Showing posts with label exams. Show all posts
Showing posts with label exams. Show all posts

Thursday, 22 May 2008

*sighs*

Exams sucked.

Yesterday's paper was the problem paper where no one knew what to expect. We had to read a case study and answer 4 questions about it. I really don't know if I did anything right at all.... I barely had enough time to write down all my points and analyse them!

Today's paper was even worse. I wrote alot, but I still missed alot of points and was once again lacking time for the second and final question. This time I know why that was. Even though I had planned out my answer really well, I had written it so badly that it barely made sense and didn't answer the question at all. So after wasting fifteen minutes on one whole page, I had to scrap it and start all over again. *sighs* But thanks to my (relatively) high coursework marks, all I need is the bare minimum to pass.

This time, I think my essays turned out better because I allocated enough time to plan out my answers in detail. Everyone sitting around me mentioned they thought I was crazy for wasting so much time writing on the question paper, but I find that when I do, I tend to write out my answers far better, with a smooth flow and all the points have pros and cons. Sooo much better than just diving straight in with a vague idea of what to write!

When I got home, I started feeling really restless. I tried playing a game, but it didn't hold my attention for very long. I tried reading, but even that didn't hold my attention! I typed out an entry for this blog - and it got deleted -___- After that, I was simply too demotivated (omg I can't count how many times I wrote that in my exam today) to retype another entry, so I started cleaning up my room, namely unwrapping my antique tea set and putting all the trash into one gigantic black bag, and also transferring the mountain of books on one of my chairs to the bookshelves downstairs.

O_O OMG I didn't know I had this much space in here! XD I'm taking a break halfway through, but I'll have to continue some parts tomorrow.... I still have to:

1) Do laundry (2nd load of sheets, kitchen towels, normal clothing, delicates)
2) Change my sheets (only after 1st load of sheets is dry)
3) Vacuum the whole flat (but only in the morning when everyone's vacuuming)
4) Fold all the clothes piled up on the chair next to me *eyes it suspiciously* I feel like there's gonna be an avalanche soon..
5) Dust all the surfaces in my room
6) Rearrange all the stuff on shelves
7) Rearrange my whole cupboard
8) Take out the trash

It sounds like alot, doesn't it? But I don't think it'll take all that much time. The clothes folding will take only an hour at most, since it's mostly kimono on that chair. Rearranging my clothes cupboard after folding my clothes won't take more than half an hour. Rearranging my shelves and dusting the surfaces will be done at the same time, but probably tomorrow after I vacuum. Vacuuming the flat will take only half an hour if I do it right. Taking out the trash is easy: just plonk it right out the door before 9am tomorrow.

The only thing that'll take a long time would be the laundry, because I always have to set the tumbledryer on for 2 hours, which takes each load of laundry 3 hours to complete, even on the fast cycle. And sometimes, it wouldn't even be completely dry!! How annoying.

Okay, I'm gonna go shower now, then start folding my clothes. Toodles!


Tuesday, 13 May 2008

Exams

I had my Econs exam today. It was alright, I guess. I knew at least a bit of everything that came out, even though we only had to answer 3 out of 6 questions. Of course, I chose the 3 that I knew most of.

The first I chose was about moral hazard behaviour and its consequences for business profitability, and using stock options to reduce its effect. I was lucky, as the past papers we were given had the same question and I'd revised it over and over and over again - I had a hunch. Not sure if I did this right.. I explained what moral hazard behaviour was, but I don't know if I did it accurately, then I said that it will reduce business profitability. For using stock options, I just mentioned the risks involved and said that it would be an incentive for managers to work hard, but may only work if said managers are not risk-averse.

The second one I chose was about how businesses can use price discrimination to extract consumer surplus and increase profits. I'm not quite sure I did this one right. I wrote that there were 3 levels of price discrimination, gave a brief discription and definition of each one, then gave examples on how price discrimination can be applied in those cases. I had a HECK lot to say about this, but I couldn't write down everything I wanted to before the time I'd allocated myself was up and I had to go on to the next question :( So yeah, this question was left unfinished.

The last question was on how supply side policies can be used to "promote economic growth and business profitability". Well, this one was fun to do! First, I defined supply side policies and gave two examples (research, development and innovation and education markets combined with labour markets). Then I described possible effects on aggregate supply and how that will affect aggregate demand, how the economy grows from it, and how some businesses may profit from a growing economy, but others won't (i.e. inferior goods). I had alot to say about this too, but I didn't have enough time to expand on it :( I'm not even sure what I did was entirely right... *stress* Oh well...

I think I quoted the textbook's examples alot o_O

This time, I was worried about my timing, as I usually don't have enough time to write down everything I want during essay exams. So, what I did was divide my 2 1/4 hours into 5 parts - 30mins planning, 30mins on each question, and 15 minutes checking. Of course, I ended up going overtime, with 35mins for everything except the last question, which I only had 30mins for. *sighs* At least I managed to write alot for it... The planning part really helped too! I wrote down all the main points on the question paper, and when it came to writing the essay, I didn't have to stop and think much, just write it all! Of course, I still got some ideas when I was writing stuff down, so I had alot and alot to write..

O_O Omg, one of my friends amazes me! She said she was done in 45 minutes!! *jaw drops* I don't understand hooooooowwwwwwww ;_; She said she essentially wrote the answers that were given to us in the past year papers (the questions mostly remained the same) but I hope she expanded on them more... Those answers didn't seem nearly enough!

Anyway, okay, I'm tired of reviewing this one exam. Don't really know why I did a whole review other than the fact that both the questions and answers are sitting right next to me hehe.

Ling, care to see if the general idea of my answers are right?