Recent Tutoring Session Reviews
"Today we went over profit-maximizing level of output, marginal revenue = marginal cost, economic profit, economic loss, graphing economic profit/loss, shutdown point, zero-profit point, and short-run shutdown decisions. The student understood the material quite well. He is ahead in his class since they have not gone over this material just yet."
"The student and I had a productive session. We primarily reviewed the questions from the sample set of questions pertaining to the first few microeconomic chapters, and she demonstrated an excellent understanding of the concepts, including the interaction of supply and demand curves (and related shifts). In terms of an ongoing review, we will most likely come back and review the topic of opportunity cost, and I will still provide an example or two of supply/demand equations. We also finalized one more related area, which focused on consumer and producer surplus."
"The student is an excellent scholar with strong mathematics and statistics skills. We reviewed a number of concepts, including Nash Equilibrium (NE). Solving subgames under NE used perfect strategy and mixed strategy. We reviewed a number of prior exam questions that she found difficult to solve. I provided a number of real-world examples that helped the student in solving the problems. Her exam is on Thursday and she feels that our tutoring sessions has helped her get ready for the final."
"The student is gearing up for his final, so we spent our session working together on review material to get him comprehensively prepared for the exam, covering many of the main macroeconomic concepts he's studied over the course."
"The student needs some support taking a pre-college course in behavioral economics. Our plan is to find some good reference resources for her, as she has no text, and to review the past assignments she has had difficulty with using those resources. She has not taken any basic economics course in high school, so we also began looking at some basic economic principles and concepts, such as choices, wants and needs, and limited and unlimited resources. She is highly motivated and is anxious to succeed in this course. She communicates very well and can self-evaluate her learning. We will meet three times each week for two weeks until the course is completed."
"The student worked on his homework 3 assignment from his microeconomic theory course, dealing with marginal product of labor and capital, production functions, determining the returns to scale, the technical rate of substitution, and graphing isoquants. He will work on writing an outline for his transportation class (the paper is due Monday). In our session tomorrow, we will go through the remainder of his homework. I will then help him with getting started on his paper."