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Best Economics professor I have had by far due to her clear and organized lectures. She is very concerned for students to do well, and while her exams can be tough, they are very fair. No tricks, if you pay attention, keep up with the homework, you will do well. Professor McGarry brings outside topics into the class and broadens our understanding of public finance through issues that matter such as the Kyoto Protocol and Medicare.
The format I had during Spring 2003 was two midterms and a final. She also gave 1 point for each extra credit assignment, usuallly easy 1-2 page analysis of economic articles and news clippings. Not a whole lot, but those points can matter in the end.