Just to reiterate a bit about the midterm. It will mostly be "objective" questions, questions that are asked within the context of, or that refer to, a well-defined model. Tax incidence and comparative advantage will not be on the exam. Think about the main things we've covered, e.g., Locke, Coase, Schumpeter (creative destruction), public choice theory (median voter theorem, cycling, rent-seeking, paradox of voting, etc.). And bear in mind that there will be a curve, with the average grade being a B, so don't be too afraid.
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