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University Examinations!

A photo of vincerz vincerz
So I just realized I have access to a lot of previous midterms/finals because they're good practice for students so our profs put them up.

I'll post them.. most likely in a copy-and paste format if anyone requests them; just to give a good idea of what University exams are like (usually not THAT hard but sure makes high school a joke in my opinion).

I'm currently a 2nd year and our school never posts 1st year exams for multiple reasons, but some courses I'm taking now are covered in 1st year at other schools. Every school just does their own thing.. (e.g. Schulich did stats before we did but we did law before them).

Courses I have midterms for:

Intermediate Microeconomics midterm #1 (of 2)
Economics of the Canadian Banking/Financial System
Intro to Managerial Accounting
Business Decision Models aka stats II or III at other schools

There were more from last term but it's on the course webpage and I no longer have access to those since I'm not taking them...

edit: I'm not sure which to post or if anyone even wants any so if a few people request one I'll get it and post it here.
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A photo of vincerz vincerz
scared? or no one cares?

I'd be curious about how difficult graduate school exams are..
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A photo of NoToRiouSDIP NoToRiouSDIP
go ahead, anything you have ^_^
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A photo of Aeria Aeria
I'm prepared for a reality check too...show us what you've got :)
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A photo of Jdot111 Jdot111
here is an example of economics at UofT, I actually wrote this exam in 2nd year. look at amount of pages: 50. yes 50 it was like solving a textbook in 3hrs...

ECO206Y- Micro Theory
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A photo of Jdot111 Jdot111

@vincerz wrote
scared? or no one cares?

I'd be curious about how difficult graduate school exams are..




check my post, the course for the exam i wrote is considered graduate level. and it is a 2nd year level course. You dont want to see 3rd year. still recovering from those up to now
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A photo of vincerz vincerz
That one question doesn't seem that bad. A course being considered graduate level isn't a big deal if it's not a core class of the graduate program (which I'm assuming). There are some MBA students here that take law with us and I'm not saying I'm learning law school material..

As for the 50 page thing that's just plain unreasonable. I'm assuming there are blank pages for answers or multiple choice questions or something... because yeah I've heard UofT economics is hard but from 4th years at Rotman I've spoken to they've said it's not that brutal if you know your stuff and can settle with a B or B+.
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A photo of vincerz vincerz
This was one of the econ electives that I took. It honestly was easy but you can imagine how difficult it is to complete in the time limit of 1 hour and 15 minutes:

http://www.wlu.ca/documents/43861/EC223_Midterm_F10.pdf

The final was twice as long with a limit of 3 hours; which is more exam-like but a huge rush..
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A photo of Jdot111 Jdot111

@vincerz wrote
That one question doesn't seem that bad. A course being considered graduate level isn't a big deal if it's not a core class of the graduate program (which I'm assuming). There are some MBA students here that take law with us and I'm not saying I'm learning law school material..

As for the 50 page thing that's just plain unreasonable. I'm assuming there are blank pages for answers or multiple choice questions or something... because yeah I've heard UofT economics is hard but from 4th years at Rotman I've spoken to they've said it's not that brutal if you know your stuff and can settle with a B or B+.




the rotman student do not take the same economics courses eco specialist take. theres two level: the commerce/eco major level and the Eco specialist levels. the normal eco courses are less intense compared to the specialist ones. but they are bearable to an extent.

and about the test yes after each page was a blank page, but still 25 pages of just long rigorous questions in 3hrs in hell. the thing was the whole year it was straight forward stuff, then this exam came and killed everyone.
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A photo of vincerz vincerz

@Jdot111 wrote

@vincerz wrote
That one question doesn't seem that bad. A course being considered graduate level isn't a big deal if it's not a core class of the graduate program (which I'm assuming). There are some MBA students here that take law with us and I'm not saying I'm learning law school material..

As for the 50 page thing that's just plain unreasonable. I'm assuming there are blank pages for answers or multiple choice questions or something... because yeah I've heard UofT economics is hard but from 4th years at Rotman I've spoken to they've said it's not that brutal if you know your stuff and can settle with a B or B+.




the rotman student do not take the same economics courses eco specialist take. theres two level: the commerce/eco major level and the Eco specialist levels. the normal eco courses are less intense compared to the specialist ones. but they are bearable to an extent.

and about the test yes after each page was a blank page, but still 25 pages of just long rigorous questions in 3hrs in hell. the thing was the whole year it was straight forward stuff, then this exam came and killed everyone.



