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Award-Winning Private Economics Tutoring in Albany

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Private In-Home and Online Economics Tutoring in Albany, NY

Receive personally tailored Economics lessons from exceptional tutors in a one-on-one setting. We help you connect with in-home and online tutoring that offers flexible scheduling and your choice of locations.

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At Varsity Tutors, we're committed to connecting you to top tutors capable of delivering an outstanding experience. That's why we provide a 100% tutor satisfaction guarantee.

How can Economics tutoring help you?

If you are a high school or college student, you may elect to take an economics class. Economics is the study of wealth, how it transfers, and the effects of the movement of wealth. Even the best students tend to struggle to learn the complex topics that economics covers. Difficulty in class now may be detrimental to your grade when test time comes. Tutoring may try to help you understand the topics covered in your economics class. Varsity Tutors may help you make your economics study sessions more fruitful by finding you a tutor in Albany, NY.

In your class, you may encounter challenging topics like interest rates, inflation, and fiscal and monetary policy. Economics classes also study patterns in the movement of money and how government and the economy influence each other. Economists advise businesses, take part in stock trade, and balance budgets. Economics is an important, but sometimes tedious subject in our business market and government.

Affordable 1-on-1 Home Tutoring by top RPI Grads! 4.9/5.0 Satisfaction Rating*

Session Summaries by Economics Tutors

Albany, NY Economics tutoring
Yesterday's session went very well. The student began work on Lesson 2 of his online course, which encompasses Chapters 3, 4, 5, and 6 in his economics textbook. In Chapter 3 we covered consumerism and buying principals before moving onto Chapter 4 to a discussion on credit. These concepts seemed to click very naturally for the student, and I believe he is gaining confidence in his knowledge of the material. I left him with the task of reading the remainder of the chapter and taking notes.
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Albany, NY Economics tutoring
The student and I reviewed a series of homework questions that focused on monetary policy. He always will review the concepts and the questions themselves ahead of time, and we use session times to clarify the concepts and address any concerns regarding specific facts, question, etc. Again, the emphasis this week was on monetary policy, and included the following: the change in demand for reserves based upon the change in the reserve requirement; the influence of the discount rate upon the federal funds rate (and he will be clarifying a question that focuses on discount lending as the Fed tool that is used); the supply curve for reserves; the use of open market operations as the primary tool; money velocity and its change in stability and volatility over time; Keynes vs. Friedman theories and characteristics; the Taylor rule and formula; and additional Federal Reserve strategies, implementation steps, and results.
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Albany, NY Economics tutoring
Today we covered monopolies. I walked the student through several of the conditions that must be met for a monopoly to occur, then we discussed several of the behaviors of monopolies. A lot of what we covered was based loosely on the lessons learned from last week. I was happy to see that he remembered almost everything that we had previously gone over. Our next topic is monopolistic competition, and I have high hopes for this student.
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Albany, NY Economics tutoring
We covered the work leisure trade-off model and how to construct an individual labor supply curve. We worked on understanding the substitution and income effects and how they would affect worker decisions.
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Albany, NY Economics tutoring
This was my first tutoring session with this student and we both believe that it went well. Our focus was on linear programming, which is the first of 3 units in his Economics on Applied Statistical and Optimization Models. We talked about the 3 primary components of all linear programming problems, including the decision variables, the objective function, and the constraints, and we worked through some of the review problems for a test that he will be taking on Friday. We talked about word problems, and the fact that math is relentless and there is no substitute for tearing apart every word in every sentence. He provided me with all of the course materials, including the syllabus, summary of teaching points, homework, review problems, and take home exam, which provide very helpful perspective on the material that he will need to master.
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Albany, NY Economics tutoring
The student and I went through the basic definitions of what economics is. I explained to her the concepts of marginal costs and utility, along with opportunity cost. We then went through concepts that were covered in her first week quiz, including the PPF.
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