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Private In-Home and Online Economics Tutoring in Grayslake, IL

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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Session Summaries by Economics Tutors

Grayslake, IL Economics tutoring
Session primarily focused on going over essay questions regarding an economics quiz focusing on the history of the euro. We worked through the essay test that the student needed to turn in. He explained the questions and I helped him to formulate his answers. We discussed both the political and economic implications of changes in monetary policy and the implementation of the euro as well as a number of other related questions. The session went well.
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Grayslake, IL Economics tutoring
We covered 9 homework questions from Chapters 14 and 15 in the student's Macroeconomics class. We discussed nominal interest rates, aggregate supply/demand, inflation, Federal Reserve, Central Bank, GDP, consumption and investment. He responded favorably to the real-life examples I used to explain aggregate supply/demand. I encouraged him to draw out his questions in graph format so he can more easily find the answers.
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Grayslake, IL Economics tutoring
In this session, the student and I covered a comprehensive review in preparation for an upcoming economics exam. This exam will cover a broad collection of topics ranging from supply and demand to GDP and monetary policy. He knew much of the supply and demand applications well but needed help primarily with more advanced topics like competition economics and macroeconomics (bonds and the money supply, GDP calculation, etc.). This session was productive and enjoyable because he was able to remain focused and engaged with regards to the material. As part of the meeting, I made sure to impart problem-solving strategies to increase the likelihood of achieving a high score on the test. One of these involved using basic graphs to guide oneself to various answers instead of relying on rote memorization. For extra practice, I recommended practicing graph illustration and manipulation. This was our first session, so I will be able to assess progress in the following meetings.
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Grayslake, IL Economics tutoring
Today, we covered chapter six of his textbook: open economy macroeconomics. We discussed net exports, savings, investment, trade balances, deficits, and surpluses. We then looked into the relations between interest rates, exchange rates, and exogenous shocks on these factors. We worked through several of the suggested study problems for this chapter. This session was primarily prep work for the upcoming class discussions, rather than review of past material. He grasps the material easily once it's in language he can understand, and explained with real-world or clear mathematical examples. I'm looking forward to our next session on Sunday.
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Grayslake, IL Economics tutoring
We discussed the differences between interest rates vs. currency exchange rates, as well as the process by which each of these values changed. I went over with the student the topic of Aggregate Supply and Aggregate Demand, including ways in which these curves and shift and how it affects GDP. We also reviewed the concept of CPI, as well as the importance of double checking answers by putting them back into the question.
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Grayslake, IL Economics tutoring
During this session, we went over micro econ topics i.e., supply demand, marginal costs, marginal revenue and surplus. We also reviewed some graph visuals and some math concepts. She has an excellent attitude and she is prepared to take the exam next day.
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