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Economics tutor near me in the USA

Economics tutoring from experts in the USA

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Economics tutor in United States

Economics explained with tutor-led lessons

Tutoring

Tutoring

Personalized tutoring in macro & microeconomics

Test prep

Test prep

Get expert prep for macro & micro economics

Assignment help

Assignment help

Build a strong foundation through assignment support

Grade improvement

Grade improvement

Boost your understanding of economic theories & models

Concepts learning

Concepts learning

Grasp essential economic concepts for long-term success

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Economics lessons delivered by tutors in the USA

Lessons delivered by tutors in Chicago, Phoenix, Dallas

Reshu taught 24 days ago

The session covered different poverty measures: the poverty gap, Total Poverty Gap (TPG), Average Poverty Gap (APG), and Normalized Poverty Gap (NPG). The student learned the formulas and interpretations of each measure. Homework was assigned to practice using the NPG formula with a given example, and the student will review randomized controlled trials and the ROR model in the next session.

Poverty Gap

Total Poverty Gap (TPG)

Average Poverty Gap (APG)

Normalized Poverty Gap (NPG)

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Kajal taught 27 days ago

Kajal and a student from the University of Texas at Arlington reviewed core economics concepts, including market dynamics, demand principles, the law of demand, and how demand curves shift due to factors like income, preferences, and prices of related goods. The student was tasked with reviewing a presentation and noting any areas of confusion for their next lesson, which is set for Thursday at 5:30 p.m.

Market

Demand

Law of Demand

Ceteris Paribus

Law of Diminishing Marginal Utility

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Kripa taught 29 days ago

During their economics lesson, Kripa and Natalie focused on problems involving production functions, tax rates, and productivity. They specifically worked on calculating ratios of labor and productivities between two firms and analyzed the firm's labor demand curve under different wage scenarios. Kripa will share the worksheet with Natalie after the lesson.

Profit Maximization

Direct & Inverse Relationships

Diminishing Marginal Returns

Labor Demand (Wages < Productivity)

Labor Demand (Wages > Productivity)

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Kajal taught about 1 month ago

Kajal provided Mathangi with a detailed lesson on completing tax form 1040 and its associated schedules. The focus was on ensuring accurate calculations and meticulous cross-referencing of financial figures. During the lesson, they practiced applying percentages, comparing values, and using computation worksheets to correctly determine tax credits, with Kajal offering instruction and correcting errors for precise form completion.

Tax Form Line Comparison

Percentage Calculation for Tax

Tax Deduction Application

Tax Filing Status Importance

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Yukta taught 2 months ago

Yukta and Ann collaborated on exam questions, initially covering statistics before shifting their attention to economics. Their economics discussion centered on the Production Possibilities Frontier (PPF), exploring key concepts such as opportunity cost, efficiency, scarcity, and unattainable production. Following the lesson, Yukta committed to emailing Ann the answer to a question concerning the effects of a specific tax. They arranged to meet again for another lesson the next day.

PPF (Production Possibilities Frontier)

Opportunity Cost

Increasing Marginal Opportunity Cost

Efficiency on PPF

Economic Growth and PPF

Specific Tax on Sellers

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Yukta taught 2 months ago

Yukta tutored a learner from Surprise on various elasticity concepts, including price, income, and cross elasticity of demand, using examples and calculations. The learner practiced applying formulas and interpreting the results. Yukta will send the essay questions and answers, and they scheduled another lesson to continue practicing.

Price Elasticity of Demand

Price Elasticity of Supply

Elastic vs. Inelastic Demand

Total Revenue and Elasticity

Cross Elasticity of Demand

Substitutes vs. Complements

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Economics tutoring - student-level stats

Understanding the basics of economics

All about learning economics

All about learning economics

Economics is a social science that explores how people and organizations produce, distribute, and consume goods. In the U.S., the demand for economics graduates is growing, with job opportunities expected to rise by 13%. This makes economics a popular degree choice, leading to careers as economists, market analysts, policy analysts, or financial managers.

However, many students face challenges when it comes to understanding complex economic models, interpreting data, or applying theories to real-world situations. Differentiating between macroeconomics and microeconomics can also be tricky.

To overcome these challenges, there are multiple options for you. Self-study, reading books, and exploring global case studies can help deepen your understanding. Online courses offer a structured approach and cover topics like Microeconomics, Macroeconomics, and mathematical models.

For personalized help, economics tutoring is a great option. It provides one-on-one guidance and clarity on tough topics like market structures, GDP, or even statistics and calculus. With the right approach, mastering economics becomes much easier!


How can a tutor help you learn economics

How can a tutor help you learn economics

Managing time and workload

55% of economics students struggle to balance coursework, assignments, and tests due to missed lectures. An economics tutor can help such students fill knowledge gaps. They can help create personalized study plans and prepare for assessments.

