Economics tutor near me in the USA
Economics tutoring from experts in the USA
Economics explained with tutor-led lessons
Economics lessons delivered by tutors in the USA
Lessons delivered by tutors in Chicago, Phoenix, Dallas
SHREYA taught 1 day ago
The student and tutor reviewed concepts related to price elasticity of demand, supply shifts, and market supply. They practiced analyzing scenarios using graphs to understand the impact of price changes on quantity demanded and supplied, and discussed factors influencing supply curve movements. The student also worked on distinguishing between opportunity cost and cost-benefit principles.
Price Elasticity of Demand
Shift in Supply vs. Movement Along Supply Curve
Market Supply
Opportunity Cost
Diya taught 4 days ago
The session focused on profit maximization, covering perfect competition and downward-sloping demand curves. The student practiced using calculus and quadratic equations to optimize profit. The tutor assigned follow-up exercises and suggested a future session to complete remaining Excel-based assignments.
Profit Maximization in Perfect Competition
Marginal Revenue and Marginal Cost
Inverse Demand Function
Profit Maximization with Downward Sloping Demand
Fixed vs. Variable Costs
Losses and Profit Maximization
Shalley taught 14 days ago
The session covered different market structures including perfect competition, monopoly, and monopolistic competition. The student reviewed the features of each market structure and their respective demand curves. Oligopoly was introduced towards the end of the session, with plans to continue the discussion in the next class, scheduled for the following day.
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly
Diya taught about 1 month ago
The Student reviewed economics questions related to chewing gum demand in Scotland and electricity production by a monopoly. The session covered calculating total revenue, elasticity of demand, profit maximization, and understanding deadweight loss. The Student was assigned to complete additional questions for the next session.
Total Revenue Calculation and Maximization
Price Elasticity of Demand
Monopoly and Deadweight Loss
Consumer and Producer Surplus
Graphing Economic Concepts
Diya taught about 1 month ago
The session covered monopoly pricing strategies, including single-price monopoly, two-part tariff, and block pricing. The student practiced calculating profit-maximizing prices, quantities, and profits under different scenarios. The tutor assigned a question from assignment six for further practice and emphasized revising concepts and practicing diagram labeling for the upcoming exam.
Single-Price Monopoly
Inverse Demand Function
Two-Part Tariff Strategy
Perfectly Discriminating Monopoly
Block Pricing
Marginal Revenue and Marginal Cost
Kajal taught about 1 month ago
The session covered different types of elasticity of demand, including price, income, and cross-price elasticity. The Student learned about the degrees of elasticity and how they apply to various goods like normal, inferior, substitute, and complementary goods. The Tutor assigned reviewing the elasticity of supply topic before the next session.
Price Elasticity of Demand (PED)
Degrees of Price Elasticity of Demand
Income Elasticity of Demand (YED)
Cross-Price Elasticity of Demand
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Economics tutoring - student-level stats
Total Economics tutors
248 Economics tutors available
Experienced Economics tutors
Average 12 years of teaching experience
Economics Tutor Qualifications
83% hold a Master’s or PhD degree
Understanding the basics of 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
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
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
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