Economics Tutor | Specializing in AP Macroeconomics & Microeconomics

Saumya provided support to Ruan on August 6, 2025, for a macroeconomics exam problem involving IS and LM curves. Their lesson covered a review of key concepts and formulas, followed by working through a practice question to determine taxes (T) and the interest rate (R). Although Ruan initially struggled, Saumya's guidance led him to the correct solution for 'r'. They intend to complete the problem, including calculations for money supply (M) and savings levels, in an upcoming lesson.

Saumya provided Ruan with a lesson in game theory, specifically on finding best response functions, but Ruan found the mathematical complexity overwhelming. Feeling overwhelmed, they opted to switch to International Finance and Monetary Economics for their upcoming lesson, a topic Ruan finds more interesting, and Ruan will resend the relevant materials.

Saumya Pandey tutored Ruan Opperman in a game theory lesson, delving into sequential games, extensive form representation, subgame perfect Nash equilibrium, and backward induction. They collaboratively worked through examples, such as constructing game trees and payoff tables. Their plan was to continue the lesson the next day to finish a problem on strategic interdependence and incomplete information.

Saumya is guiding Ruan through game theory concepts, specifically tackling a problem where three players decide whether to exert effort. They've been calculating payoffs for various strategy combinations and identifying Nash equilibria by determining if any player has an incentive to deviate. Having already pinpointed some equilibria, their analysis of the problem continues.

Saumya and Ruan dedicated time to reviewing game theory, focusing on essential concepts like dominant strategies, Nash equilibrium, and various game types. They utilized a past exam paper as a practical guide, working through problems that involved payoff matrices and iterated deletion. Their plan for the next lesson is to advance to game tree problems, and Ruan will also be sending additional exam papers to Saumya.

Saumya and Ruan collaborated on corporate finance questions, specifically analyzing financing strategies and calculating YTM, market values, cost of equity via CAPM, and WACC. Ruan practiced applying formulas and interpreting financial data. They discussed potentially rescheduling the next session due to Ruan's travel plans and agreed to cover game theory next time.