Nikolas Balkovic
"Empowering Minds: Economics Tutor with Real-World Problem-Solving Approach"




Economics tutor - Nikolas Balkovic
Masters degree
/ 30 min
About your economics tutor
I'm Nikolas, an experienced finance professional from the United States with a Master's Degree in Applied Economics from the University of Vienna in Austria. I am currently on a career break and have been teaching economics in the meantime. I specialize teaching economics at the High School/AP level, as well as any college-level courses (principals/introductory courses as well as economics electives). I am an enthusiastic teacher and excellent communicator with an expertise in and personal passion for economics. I look forward to helping students with homework, exams, research projects, or any other assignments in their economics courses.
Nikolas graduated from University of Vienna (Universität Wien)

Academic expertise of your economics tutor
Exam prep
Provincial-specific curriculum (CA)
Homework help
State-Specific Standards (USA)
Concepts learning
Grade improvement
Job readiness
Common Core State Standards - CCSS (USA)
Advanced Placement (AP) Program (USA)
Economics class quick guide
My teaching style is discussion-based and I frequently use real-world examples to illustrate economic models to keep the content relevant and interesting. I encourage my students to think like an economist, and to focus on mastering the material via intuition and hands-on modeling, rather than through rote memorization of graphs and definitions. I genuinely believe economics can be fun and easy to grasp when taught in this way, and hope to impart my own enthusiasm and curiosity for economics to my students. I look forward to helping students not only master the material, but to apply real-life lessons from economics outside the classroom.

Economics concept taught by Nikolas
Nikolas assisted Julian with a challenging microeconomics assignment involving Edgeworth boxes and utility functions. Nikolas, struggling to recall the material, suggested Julian seek alternative resources like classmates, AI tools, or a tutor. Nikolas offered his old course materials and support during Julian's tutor search.
Edgeworth Box
Pareto Optimality
Contract Curve
Cobb-Douglas Utility
Indifference Curve
Marginal Rate of Substitution (MRS)
Utility Maximization Problem
General Equilibrium
Nikolas tutored Julian in microeconomics, reviewing general equilibrium, profit maximization, and supply/demand analysis, including inverse functions and surplus calculations, in preparation for Julian's final exam. They worked through homework problems, clarifying concepts and correcting errors. This is one of Nikolas's final sessions before starting a new job.
Returns to Scale
Profit Maximization
Optimal Profit Calculation
Inverse Demand Function
Inverse Supply Function
Competitive Equilibrium
Consumer and Producer Surplus
Gains from Trade
Your economics tutor also teaches
Economics
AP Macroeconomics
AP Microeconomics
Student types for economics class
Anxiety or Stress Disorders
Home schooled
College
Adult / Professional
School
All Levels
Learning Disabilities
ASD
Interactive economics lessons
Note taking
Pets are welcomed
Record lessons
Chat for quick help
Weekend lessons
Learning tools used by economics tutor
Digital whiteboard
Practice worksheets
Presentations
Quizzes
Assessments
Free lesson slots
1 / 1

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