ECO0359 - PUBLIC FINANCE

The final exam is written and lasts 1 hour and 30 minutes. It consists of a first part with 14 multiple-choice questions; each correct answer is worth 1 point, each incorrect answer results in a penalty of 0.25 points, and unanswered questions receive 0 points. The exam also includes six True/False questions, for which students must provide a written justification. Simply indicating True or False is not sufficient. Four of these questions require completing some steps of problem-solving exercises, while the remaining two focus on the interpretation of graphs discussed during the course. Each True/False question is worth up to 3 points.

The exam is considered passed if at least eight multiple-choice questions are answered correctly and the overall grade is higher than 18/30. If these conditions are not met, the exam must be retaken.

During the course, a partial written exam lasting 45 minutes is offered and covers approximately half of the material of the final exam. A second partial exam is offered at the end of the course to students who have passed the first one; it follows the same structure and assessment criteria. If both partial exams are passed, the final grade is determined by the sum of the scores obtained in the two partial exams. If one of the two partial exams is failed, or if the sum of the two scores is below 18/30, students are required to take the full final exam. No additional oral examination is provided.