Challenging microeconomics problems

Economics is a tough subject.  It can be difficult to explain the more esoteric concepts, especially marginal cost.  As I was working with a student today, he had some difficulty understanding how I had arrived at an answer to a problem.  He seemed to have an easier time understanding the concept of average total cost of production, perhaps because of the fact that it is linked to a math concept that is highly familiar to him.  On the other hand, a strategy that worked well with this student was giving an example of what might happen to a specific business if specific things happened in a market.  This helped him to understand the concept of a decreasing cost market. 
My next steps in tutoring economics will include providing visual aids for the concept of marginal cost, and possibly the concept of average total cost.


Matthew T.

Credentialed Spanish teacher

400+ hours
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