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Exam prep 25/26

Wed 11.2.2026 | from 09.00 to 11.30 no room specified

Goal: 3.0 or below 2.5, I mean 4.0 is okay, but I want to understand this better, so 3.0 or 2.7-2.3 would be very well, for example, so I can get 2-1.6 in total

There are 6 tasks with different number of subtasks, but in WS 24/25 each weighted the same I think, 60 points in total. And I remember correctly I did only 2 problems, and maybe not all of them correct even, so I did end up fail.

4.0 - 51% - 31–34

3.7 - 35–37

3.3 - 38–40

3.0 - 41–43

2.7 - 44–47

2.3 - 48–50

2.0 - 51–53

1.7 - 54–56

1.3 - 57–59

1.0 - 100% -60

Strategy: attempt all 6 problems, but finalize and be sure that it’s done correctly as far as you remember, for at least 4 problems

So I need to try to remember formulas also, and train exercise solving and deep understanding of the theory behind it as I did with LPM thingy in risk management for all topics that are repeating in the previous exams

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set up a complete list of all topics from prev exams and content of the course

write down what I do for each topic, and how and what I train/do with exercises

spread them our across time till exam prelimenary plan

[28/10/2025, 16:55:59] Ibrahimcan Bulak: 4 was absolutely there [28/10/2025, 16:56:07] Ibrahimcan Bulak: ı guess also 6 [28/10/2025, 16:56:31] Ibrahimcan Bulak: and that is : Cost function c (q) = q*v^0.6*w^0.4 •? ?Young theorem that v and w is equal in some way [28/10/2025, 16:56:55] Ibrahimcan Bulak: in fact, I saw 1 or 2 multiple choice questions previous eams [28/10/2025, 16:57:19] Ibrahimcan Bulak: but in my exam there were 3 multiple choice part, and some questions were new [28/10/2025, 16:58:09] Ibrahimcan Bulak: and I guess,, first problem was little bit tricky, very smilar with previous exams but there were small changes

first question included 4 or 5 sub part, and needed short answers for each part. there were smilar questions in previous exams

WS 24/25

Problem 1. Utility maximization Stone Geary - with x-x_0 lagrangian - p_y*y = (1-a)(I-p_x*x) When p_x changes how it affects y → was little bit tricky, very smilar with previous exams but there were small changes →first question included 4 or 5 sub part, and needed short answers for each part. there were smilar questions in previous exams Problem 2 or 3. CES production function Problem 2 or 3. Cost function c (q) = q*v^0.6*w^0.4 - Young theorem that v and w is equal in some way → in fact, I saw 1 or 2 multiple choice questions previous eams but in my exam there were 3 multiple choice part, and some questions were new Problem 4. Game theory mixed strategies, Nash equilibrium Problem 5. Tragedy of commons Bayesian Nash equilibrium and write the functions of each farmer the best possible solution Problem 6. 100 firms total competition

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