Austin Simms
"Dive into Economics with Interactive Simulations & Real-World Insights!"




Private tutor - Austin Simms
Masters degree
$14
/ 30 min
About your economics tutor
Hello and welcome to Economics! My name is Austin Simms and my goal is to have students understanding and apply economic concerns to real-world situations. Ultimately, the students will be able to take what they have learned and improve their quality of life. I strive to help students achieve their goals by making decisions based on logic, reason, and application of the course material. This includes becoming a more well-rounded person. I want the students to be able to use what they have learned to their benefit. An understanding of how the world operates economically not only on a personal level but on a global scale leads to better decision making skills. Student success is teacher success!
Quick help with exam doubts
90% of students get timely exam-related doubt clearance.
Trusted by 90% of parents
Parents notice significant improvement in understanding.
Flexible scheduling for busy students
90% of students easily schedule lessons around academics.
Economics class overview
As an Economics tutor for school students, I believe in making learning practical and engaging. My teaching style involves using real-world examples and interactive discussions to help students understand complex economic concepts. I encourage strategic thinking by relating economic theories to students' interests, such as their favorite companies or markets. By analyzing case studies and economic models, I create lessons that connect theoretical concepts to current global economic trends. I tailor my approach based on each student's grasp of economic principles, incorporating relevant case studies to enhance their learning experience.
Specialities of your economics tutor
Homework help
Job readiness
Exam prep
Test prep
Advanced Placement (AP) Program (USA)
State-Specific Standards (USA)

Economics concept taught by Austin
Mr. Leroy Simms conducted a comprehensive review session with Ashley Sutherland, utilizing a PowerPoint presentation to cover key macroeconomic concepts in preparation for her upcoming exam. Topics included supply and demand, GDP, unemployment, and fiscal/monetary policy. Mr. Simms sent the presentation to Ashley and offered to provide additional materials as needed.
GDP Components
Comparative Advantage
Law of Supply
Determinants of Demand
Circular Flow Model
Production Possibilities Curve
Fiscal vs. Monetary Policy
Aggregate Supply (Short-Run vs. Long-Run)
On June 11, 2025, Mr. Simms tutored Ashley Sutherland in macroeconomics, covering MPC, MPS, GDP deflator, nominal vs. real GDP, and aggregate supply and demand (short-run and long-run). They reviewed practice questions on aggregate demand, focusing on factors that shift the curve versus movements along it. They also discussed Ashley's upcoming final exam and scheduled future tutoring sessions.
Aggregate Demand
MPC (Marginal Propensity to Consume)
MPS (Marginal Propensity to Save)
GDP Deflator
Long Run Aggregate Supply (LRAS)
Short Run Aggregate Supply (SRAS)
Real vs. Nominal GDP
Mr. Leroy Simms and Ashley Sutherland discussed the business cycle, economic indicators, and Keynesian economics. Simms explained fiscal and monetary policies and the Keynesian multiplier effect. They planned to cover marginal propensity to consume and save in the next session, and Simms offered Ashley practice questions for her upcoming exam.
Propensity to Consume/Save
Multiplier Effect
Keynesian Economics
Monetary vs. Fiscal Policy
Economic Indicators
Business Cycle
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.
Currency Appreciation & Exports
Trade Imbalance Correction
Fixed Exchange Rate
Flexible Exchange Rate
Currency Depreciation & Exports
Currency Manipulation
Mr. Simms and Ashley Sutherland discussed the loanable funds market, covering the roles of lenders and borrowers, the influence of interest rates, government borrowing and crowding out, and market equilibrium. They also detailed shifts in supply and demand, the impact of government fiscal policy, and the difference between real and nominal interest rates. Mr. Simms announced that there would likely be a quiz on the loanable funds market at the beginning of the next class, and the next session will cover exchange rates.
Loanable Funds Market
Interest Rates & Borrowing
Government Borrowing & Crowding Out
Equilibrium in LFM
Real vs. Nominal Interest Rates
Leroy Simms tutored Ashley Sutherland in economics, initially focusing on comparative advantage and gains from trade using examples of lemon drops/boxes and shirts/pants. He explained opportunity cost, specialization, and mutually beneficial trade prices. The session then mistakenly shifted to information security threats before correcting back to economics, specifically the loanable funds market. Simms also warned Ashley about phishing and requested the economics module titles to better prepare for future sessions. They scheduled their next meeting, accounting for a rescheduling conflict.
Comparative Advantage
Opportunity Cost
Fishing (Phishing)
Gains from Trade
Acceptable Terms of Trade
Security Threats
Your economics tutor also teaches
Economics
AP Macroeconomics
AP Microeconomics
Free lesson slots
1 / 1
Teaching tools used by economics tutor
Digital whiteboard
Quizzes
Assessments
Presentations
Practice worksheets
Student types for economics class
School
ADHD
Learning Disabilities
Anxiety or Stress Disorders
Home schooled
Interactive economics lessons
Record lessons
Note taking
Pets are welcomed
Parent feedback
Mobile joining

Economics tutors on Wiingy are vetted for quality
Every tutor is interviewed and selected for subject expertise and teaching skill.