Economics 1 - Assessment Rules
1 st Semester of 2016-17
There are two assessment options in Economics 1: continuous assessment and the repeat-period exam. We strongly recommend you take continuous assessment, as it involves work throughout the semester, so making it easier for you to successfully learn. Besides if you take continuous assessment and fail you can still take the repeat-period exam; if you pass the continuous assessment you can also take the repeat-period exam to improve your grade.
Continuous Assessment
Continuous assessment consists of a midterm test and the regular-period exam. Both components are compulsory: if you do not take the midterm test you will not be allowed to take the regular-period exam. To obtain approval under continuous assessment you must obtain at least 7.5 in the regular-period exam (and 10 overall, of course). As long as you have at least 7.5 in the exam, your final grade will be (a) the average with 40% weight for the midterm test and 60% for the exam; or (b) your exam grade only, whichever is higher; that is, the midterm test counts only if it improves on your exam mark. If you have less than 7.5 on the exam your final grade is simply the exam grade.
The midterm test is a 75-minute test consisting of multiple-choice questions and open-answer exercises. It will take place between the 31st of October and 5th of November. We will announce the topics covered in the test in due time. You can use an authorised calculator (see authorises calculators under "See More") but no other electronic devices, books, notes, or any other aid material in this test.
The regular-period exam (exame em época normal) is a two-and-a-half-hour exam consisting of multiple-choice questions and open-ended questions and exercises of the type as has been used in previous years. You cannot use any books, notes, or any other learning material. You can use non-graphical calculators, but cannot use graphical ones (see note on Authorised Calculators on this site). The exam takes place on the 3rd of January 2017 at 9 am.
Repeat-Period Exam
Students who choose not to take part in continuous assessment can take the repeat-period exam (exame em época de recurso), which takes place on the 30th of January 2017 at 12 noon. If you take the continuous assessment and fail you can take the repeat-period exam too. Your marks in the midterm test will count towards your final mark with the same weight as in continuous assessment if they improve on your mark in the repeat-period exam (but, again, you must have at least 7.5 in the exam). If you pass under continuous assessment you can still take the repeat-period exam to improve your grade (you need to register for the exam at the Undergraduate Office in this case, but not if you have not passed yet). The mark in the midterm test will no longer count in this case. The repeat-period exam is of the same type and subject to the same rules as the regular-period exam.
Fraud
Fraud in any assessment is punishable under Article 12 of ISEG's General Regulations for Assessment of Undergraduate Degrees, Students Disciplinary Regulations of the University of Lisbon, and the general law, namely the Código dos Direitos de Autor e dos Direitos Conexos (copyright and related rights).
The Economics 1 Team, 2016-17