There are two assessment options in Microeconomics 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, class questions, and the regular-period exam (época normal). All three components are compulsory: if you do not take at least three class questions or the midterm test you will not be allowed to take the regular-period exam. Your final grade will be an average with 30% weight for the midterm test, 20% for the class questions, and 50% for the exam.

The midterm test is a 90-minute test, and it will take place between the 2 ^nd and 6 ^th of November.

The class questions are questions you answer in classes. In four classes, with no advance notice, we will hand you a question. You will have 15 minutes to write your answer. To take part in continuous assessment you need to submit answers to at least three questions. But if you answer all four, your mark in the class questions is the average of your best three answers.

Repeat-Period Exam

Students who choose not to take part in continuous assessment can take the repeat-period exam (época de recurso). If you take the continuous assessment and fail you can take the repeat-period exam too. Your marks in the class questions and midterm test will count towards your final mark with the same weights as in continuous assessment if they improve on your mark in the repeat-period 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 marks in your class questions and midterm test will no longer count in this case.

What you can and cannot use in the class questions, test, and exam

In the class questions, test, and exam you can use non-graphical calculators only. It is your responsibility to bring one with you; you cannot use graphical calculators, even if they have nothing stored in memory and you have no other calculator with you. You must not look up any aid materials. All graphical calculators, mobile phones, tablets, and computers must be switched off and out of the way.

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 Microeconomics 1 Team, 2015-16