your preparations.

Material covered by the exam will pertain to all lectures and Coursepack readings offered prior to the exam. This coverage will include all of the non-highlighted readings from the Coursepack. Relevant Coursepack chapters include those titled as Chapter 1, 2, 3, 4, 5, 6, 8, 9, 10 and Section 11.A (not 11.B through 11.G). Slide sets are numbered a little differently, but cover the same material, in the same order, but are quite condensed. Relevant slide sets are all of them except for cib11.

Work through all appropriate (non-highlighted) problems in the Coursepack, being certain not to view solutions until you have completed your work. This is important. Working through all of the end of chapter problems in the Coursepack will be very useful for preparing for the exam, but only if the problems are used correctly. This might be time-consuming, but the effort should pay off on exam results. While not a necessity, I suggest that you wait until you have made your final preparations for the exam before attempting the two practice exams (actually, the second is only a sampling of questions) that can be found at the sample exam page. Allow 2 hours for the sample exam, both parts. Also, read carefully the page on exam integrity. 

Updated 05/22/2021