The exam is written. Candidates should be prepared to answer questions on any topic of the course.

The average mark of the homework (if taken) will be weighted for 20% of the overall mark. The results of the homework will be considered for the final mark for the summer session exam only.

Grades can be rejected just once. At the second resit, the grade will be registered and requests of rejection will not be considered.

The exam cannot be taken twice during the winter session.

Students should demonstrate that they have learned the theory and the advanced skills required for the econometric analysis of empirical phenomena over time.

The criteria underlying the evaluation of the final exam are the following:

• 18-20: barely sufficient knowledge and understanding of the topics with possible imperfections; sufficient capacity for analysis, synthesis and autonomy of judgement.
• 21-23: Routine knowledge and understanding of the topics; Correct analysis and synthesis skills with coherent logical argumentation.
• 24-26: Fair knowledge and understanding of the topics; good capacity for analysis and synthesis with rigorously expressed arguments.
• 27-29: Comprehensive knowledge and understanding of the topics; Considerable ability to analyze, synthesize. Good autonomy of judgement.
• 30-30L: Excellent level of knowledge and understanding of the topics. Remarkable analytical and synthetic skills and independent judgement. Arguments expressed in an original manner.