A Level Economics Tutors

A Level Economics

Amanpreet Kaur C

125

Available For Online Tutoring Total Exp : 0 - 2 Years Reg. On : 23rd, February 2025

I'm a postgraduate in economics with 2+ years of teaching experience in it. I'm great in teaching macroeconomics, microeconomics and international economics. I have also taught students for IB economi Read More..

cs, AP economics and many other entrance exams and additionally there university level syllabus.

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Your A-Level Economics Journey with TutorMitra: Understanding the Economy

Money. It's everywhere. Costs. Work. Policies of the government. It changes the world we live in. But what about A-Level Economics? That's when things get real. Supply, demand, and elasticity. It sounds hard, doesn't it? It can seem like a lot of theories. What if you had a clear path? Someone to explain those graphs and economic models? An excellent A-Level Economics Tutor at TutorMitra does just that. We turn confusing ideas into useful information. We help you understand economics.

What is economics, really? It's not just about money!

Economics. It's all about choices. Not enough. How societies decide how to use their resources. To meet all of your needs. It's a big way to solve problems. Why do some countries have a lot of money? Some people are poor?

It includes both micro (individual choices) and macro (whole economies). Your A-Level Economics Tutor will tell you more about this two-pronged approach. Making you aware of how the world works.

The main problem is lack of resources.

We want a lot of things. But there aren't many resources. Time. Money. Space. This is a lack of something. It's the main issue that economics tries to fix. Everyone has to deal with it.

It makes you choose. Choices. There is an opportunity cost for every choice. This is a common problem that your A-Level Economics Tutor will talk about. The first thing you need to know about economics.

Opportunity Cost: The Real Cost of Making a Choice

You pick one thing. You give up one more. That "next best alternative" is gone. That's the cost of an opportunity. It's the actual cost of every choice. Not just money.

If you choose A-Level Economics, you'll have to give up something else. It works everywhere. Your A-Level Economics Tutor stresses this idea a lot. There is a hidden cost to every choice.

### The Market's Dance of Supply and Demand

Demand is how much people want. Supply is the amount that producers are willing to sell. They talk to each other. In the market. Figuring out prices. And amounts. It's always a negotiation.

Price of balance. Too much supply or demand. Changes in curves. It's the center of microeconomics. Your A-Level Economics Tutor will explain these basic ideas to you. The hand that can't be seen at work.

### Elasticity: How to Measure Responsiveness

What does the quantity demanded (or supplied) change? When does the price go up? Or money? That's stretchiness. Price elasticity of demand (PED). YED, or income elasticity.

It tells businesses if they should raise prices. Tells governments how taxes affect things. Very useful. Your A-Level Economics Tutor will explain these important steps. Finding out how sensitive the market is.

### Who Has the Power in Market Structures?

Competition that is perfect. Monopoly. Oligopoly. Competition that is monopolistic. A different number of businesses. Levels of competition that are different. Different levels of pricing power.

Knowing these structures helps us figure out how companies act. And what happens in the market. Your A-Level Economics Tutor will talk about these kinds of markets. Finding out who is in charge.

Market Failure: What Happens When Markets Go Wrong

Markets don't always use resources in the best way. Externalities, like pollution. Streetlights are an example of a public good. Asymmetry of information. Power of monopoly. These are problems with the market.

The government may need to step in. Taxes. Subsidies. Rules. Your A-Level Economics Tutor will find these problems in the market. When the unseen hand doesn't work.

### National Goals for the Macroeconomy

There are goals for governments. Growth in the economy. Few people are out of work. Stable prices (low inflation). Balance of payments balance. These are the big goals.

A lot of the time, these goals are at odds with each other. It's common to have to make trade-offs. Your A-Level Economics Tutor will tell you more about these national goals. What policymakers want to happen.

The National Economy: Aggregate Demand (AD) and Aggregate Supply (AS)

AD: The total amount of goods and services that people want in an economy. AS: All of the supply. Their interaction decides how much each country produces. And levels of prices. The whole economy is dancing.

