Grad Macro I – On Class Assignments

Posted: October 23, 2015 in Grad Macro I Fall 2015-2016


According to the course structure , 30% of your grade will come from the grading of “Class Assignments”. These are essentially the “Exercises” we review in our TA meetings. Specifically:

  1. You are to hand in at least four (4) Exercises for grading. If you deliver less, you will lose 7.5/100 points from your course grade for each one that is not delivered. If you deliver more, we will consider the 4 top-graded among them.
  2. You are to “hand in” your assignments written in a computer (and so you can send them to me by e-mail if you want). No matter how clear your hand-writing is, learning to write in a computer using software for mathematical symbols is part of your education. There are “equation editors” freely available over the web, or already embedded in typewriting programs. Diagrams can be hand-made, then scanned and merged with the rest of the assignment.
  3. The course schedule is such that: on a Wednesday the professor presents a new model, and two days later I present the relevant Exercise. This means that my presentation will be “guidance to solve” rather than “complete solution”, since realistically you will not have the time to do and hand-in the exercise before  it is presented in our sessions.
  4. Time to deliver each exercise: You are to deliver an exercise no later than a week after it has been presented in our meetings, i.e. by the next TA meeting. This is pressing, but you must “get it off your chest” and move on to the next model. My suggestion is to try to complete an exercise no later than the next Wednesday course lecture (so that you can focus on the new material the professor will present). So I expect the Solow model exercise(s) no later than  Friday Oct 30th, and the Ramsey model exercise no later than Friday Nov 6th.
  5. This is Social Sciences. Mathematics adds rigor and transparent accountability for a model’s assumptions, but things remain approximate. This holds for your grades too. There is no microscopic formula that produces your grades -rather, there is, but it is in my brain and I am not fully aware of it. I can argue up to a point as to why your grade was what it was -but after that point an overall assessment is involved, which is not decomposable further.
  6. I plan on grading and publishing grades gradually, as time passes, so that you are aware of how are you doing (in terms of understanding and knowledge, not grades) -and if I see a common weakness in an exercise, I will discuss it in class, or post a note here.
  7. Doing the exercises is much more important for understanding the material, than it is for your course grade. This is a cliche that happens to be true.

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