> 1) Any tossup that mentions the Nobel Prize
in Economics is automatically bad. <
There
should be more questions on Maurice Allais, less on
Ragnar Frisch. Make sure to give the year so David
Farris can get it.
> 2) Stocks and finance
terms are not economics. <
Finance is a
subfield of economics, like physics is a subfield of
mathematics, hehe. Questions about arbitrage, Black-Scholes,
Modigliani-Miller are definitely economics.
> 3) The
following answers are asked way too often: stagflation,
oligopoly, anything to do with Pareto, Coase theorem, all
weird theories developed by Soviet economists.
<
Never heard a question about Soviet economists, but one
question would be one too many (Gunnar Myrdal is also
someone who should never be asked about). Too many
questions about physiocrats and Quesnay, and Gresham. There
should be more questions on the Slutsky equation,
because it has a funny name.
> 4) Do not start
tossups on "monopolistic competition" with "This market
structure which is slightly different from perfect
competition..." You know who you are. <
Never heard
that lead-in, but it sounds bad.