Problem set

Problem sets give you a chance to translate the content you read and heard into content that you can use. They give you an opportunity to demonstrate your understanding of the material, help you see where you need to spend more time studying, and teach you how to apply what you learned.

Some of the problems should be fairly easy to answer, many will require consultation with your notes and the textbook, and others will warrant asking for advice from your professor, a PCC tutor or your peers. You are expected to ask for help often during this semester as you are learning and developing your economic skills. However, it is also in your best interest to let yourself struggle through the problems a bit before asking for assistance. The struggle will help build your academic muscles and will carve out space in your mind for the answers to live once you have them. Reviewing the answers or copying from a friend may provide you some information, but will not be nearly as useful to you as working through these problems yourself.

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Grades will be based on effort and completeness —-not on the correctness of your answers. Once you get to the exam you will need to give correct answers, but this problem set is here to help you learn and self-assess which areas you need to focus on and improve your understanding before the exam.

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