Award-Winning Managerial Economics
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Award-Winning Managerial Economics Tutors

Certified Tutor
3+ years
Having studied both economics and math at Penn, Pryce brings the dual fluency that managerial economics demands — he can work through the calculus behind profit maximization and then explain why a firm would actually choose that pricing strategy. His econometrics training means he's equally comforta...
University of Pennsylvania
Bachelor of Science

Certified Tutor
3+ years
Raymond
I have a Bachelor of Science degree in Industrial Management with Economic Honors from Purdue University. I attended Purdue under a full academic scholarship. After graduation I attended the University of Chicago where I first earned a Master of Arts in Economics and then proceeded to achieve the ...
University of Chicago
Master's/Graduate
Certified Tutor
6+ years
Mimi
I am an interdisciplinary educator with an Ed.M. from the Harvard Graduate School of Education and a B.A. from Dartmouth College. My background is primarily in integrated arts learning and museum education and I specialize in visual arts, history and art history, and object-based learning. In all su...
Harvard University
Masters in Education, Education
Dartmouth College
B.A.
Certified Tutor
10+ years
Aaron
I'm not tutoring or buried in my textbooks, you will either find me rock climbing at the Triangle Rock Club, playing Ultimate Frisbee, working on my car, or enjoying the great outdoors (beaches, mountains, forests--you name it, I love it). On rainy weekends I enjoy tinkering with computers and old e...
The University of Texas at Dallas
Bachelors, Mechanical Engineering
Duke University
Current Grad Student, Mechanical Engineering
Certified Tutor
10+ years
Nina
I am a recent graduate from a masters program in biostatistics at Columbia University. I received my Bachelor of Arts in biological sciences, with a focus in neurobiology at Northwestern University. In August, I will be starting a doctoral program in biostatistics at NYU. I was a teaching assistant ...
Columbia University
Masters in biostatistics
Northwestern University
Bachelor of Arts in biological sciences (focus in neurobiology)
Columbia University in the City of New York
Current Grad Student, Biostatistics
Certified Tutor
I am a graduate of Wesleyan University, where I received my Bachelor of Arts in Sociology with High Honors. With eight years of experience working in education, I've tutored students in math, science, history, and English, as well as helped students prepare for standardized tests. I've guided adults...
Harvard University
PHD, Education
Wesleyan University
Bachelor in Arts, Sociology
Certified Tutor
Michelle
I am proud to be a part of Varsity Tutors! I am originally from San Antonio, TX; I completed my undergraduate education at Rice University in Houston where I received a bachelor's degree in Biochemistry and Cell Biology. Currently, I am in my second year of medical school at Baylor College of Medici...
Baylor College of Medicine
Current Grad Student, M.D.
Rice University
Bachelor's in Biochemistry and Cell Biology
Certified Tutor
Christopher
I am a rising sophomore at Harvard College and am about to declare as a Mechanical Engineering concentrator, working towards a Bachelor of Science degree. I've always enjoyed sharing my knowledge with my peers and those around me and have done so in both formal and informal settings. I've been a tut...
Harvard College
Bachelor of Science, Mechanical Engineering
Certified Tutor
Liz
I am a graduate of Washington University in St Louis, where I received my Bachelor of Arts in History with minors in Humanities and Anthropology. Since graduation, I have worked as a tutor, teacher, and director of tutors at a charter public middle school in Boston. During this time I also received ...
Simmons College
Masters, Special Education: Mild to Moderate Disabilities 5-12
Washington University in St. Louis
Bachelor of Arts in History (minors in Humanities and Anthropology)
Certified Tutor
Charles
I am a junior Mechanical Engineering major at Yale, and I hope to become a Naval Aviator after college. I am also a varsity sailor, and enjoy playing music with friends when I can get some free time. I have been tutoring my fellow students throughout my entire academic career, and I would best descr...
Yale University
Bachelor of Science, Mechanical Engineering
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Solange
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Justin
AP Calculus BC Tutor • +48 Subjects
I am an aspiring applied mathematician, with particular interest in image processing and climate science. I graduated in May 2017 from Washington University in St. Louis with a bachelor's in physics and mathematics, and am beginning a PhD program in September 2017 at the University of Chicago in Computational and Applied Mathematics. I've tutored introductory physics students for three years and enjoyed it thoroughly, as a chance to help other students while revisiting fundamental concepts to enhance my own knowledge. I'm eager to continue reaching out and helping students of math and physics to succeed and, furthermore, to appreciate the beauty and power of these subjects.
