Muskan Kundra
Engage with a knowledgeable Economics tutor to build strong conceptual understanding and apply real-world insights.
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Muskan Kundra
Masters degree
/ 55 min
About your economics tutor
I am Muskan Kundra. I have a blended online and offline teaching experience for more than 7 years in the domain of accounting, economics, and business finance. Over the years, I have developed a student-centered teaching approach that focuses on clarity, practical understanding, and real-world application of concepts. My teaching style combines theoretical knowledge with practical insights, ensuring that students not only learn the subject but also understand how to apply it in real-life scenarios. I emphasize simplifying complex financial and economic concepts by using relatable examples, case studies, and interactive discussions. This helps students build strong conceptual foundations and boosts their confidence in tackling academic as well as professional challenges. In both online and offline settings, I create an engaging and supportive learning environment. I actively encourage student participation through discussions, problem-solving sessions, and regular feedback. My online sessions are structured, interactive, and supported with digital tools, while my offline classes focus on personalized attention and in-depth explanation of the key terms.
Muskan graduated from Scd government college, Ludhiana
Academic expertise of your economics tutor
Test prep
Homework help
Review sessions
Real world application
Case study analysis
Student types for economics class
Elementary School students
Middle School students
College students
High School students
Your economics tutor also teaches
Economics
Macroeconomics
Microeconomics
Market Structures
Supply and Demand
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15 days Refund
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Economics concepts taught by Muskan
The Tutor and Student reviewed Keynesian economic theory, specifically focusing on aggregate demand, the multiplier effect, and related concepts like MPC and MPS. They practiced solving numerical problems and understanding the diagrammatic representation of these economic principles.
Aggregate Demand (AD)
Marginal Propensity to Consume (MPC)
Marginal Propensity to Save (MPS)
Multiplier Effect
Circular Flow of Income
The student and tutor worked on building a balance sheet, detailing assets, liabilities, and owner's equity. They practiced populating various accounts like cash, receivables, payables, and equipment, while reinforcing the accounting equation and accrual basis of accounting. The student was assigned homework to complete sales budget and cash receipt budget sheets.
Balance Sheet Structure
Calculating Accounts Receivable
Accounts Payable: Money Owed to Suppliers
Non-Current Assets: Long-Term Investments
The Tutor and Student reviewed concepts of monetary and fiscal policy, including the roles of the Bank of Canada and government. They analyzed the causes and effects of inflation and deflation, their impact on Aggregate Demand (AD), and the short-run versus long-run consequences for the economy. The session concluded with an introduction to Keynesian theory and a preview of upcoming topics.
Inflation and Deflation
Aggregate Demand (AD) and its Components
Monetary and Fiscal Policy Tools
The Phillips Curve
The student and tutor reviewed concepts of monetary and fiscal policy, including expansionary and contractionary measures, and analyzed scenarios using these policies. They also explored the Phillips Curve, its relationship between inflation and unemployment, and factors affecting aggregate demand and supply, preparing for upcoming topics like Keynesian theory.
Monetary Policy: Expansionary vs. Contractionary
The Phillips Curve: Inflation and Unemployment Trade-off
Fiscal Policy: Government Spending and Taxation
Aggregate Demand (AD) and its Determinants
The tutor and student reviewed fiscal policy, including expansionary and contractionary measures, and budget types. They then moved on to monetary policy, explaining its tools like interest rates and quantitative easing, and their impact on aggregate demand. The student practiced calculating aggregate demand and understanding components of the AD function, with a plan to cover diagrammatic representations in the next session.
Autonomous Consumption and Propensity to Consume
Monetary Policy: Expansionary vs. Contractionary
Aggregate Demand (AD) Components
Budgetary Concepts: Deficit
Surplus
and Balanced
Fiscal Policy: Expansionary vs. Contractionary
The tutor and student worked through preparing a cash summary, income statement, and calculating the cost of goods sold. They practiced using formulas and spreadsheet references to transfer data between different budget sheets, reinforcing their understanding of financial statement preparation. The next session will cover the balance sheet and a practice exam question.
Cash Receipts vs. Cash Payments
Purchases Budget Formula
Income Statement: Calculating Profitability
Cash Summary Budget
Learning tools used by economics tutor
Assessments
Graphing and Charting tools
Quizzes
GDP Calculator
Practice worksheets
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Every tutor is interviewed and selected for subject expertise and teaching skill.