Kajal Mahajan
Economics Tutor | Specializing in Market Structures, Business, and Finance
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Economics tutor - Kajal Mahajan
Masters degree
/ 30 min
About your economics tutor
I am Kajal Mahajan, an educator with years of experience in teaching Accountancy, Economics, Finance, and Business at various levels of education. Throughout my career, I have been deeply committed to providing high-quality education that not only helps students excel academically but also equips them with essential life skills. My love for teaching stems from my passion for guiding students to discover their potential and achieve their goals. Teaching, for me, is not just about imparting knowledge but also about inspiring confidence and curiosity in my students. I believe that education plays a transformative role in shaping individuals, and being part of that journey gives me immense satisfaction. I thrive on the challenge of breaking down complex topics into digestible concepts, making learning enjoyable and meaningful. Whether through classroom discussions, project guidance, or personalized mentorship, I strive to create a learning environment where every student feels valued and empowered to succeed. My dedication to continuous professional development ensures that I remain updated with emerging teaching methodologies and tools. This allows me to adapt to the changing educational landscape, whether I am teaching online or offline, while using modern instructional aids like presentations, videos, and interactive sessions to engage my students effectively. Teaching is not just a profession for me—it is my passion, and I am committed to making a lasting impact on my students' lives by helping them realize their true potential.
Academic expertise of your economics tutor
Real world application
GCSE (UK)
Project help
Customized learning plans
A-Levels (UK)
Test prep
Australian Curriculum (AU)
Job readiness
Case study analysis
Concepts learning
New Zealand Curriculum - NZC (NZ)
Exam prep
Kajal graduated from GURU NANAK DEV UNIVERSITY


Economics class quick guide
My teaching style is characterized by a student-centered approach that fosters engagement, curiosity, and real-world application. I believe that learning should be an interactive experience, so I place great emphasis on making complex concepts in Accountancy and Economics relatable and easier to understand. By incorporating practical examples, case studies, and current economic trends, I create lessons that resonate with students and show the relevance of what they are learning to their everyday lives and future careers. One of the hallmarks of my teaching style is the use of a variety of instructional methods, blending traditional approaches with modern tools. I utilize PowerPoint presentations, videos, and blackboard instruction to cater to different learning styles. Whether teaching online or offline, I maintain a dynamic and engaging atmosphere that encourages active participation and critical thinking. My experience in using both online and offline teaching platforms allows me to connect with students no matter the medium, making learning flexible and accessible. I believe that every student has a unique learning style and pace, and I tailor my lessons accordingly. Through formal and informal assessments, I gauge their progress and provide personalized feedback that helps them improve continuously. I also integrate project-based learning, quizzes, and mock tests into my teaching to promote practical understanding and build their confidence. A key aspect of my teaching style is fostering a supportive and open environment where students feel comfortable asking questions and expressing their ideas. I am dedicated to building a positive rapport with my students, ensuring they feel valued and understood.
Your economics tutor also teaches
Economics
Finance
Macroeconomics
Microeconomics
Market Structures
Supply and Demand

Economics concept taught by Kajal
The Tutor and Student reviewed fundamental microeconomic concepts, including scarcity, factors of production, opportunity cost, PPF, and absolute and comparative advantage. The session further covered demand, the law of demand, shifts in the demand curve, and elasticity of demand. The next session is scheduled for Saturday at 2:00.
Production Possibility Frontier (PPF)
Opportunity Cost
Factors of Production (LLCE)
Scarcity and Resource Allocation
Market Demand and Elasticity
Absolute vs. Comparative Advantage
The Tutor and Student discussed the price mechanism, including its definition, functions (rationing, signaling, and incentivizing), advantages, disadvantages, and impact on different industries and markets. The Student practiced explaining the concepts and answering related questions. The session concluded with a review of price stability and its relationship to the price mechanism, with the Tutor assigning a review of the PDF shared.
Advantages and Disadvantages of the Price Mechanism
Invisible Hand
Price Mechanism in Different Markets
Impact of Government Policies on Price Mechanism
Functions of Price Mechanism: Incentive
Functions of Price Mechanism: Signaling
Functions of Price Mechanism: Rationing
Price Mechanism: Interaction of Demand and Supply
The session covered the concepts of real vs. money wages, demand and supply in the labor market, factors shifting the labor demand curve, and price floors like minimum wage. The Student practiced applying these concepts and was assigned homework to answer questions about price floors, including illustrating binding and non-binding scenarios on graphs, due before the next session.
Demand and Supply in the Labor Market
Real Wage vs. Money Wage
Wage Rate and Labor Market Equilibrium
Shifts in Labor Demand
Shifts in Labor Supply
Technology and Labor Skills
Price Floors in the Labor Market
The session focused on understanding employee stock options plans (ESOPs) and their accounting treatment in financial statements. The Student reviewed how ESOPs affect the balance sheet, income statement, and cash flow statement. The Tutor sent a PDF document and a Word document for the Student's assignment.
Share-Based Compensation Expense
Comparing Financial Data Across Companies
Importance of Notes to Financial Statements
Non-Cash Activity in Cash Flow Statement
ESOPs and Financing Activities
Employee Stock Option Plan (ESOP)
The session covered price elasticity of demand (PED), including calculations, types (elastic, inelastic, unitary), and the relationship between PED and total revenue. The Student practiced applying the PED formula to various scenarios and interpreting the results. The Student was assigned questions from a PDF to solve, with plans to discuss the answers in the next session.
Types of Price Elasticity: Elastic Demand
Price Elasticity of Demand (PED) Definition
Calculating Percentage Change
Types of Price Elasticity: Inelastic Demand
Degrees of Elasticity: Unitary
Perfectly Elastic
and Perfectly Inelastic
PED and Total Revenue
The session covered different types of monopolies, pricing strategies, and efficiency concepts. The student practiced identifying different price points on a graph and worked through multiple-choice questions related to profit maximization and efficiency. The session concluded with a recommendation to focus on learning key economic principles to improve problem-solving skills.
Types of Monopolies
Monopoly Graph and Price Points
Profit Maximization
Marginal Revenue and Price Relationship
Productive vs. Allocative Efficiency
Calculating Economic Profit
Student types for economics class
School
College
ADHD
Home schooled
Interactive economics lessons
Open Q&A
Chat for quick help
Note taking
Parent feedback
Pets are welcomed
Learning tools used by economics tutor
GDP Calculator
Quizzes
Digital whiteboard
Assessments
Presentations

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