Economics Articles

Congratulations to MADISON for her dedication and good grades in her challenging business classes.

By Paul C. | 12/16/2012 6:42 AM CST |

Congratulations to MADISON for her dedication and good grades in her challenging business classes. Madison, we're proud of you for doing a great job--it looks like you're going to get A's and B's in all of your classes. Since you are taking some very challenging subjects, passing them all and getting good grades is a praiseworthy accomplishment on your part!

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Recommended Statistics Learning Strategies - Experienced Subject Matter Expert

By Albert M. | 10/20/2012 4:56 AM CST |

My recommended strategy to Students at all academic levels for learning and successfully passing the course at all modalities (on-line, on-ground) is the culmination of at least ten years of teaching and tutoring statistics at the undergraduate, graduate, and post-graduate levels in business, management, sciences, social studies, and psychology. It consists of the following:

1. The first is to learn how to overcome fear and anxiety from the unknown and look at tutoring as a prudent investment to your immediate future and success. Engage the tutor from the start of the course and don't prolong...

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Avoiding summer slump

By Jeffry S. | 7/11/2012 4:53 PM CST |

The worst thing for a student can be summer vacations. The last thing on their minds is to keep up on what they learned throughout the previous school year. They want fun, freedom, excitement. None of these are often used by students to describe learning or school. However, it is important to their continued mental development that they maintain their level of understanding from school year to school year. Too much time is lost at the beginning of each school year trying to catch back up. This slipping backward can be avoided by doing simple skills every day during summer vacation.

Math...

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Using current events to explain statistical ideas

By John M. | 6/6/2012 7:08 PM CST |

It is often examples that make ideas understandable to students and current events can be a good source of examples. Case in point. Today in Wisconsin, the issue of the day is the outcome of the recall elections and problems with the exit polling. As a tutor, the outcome isn’t interesting, but exit polling like all surveys is key to the usefulness of statistics! In fact, it gives a great opportunity to illustrate some of the basic (and non-mathematical) ideas and concepts of statistics — usually the ideas presented at the beginning of most introduction-to-statistics courses.

Statistical inferences...

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Happy New Year!

By Debra F. | 12/27/2011 7:54 AM CST |

Each year we turn a calendar over to January 1st and remarkably feel like it is a new beginning. For many it is just one more day in the count down to January final exams. For others it is decision time - do I stay in school another semester and take a break?

Education is never a gamble. It will always be a benefit to those who put forth the effort. For those who are struggling in a formal program at a college or university, it is worth while to remember that self-education is also a proven route. There are many very successful people who developed knack for assimilating new information...

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Follow the Economic Arrows

By Debra F. | 8/8/2011 9:15 AM CST |

Economics

Economics students should be entranced with the real-world lesson plan unfolding in the news. All economics students get restive when the professor draws those seemingly incomprehensible charts on the board. Still members of Congress should have all paid more attention. All those arrows and curves are coming back to haunt us now with the federal deficit well beyond the comprehension of most taxpayers.

The lesson goes like this. Consumers are savers. They supply capital to the market in the form of savings. Businesses require capital to grow; to produce new products and services. They...

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What's cash flow?

By William G. | 7/15/2011 9:49 PM CST |

Cash flow is ultimately what drives us in our personal lives or in business. We look at the Cash In's and the Cash Out's. If we have more cash coming in than cash going out, we call that Cash Flow Positive. If cash out is more, we call that Cash Flow Negative. We can be negative from time to time, but not for too long or if we don't balance it out with periods of positive.

Over that past 20 years, we, as a society, have spent MORE than what we took in (what we earned). How did we handle it? How did we make it work for so long? Credit cards and home equity loans. When the economy was going well...

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What do you look for in a tutor? Feedback welcome!!

By Dan V. | 4/3/2011 11:48 AM CST |

Although I am not a contestant on "Who Wants to be a Millionaire", let me nevertheless ask the audience on this one...

I want to know what makes a tutor more appealing (besides the profile picture). Is it affordability? Is it flexibility in hours? Is it number of years experience in tutoring a particular subject? Is it the ratings given to the tutor by students? Is it age?

Please give me an idea of what I can do for you. Although I am new to this tutoring site, I really want to build more relationships with students who seek assistance in math and other subjects. Your feedback will...

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Bad Test Takers Cheat Sheet

By Lakesha P. | 4/2/2011 10:26 PM CST |

Accounting,
ACT,
ADD/ADHD,
Algebra 1,
Autism,
18 more...

Many students claim to be just bad test takers. No matter how much they study or how well they understand the information, when it comes to taking the test, they can’t perform. Well, rest-assure that the problem probably isn’t that the student is a “bad” test taker, but that they let stress get the better of them. In 9 out of 10 students, inability to perform on tests is caused by stress and tension. Luckily, there are some test taking tips that will help any student conquer test apprehension.

SECRET WEAPONS

All students should have a few of these secret ways to improve not only their test-taking...

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Training your intuition

By John M. | 12/7/2010 6:45 PM CST |

For most people, solving a problem or a question is not difficult if they have a model to follow and the correct data to plug into the model. Take one of the most basic functions, paying for something at a cash register. If the cashier tells you the Happy Meal costs (with tax) $4.23, and you hand the cashier a $10.00 bill, I suspect that most cashiers will give and most people will expect their $5.77 in change. Oh, you can confuse people and make the problem more difficult (7 dimes, a nickel and two pennies, rather than 3 quarters and two pennies), but these are just "tricks." This works,...

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