Andrew
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Sabira
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I am currently attending Johns Hopkins University, pursuing a dual degree in Computer Science and Applied Math and Statistics. I love helping students and I love the feeling I get knowing that I was able to use my knowledge to make someone else happier. My favorite subject to teach is math because there are so many ways to learn it and if one way does not help I can use another. I used to teach taekwondo and interacted with all kinds of students, and I'm excited to help out more! Hobbies: books, reading, music, writing, art
Justin
Calculus Tutor • +38 Subjects
I am a graduate of the University of Chicago where I received my Bachelor of Arts in Philosophy. Currently, I am in the master's program at the University of New Mexico where I am continuing my education in philosophy. Ultimately, I hope to go on to earn a PhD in Philosophy so that I can continue engaging in my passions for learning and teaching. While in school, I have spent countless hours coaching high school speech and debate both in person and working online with students across the country. My focus in coaching has been to emphasize philosophy and critical thought to prepare students to think through novel arguments on their own. I am passionate about teaching and tutoring because I love seeing students learn to be intellectually independent and think through problems on their own terms by developing their critical thinking skills. I have devoted my life to education because I am passionate about it, and I try to share some of my passion for learning with the students I work with. I tutor all sorts of Standardized Tests, and I particularly enjoy working on logic-based problems like analogies and math sections. When I am not tutoring or reading for school, I enjoy strategy games (both board games and video games), listening to music, hiking, playing basketball, and just relaxing with friends.
Isabella
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Asta
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Daniel
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Henry
Calculus Tutor • +41 Subjects
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Frequently Asked Questions
Managerial Economics combines economic theory with business decision-making, which often trips up students who excel in pure economics but struggle with real-world application. The main challenges include: mastering quantitative techniques like regression analysis and cost-benefit analysis, bridging the gap between microeconomic concepts and strategic business decisions, and understanding how to use marginal analysis and game theory to solve actual management problems.
Personalized instruction helps address these gaps by focusing on the specific areas where you're struggling—whether that's the math, the conceptual framework, or the application piece—rather than moving through material at a standardized pace.
While traditional Economics focuses on how markets work and aggregate economic behavior, Managerial Economics applies economic principles to help individual firms and managers make better decisions. You'll study demand estimation, pricing strategies, capital budgeting, and organizational structure—all through the lens of maximizing firm value and competitive advantage.
This requires not just understanding economic theory, but also learning when and how to apply it to real business scenarios. A tutor can help you make these connections explicit and practice translating concepts into actionable strategies.
You'll need a solid foundation in microeconomics (supply and demand, elasticity, perfect competition) and comfort with algebra and basic calculus. Many Managerial Economics courses also assume you understand financial statements, accounting basics, and probability/statistics, since you'll use these tools to analyze business decisions.
If you're weak in any of these prerequisites, connecting with a tutor early can help you fill gaps quickly rather than falling behind once the course begins. Tutors can also help you refresh these foundational skills in the context of managerial problems, making the review more relevant and engaging.
The best tutors combine strong economics knowledge with real business experience or insight. They should be able to explain why a firm would use regression analysis to estimate demand, connect game theory to actual competitive strategies, and walk you through case studies or examples that illustrate how theory drives business decisions.
They also need to be comfortable with the quantitative side—helping you set up and solve optimization problems, work through financial analysis, and interpret results in a business context. Look for tutors who ask diagnostic questions early to understand your specific gaps and can tailor their teaching to your learning style and goals.
Research on 1-on-1 instruction shows that personalized learning accelerates progress because a tutor can immediately identify where your understanding breaks down and address it, rather than letting misconceptions pile up. In Managerial Economics, this means focusing intensively on the topics that confuse you—whether it's elasticity calculations, game theory applications, or translating a business problem into an economic model.
You'll also get targeted practice on problem types that appear on exams, feedback on your reasoning, and strategies for connecting concepts. Students typically see measurable improvements in test scores, assignment grades, and confidence in class participation within 4-6 weeks of consistent tutoring.
The most common trouble spots are demand estimation and forecasting (especially using regression and elasticity), pricing strategy and optimization (maximizing profit given constraints), and game theory applications (understanding competitive dynamics and strategic moves). Students also struggle with capital budgeting decisions, where they need to combine time-value-of-money concepts with risk analysis.
Additionally, translating word problems or real business scenarios into mathematical models trips up many students—they understand the economics conceptually but can't set up the problem correctly. A tutor can give you targeted practice in these areas and teach you frameworks for approaching unfamiliar problem types.
Most students benefit from 1-2 sessions per week, each lasting 60-90 minutes, depending on where they're starting and how much of the course material they've already covered. If you're struggling early in the course, starting with two sessions per week helps you catch up and build momentum. Once you're on track, many students drop to one session per week for ongoing support and exam prep.
The key is consistency—regular tutoring allows you to apply what you learn in tutoring sessions to your homework and classwork, creating a reinforcement loop. Varsity Tutors can help you determine the right schedule based on your goals and current performance.
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