Well, I'm sure 90% of business students at any school would admit the content difficulty is harder in economics (at intermediate to advanced levels). It's harder to grasp and learn the theory involved in economics; especially I can imagine with the calculus and econometrics stuff involved.

Business is just vigorous in another sense including the time management skills programs usually stress on. As for the exams, the MATERIAL is easier but the difficulty level is in a sense just as hard. If you understand econ you're bound to get a good mark on your exams. In business classes you REALLY have to understand your content to get a good mark.

Here's a part of an old business decision models exam. All the other parts had diagrams that I couldnt paste.. but it was a 120 mark 3 hour exam meaning you were expected to complete the following questions in a max of 15 minutes.

Q5. (10 marks)
Buy Da Milk (BDM) is a corner store that sells three brands of milk in 2 litre cartons: its own brand (profit: 97¢/carton), organic milk from a local dairy (profit: 83¢/carton), and the leading national brand (profit: 69¢/carton). The “footprint” of each container is 16 square inches and there is a total of 36 square feet of refrigerated space available. (Recall: there are 12 inches in 1 foot). The local dairy can only supply up to 10 dozen cartons per week. The store manager has observed that each week, Buy Da Milk always sells more of the national brand than the local dairy and its own brand combined, and at least three times as much of the national brand as its own brand. The manager wishes to maximize the store’s weekly profit and has begun translating the following linear program into Excel.
Let X1, X2, and X3 denote the number of cartons of each brand of milk (BDM, local, and national)
MAX Z = $0.97X1 + $0.83X2 + $0.69X3
s.t.
X1 + X2 + X3 ≤ 324 (Refrigerator space)
X2 ≤ 120 (Local dairy maximum supply)
X3 ≥ X1 + X2 (National brand outsells others combined)
X3 ≥ 3X1 (Three times as much national as own brand)
X1, X2, X3 ≥ 0 (Non-negativity)
(A) Suppose the manger of Buy Da Milk enters their objective function in Cell E2 as:
=(0.97)*B2+(0.83)*C2+(0.69)*D2
While technically correct, what principle of “spreadsheet engineering” would be violated?
(B) Which Excel formula should be entered into cell E5 so that it can be copied down through the range E5:E8 to calculate the LHS’s of the constraints?
(a) =SUMPRODUCT(B5:D5,B10:D10)
(b) =SUMPRODUCT($B$5:$D$5,B10:D10)
(c) =SUMPRODUCT(B5:D5,$B$10:$D$10)
(d) =SUMPRODUCT($B$5:$D$5,$B$10:$D$10)
(C) The value for this cell (according to the LP formulation) should be 324. Describe how this value was derived? What units of measure should be associated with it?
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(D) What values should be entered into cells B7:D7 for this constraint?
Cell B7
Cell C7
Cell D7
(E) When the manager of Buy Da Milk finally gets to launching Solver to come up with the profit maximizing solution, what cells / cell ranges would he enter into the Solver Parameters dialog box for…
Set Target Cell:
By Changing Cells:
13
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Q6. (10 marks)
Waterloo Investment Advisors (WIA) are putting together a 4 year investment plan for a new client. The client wants to invest $250K, and maximize her return. She has talked with WIA about investment options, expected returns, and the risks she is willing to take on. Together, they have decided she should invest in stock indexes, medium term bond funds, and mortgage funds. Based on expected annual returns, compounded returns over the four year period will be 36%, 17%, and 26% (money will be invested immediately, for the full 4 year period).
WIA and their client have agreed on the following restrictions for the investment:
(1)
at least 20% of the investment will be in each of the investment options (stocks, bonds, mortgages);
(2)
no more than 50% of the investment will be in stock indexes;
(3)
mortgage funds cannot exceed bond funds;
(4)
the amount in bonds must be at least two and a half times the amount in stocks;
(5)
no more than $250K will be invested.
Set up the LP formulation for this investment situation.
(A) Define the Decision Variables, along with their units:
(B) State the full Objective Function:
(C) List all Constraints for this problem:
(C1) Does it matter if constraint (5) is written as ‘=’ or ‘<=’ ? Why?
(D) Does it make sense to define annual Idle Cash as a decision variable in this problem? Why or why not?

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