Addressing mathematical challenges

About 50% of economics students struggle with math-related topics including Lagrange multipliers, integrals, optimization, linear regressions, econometrics, statistics, and advanced proofs.

A private economics tutor can simplify complex math concepts by breaking them into smaller steps. After this, they can guide students through problem-solving. Economics tutors can use practical examples to explain ideas and show how math tools apply to economics.

Understanding concepts

Theoretical economics topics, such as consumer and producer theories, marginal analysis, utility maximization, and models like Ricardian and Heckscher-Ohlin, confuse 45% of economics students. 

Economics tutors can use real-world examples from current events and case studies. This helps students connect with and understand theories better. They can also use visual aids, diagrams, and interactive sessions to further enhance understanding.


Factors to select the right economics tutor

Factors to select the right economics tutor

Educational qualification & experience

An economics tutor with a bachelor’s degree in economics or related field is suitable for teaching high school economics. For undergraduate topics like microeconomics or econometrics, a tutor with a master’s degree is appropriate. Postgraduate or PhD tutors are ideal for advanced skills. Tutors should have at least 3 years of experience. Experienced private economics tutors can also help with exam strategies and data analysis tools like R or STATA.

Student testimonials, ratings, and reviews

Select economics tutors with 4+ star ratings and 10+ positive reviews. Student reviews depict the tutor's qualities like patience, clarity, support, and subject knowledge. They also show if the tutor has helped students understand complex topics like Keynesian theory, IS-LM models, and trade.

Teaching method

Choose an economics tutor online who can match your learning needs. Find out if they use real-world examples and case studies to explain concepts. Also, see if they are skilled in tools like R or Excel for econometric modeling and data analysis.

Frequently asked questions

What are the future prospects after learning economics?

Economics equips students with analytical and problem-solving skills, preparing them for careers like economists, market analysts, and actuaries. Graduates can work in finance, government, and healthcare, with roles including financial advisors, stockbrokers, and environmental researchers.According to the U.S. Bureau of Labor Statistics, employment of economists is projected to grow 6% from 2020 to 2030, which is faster than the average for all occupations.

What are the key concepts in economics?

Economics covers key microeconomic concepts like supply, demand, and market equilibrium, and macroeconomic topics like national income, stabilization policies, and international trade. Other important areas include elasticity, market failure, IS-LM models, and consumer and producer theory, with elasticity analysis used in over 70% of pricing strategies across industries.

What are the best books to understand economic theories?

You can refer to the following books to understand economics theories:Looking for an explanation through real-life examples: Freakonomics by Steven D. Levitt and Stephen J. Dubner , The Undercover Economist by Tim HarfordLooking for simplified concepts: Basic Economics by Thomas Sowell Learning basic economics for everyday scenarios: Naked Economics by Charles Wheelan

How can I get a better understanding of real-world applications of economics?

Analyzing economic events like taxes, inflation, and housing markets helps connect theory with practice. Practical examples, business cycles, and consumer trends deepen understanding. Studies show that students who engage in discussions about business cycles and consumer trends often perform better in applying economic theories.

How can I learn statistical tools for economics?

To learn statistical tools helpful in economics:You can enroll in online courses that offer lectures on R, Python, STATA, and Excel, which are widely used for data analysis and econometric modeling.You can self-study by using free online tutorials and guides available on YouTube or educational websites. You can work with an economics tutor who can provide personalized doubt-clearing and hands-on experience with real-world data.

How can a tutor help me develop strategies for answering application-based economics exam questions?

According to our research, 30% of students join economics tutoring focusing on exam preparation. Economics tutors can offer tips, clarify concepts, and provide previous question practice to enhance understanding. They improve problem-solving and help build confidence for exams.

How can a tutor help me manage the heavy economics assignment workload?

50% of students seek tutoring because they need help managing their assignment workload effectively. Economics tutors can help by providing personalized guidance in creating schedules, clarifying doubts, and simplifying complex concepts for deeper understanding.

What qualifications should I look for in my economics tutor?

When choosing an economics tutor, consider their academic qualifications, teaching experience, and ratings. For high school students, a tutor with a bachelor’s degree is suitable. For advanced courses a tutor with a master’s degree is ideal. Also, look for economics tutors with a proven track record of teaching, supported by at least 10 positive reviews and ratings above 4 stars. Check if they use real-world examples, case studies, and tools like R or Excel for econometric modeling and data analysis, suiting your needs.Wiingy ensures the perfect tutor match by connecting students with expert-vetted economics tutors. These online economics tutors specialize in different levels of economics and have the skills to help students succeed.

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