Common Challenges With Economics
-
Understanding abstract concepts
Economic theories often deal with abstract concepts that students may find difficult to grasp. We make these theories relatable by providing real-world examples, allowing students to connect these abstract ideas to practical situations.
-
Interpreting data and graphs
Economics relies heavily on data analysis, which involves interpreting graphs and charts. Students often find this challenging. We provide guided lessons on understanding economic data, coupled with numerous practice exercises to help students master this skill.
-
Applying mathematical principles
Economics involves a fair amount of math, especially in areas like microeconomics and econometrics. We reinforce students' mathematical skills, making sure they're comfortable with the mathematical principles used in economics.
-
Keeping up with current events
Understanding current economic events is crucial in economics, but students can struggle with the constant flux of new information. We integrate news and recent developments into our lessons to ensure students remain up-to-date.
-
Writing concise essays
Economics courses often require students to write essays that succinctly explain economic principles or analyze economic situations. We provide support for essay writing, including guidance on structuring arguments and conveying complex ideas clearly and concisely.
-
Breadth of content
Economics covers a wide range of topics, from international trade to fiscal policy, which can be overwhelming. We structure our tutoring sessions to break down the syllabus into manageable portions, making it easier for students to grasp the scope of the subject.
Ways We Tutor Economics
-
Graphical analysis
Graphs are a fundamental tool in economics. Exercises involving plotting demand and supply curves, interpreting shifts, and understanding the concept of elasticity can help students visualise and understand abstract economic concepts.
-
Conceptual Mapping
Economics is full of interconnected ideas and principles. Creating conceptual maps can help students visualize these connections, aiding in comprehension and recall. For instance, mapping out the relationships between inflation, interest rates, and unemployment can help solidify understanding of these concepts.
-
Economic Games
Online economic games or experiments can reinforce concepts such as the tragedy of the commons, public goods, and game theory. These activities offer an engaging way to learn and can make complex concepts more intuitive.
-
Using Indicators
Teaching students how to interpret economic indicators like GDP, inflation rate, unemployment rate, etc., can provide them with practical skills and a deeper understanding of macroeconomic concepts.
-
Discussion and Debates
Economics is a subject that lends itself well to discussion and debate. For example, students can be assigned to debate the merits and drawbacks of different economic systems (like capitalism and socialism) or policies (like free trade vs protectionism).
-
News Analysis
Regularly reviewing and discussing economic news articles can help students understand the practical applications of what they're learning, while also keeping them informed about current economic issues.
Our Economics Tutor Qualifications
-
Advanced Business Degrees
Our Economics tutors are highly skilled and knowledgeable in the subject, backed by strong academic credentials. With degrees in business or related disciplines, they bring a deep understanding of business concepts to the table.
-
Experience Teaching Business
Our tutors are skilled educators who have honed their teaching methods through experience and training. They employ a variety of effective instructional strategies, adapting their approach to suit individual learning styles.
-
Friendly Personality
Our tutors embody warmth and approachability. They foster an engaging learning environment, facilitating open communication and making students feel comfortable asking questions or expressing concerns.
Example Economics Tutoring Packages
We offer diverse and flexible options, catering to your child's unique needs and your family's schedule. Choose from ad-hoc sessions for immediate needs, to long-term plans for ongoing support.
Our most common tutoring plans:
-
Semester Support
This package offers regular tutoring sessions for an entire academic semester, ensuring consistent support for the student. The frequency could be 1-3 times per week depending on the need.
-
Monthly Intensive
This offers more frequent sessions over a one-month period. This could be suitable for a student who needs to catch up quickly or prepare for an important exam.
-
Ad-hoc Sessions
For students who require tutoring on a more sporadic or as-needed basis.