Economics tutor in Canada

Shri Nidhi Pareek tutored Katrina Zhang on interpreting regression analysis results using R, focusing on residuals, coefficients, hypothesis testing, and R-squared. Katrina ran a simple linear regression, and Shri Nidhi explained how to interpret the output and identify potential issues. They discussed future sessions to cover skewness, kurtosis, normality, and heteroscedasticity, and Katrina was assigned to review statistics and hypothesis testing.

Julia and Samrawit reviewed several practice questions related to microeconomics, including perfect price discrimination, externalities, monopolistic competition, and game theory. Julia provided detailed explanations and used diagrams to clarify concepts. Samrawit will work on the previous year's final exam and send any further questions to Julia, with a potential follow-up lesson scheduled for Tuesday.

Julia tutored Samrawit on Chapter 11, covering imperfect competition, including monopolistic competition and oligopoly, and related concepts like economies of scale, game theory, and collusion. Samrawit clarified her understanding of short-run vs. long-run profits and excess capacity. They scheduled another session to review practice questions and remaining chapters, with Samrawit to send questions in advance.

Shri Nidhi Pareek tutored Katrina Zhang on the Gauss-Markov theorem, its assumptions, and the concept of multicollinearity. Katrina reviewed CLRM assumptions and the implications of violating them, particularly focusing on perfect multicollinearity. Shri Nidhi assigned reading material from "Econometrics for Dummies" and plans to introduce Stata in future sessions, along with practical examples to address multicollinearity.

On May 30, 2025, Mr. Simms tutored Ashley Sutherland on foreign exchange, covering fixed and flexible exchange rates, currency appreciation/depreciation, and their impact on trade. He explained how currency manipulation, like China buying US dollars, affects trade balances. He also discussed how trade imbalances lead to currency fluctuations and eventual equilibrium. They reviewed a practice question on fixed exchange rates and inflation, and planned the next lesson on the short-run money market and macroeconomic policies for June 4th, while also addressing a login issue.

Julia Rahman tutored Samrawit Senai Terrefe, reviewing microeconomic concepts such as price controls, competitive firms, allocative efficiency, cartels, monopolies, and price discrimination. Samrawit asked questions about cost curves, profit maximization, shutdown price, break-even point, and market concentration. They scheduled the next meeting for Saturday morning, and Samrawit will prepare more questions on the final exam.