Changes in AD and AS. Because of policy. Or shocks from the outside. Having an effect on growth and inflation. Your A-Level Economics Tutor will help you understand these big economic numbers. Finding out how healthy a country is.

### Fiscal Policy: Taxes and Spending by the Government

This is something that governments do. To have an effect on the economy. More spending. Or not as much. Increasing taxes. Or getting rid of them. To get people to want something. Or stop inflation.

Fiscal policy that encourages growth. Fiscal policy that makes things smaller. It's strong. And full of political tension. Your A-Level Economics Tutor will go over these policy tools with you. The things the government can do to affect things.

### What the Central Bank Does for Monetary Policy

Central banks, such as the RBI and the Fed, control the amount of money in circulation. Rates of interest. Quantitative easing. To have an effect on borrowing. And spending. Keep inflation in check. Help growth.

Central banks that are not tied to the government. Their important role. Your A-Level Economics Tutor will help you understand what central banks do. The banking system's unseen hand.

The cost of living is going up because of inflation.

Prices are going up. Less is bought with money. That's what inflation is. Inflation caused by demand. Cost-push inflation. It makes it harder to buy things. Can make an economy less stable.

Finding out what it is (CPI). Results. Rules to keep it in check. Your A-Level Economics Tutor will explain what causes inflation and what it means. The tax on savings that no one talks about.

### Unemployment: Resources That Are Not Being Used

People who want to work and can. But they can't find work. That's being out of work. Frictional. Cyclical. Structural. Different kinds. Different reasons.

Effects on people. And the money. Plans to make it smaller. Your A-Level Economics Tutor will talk about these problems in the job market. The potential that hasn't been used yet.

### International Trade: Links Around the World

Why do nations trade? Specialization. Advantage in comparison. Sending things out. Bringing in goods. Balance of payments. Rates of exchange. It connects economies all over the world.

Protectionism (quotas and tariffs). Trade without tariffs. There are a lot of arguments. Your A-Level Economics Tutor will talk about the pros and cons of trade between countries. The world is connected.

### Growth and development of the economy: progress and health

Economic growth means more output. Development: a general rise in the quality of life. Health. School. Human Development Index (HDI). Different ideas.

What makes things grow. Things that get in the way of growth. Rules that help both. Your A-Level Economics Tutor will help you understand these important ideas. Not just wealth, but also progress.

### Different Views on Economic Schools of Thought

Keynesian. Classical. Monetary. On the supply side. Various economists. Different thoughts. About how the economy works. And what rules are best?

These ideas don't agree. Help shape policy debates. Your A-Level Economics Tutor will show you these different points of view. Different ways to look at the economy.

The A-Level Economics Exam: Using Analysis

It's not just about memorizing things for tests. They test how well you can analyze things. Judging. Use. Writing essays. Questions about data. Using pictures. Giving reasons for conclusions.

It's about using your brain like an economist. Your A-Level Economics Tutor will teach you how to do well on tests. Turning what you know into strong arguments.

Why should you use TutorMitra for your A-Level economics studies?

It takes a lot of work to do A-Level Economics. It needs you to think critically. The ability to think critically. Understanding data. But it is also very important. It gives you access to finance, policy, and journalism. Our team of A-Level Economics Tutors understands. We know the syllabus very well. We understand the stress you're under.

We give clear and short explanations. Questions for practice that are specific. A place where people can learn and grow. We combine strict academic standards with a friendly, conversational tone. We make the ideas real by telling stories about real-world policies and economic events. And yes, if a sentence is a little strange or has a small grammar mistake, it's just us, the human tutors, making sure that you can relate to what you're learning. We don't just memorize things; we want to really understand them. Are you ready to figure out the global economy and do well on A-Level Economics? Come to TutorMitra. Let's figure out the markets together!

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