There will be weekly problem sets that contain both quantitative problems and essay-type questions. Policies for lateness and collaboration on problem sets are described in the short essay, Problem Sets in Theory and Practice [PDF].

There will be two in-class tests, and a final exam. All of these exams will be open book, but electronic aids, including calculators, are not allowed.

Discussion sections are required and will form a crucial part of the course: part of each section will be devoted to understanding the current problem set. There will be an optional 6-12 page paper [PDF]. It will be worth 10% and will reduce the weight of the weakest major portion of the grade from 30% to 15%. However, no problems sets or tests can be dropped altogether.