Recent Tutoring Session Reviews
"Today we went over equity and distribution in economics and how inequality can contribute to market failure. We also touched on poverty and different indicators including the Lorenz curve and the Gini coefficient."
"We went over the concepts of opportunity cost, comparative and absolute advantage, and trade. I explained opportunity cost in detail, as well as the role it plays in determining comparative advantage. We went over a couple of trade examples and also went over her notes from the student's teacher. I explained how to determine what rate of trade is acceptable between two countries/trading entities."
"The student and I received her homework problem about accounting for long-term contracts. We went over the cost-to-cost method, the definition of performance obligations, and the various journal entries. We will meet later this week to continue this problem."