Pros: class is curved
"easy" attendance points
Cons: -Curve doesn't help very much
-Lecture is just a textbook on tape
-Exams cover too much material for 25 questions
-Practically an independent study class
-TAs don't help much
I've had some bad professors but this guy takes the prize. I ended the class with a 4, so this is not a grade complaint. Rather, this is caution to anyone who decides to take EC340 with him. I'm not sure how his teaching style was 10 years ago, but now it's just a display of laziness on his part. Granted he's very old, which would make it all the more sensible if he retired. There's no question that he's incredibly knowledgeable when it comes to economics, but he can't teach it.
As a couple of the reviews below me have stated, "lectures" are just him reading from assorted material the book verbatim, going over none of the detail that you need to know for the exams. If he writes something, it's usually an identical graph taken from the book, or something that you probably won't be able to read. 1st graders have better handwriting than him. He'll also go off tangentially, and talk about financial news, but it doesn't really help, since your required to read newspaper articles every day anyway. Your best bet is to independently teach your self/memorize the material from the book.
The exams can be quite challenging. Half of the questions are from financial topics in the news, and the other half from the textbook. However the latter half consists of questions from the most mundane details from the material, and their concepts. You will need to know the book inside and out. He also assigns 3 problem sets that are due on sporadic time frames (first was due 2 weeks into class, second was due around 4-5 weeks). The questions on the sets aren't inherently difficult since their just graphs or definitions from the book, but its the arbitrary grading that annoys the hell out of you. Points are taken off on questions with no explanation, even when you use something that was explicitly defined and explained in the text.
While attendance is mandatory, nearly half the class just swipes ID and leaves, to get points. The problem is if your 5 min late for ANY class, you don't get the attendance point for the whole day even if you stay the entire period. I enrolled late, so I had no idea about it. It's an incredibly stupid rule, and there's no way around it either (from what I observed from others). All together, the course gets incredibly competitive, with the top 10 percentile getting a 4, and the next top 10 getting a 3.5
Doing well is dependent on how well you can teach yourself his textbook. Even if you believe you can do so, I would not recommend anyone take this class with him. For any that may have had Obst for econ, Kreinin makes Obst look like a piece of cake
Professor rated by: Physics Student on December 17, 2011