MNEnvEPETstee
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- Feb 27, 2010
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For most econ-related problems, you really don't need to worry much about the econ part (unless you are comparing two complicated options). For me, this was very true of the ones on the exam. For the most part, I just do problems ignoring the interest rate first, and then I look at the available answers. In all of these cases, the answer jumped right out at me. You just need a general "feel" for what the interest rate is going to do to it.This is my first post. I was always a reader here. I took the exam last friday. I thought I did okay. But now I am nervous after reading what others thought. I prepared really well and i dont know how to prepare if I have to do next time. There were many theory questions and too close answers. I skipped economics from my study. shouldn't have done that.
You are right about the theory questions. My work experience helped me through many of those. I can think of ten or a dozen in particular. For all of them, I don't know if any amount of studying would do you any good. If by some chance I failed, I can think of one or two more references I would try to find, but I don't know what else I would study.
I did less "reverse engineering" of answers than I did on the FE. I did a lot of that on the FE.
I left the test wondering if the questions really make one minimally qualified to be an engineer. In some ways, it is just a test of how good you are at taking tests. Eliminating answers, reverse engineering from the given answers, etc.