How to Set Your Prices for Economics Lessons

How to Set Your Prices for Economics Lessons Pricing Your Economics Lessons ChaptersRational People Think at the MarginPeople Face Trade-offsPeople Respond to IncentivesWhat do Tutors in Your Area Charge?The Bottom LineAs a presumed Economics major, even if you don't yet have your degree, you are more aware than most about the difference between value and worth, and the significance of every economic theory.Thus it stands to reason that you, perhaps more so than any tutor on the market, are keenly aware of pricing your services so that it meets the demand of your customer base.According to Forbes magazine, private tutoring is a global industry set to surpass the 100 billion dollar mark this year.By all means, claim your share, but beware that doing so involves a lot of critical thinking.Obviously, your knowledge, and the ability to disseminate it has worth, but in what measure?Market potential value is an estimate of the total amount of money that could potentially be spent by consumers in a particular market.Judging by the Forbes article, that is a substant ial chunk, implying that people will pay a hefty price for quality instruction.However, setting your rates for each hour of tutoring too high could price you out of the market.Conversely, setting them too low may drive potential clients away.Wait a minute! How can setting low prices go against people wanting the greatest value for their money?The idiom you get what you pay for generally has a negative connotation.What that means for you is that, if your prices are set too low, the quality of instruction  you provide would most likely be perceived as poor.Of course, that adage is not always true: you may be a terrific instructor imbued with an altruistic desire to pass on your knowledge, even at your own expense.That doesn't necessarily read well in advertising copy, nor will you necessarily be believed.In that spirit, we recommend against combatting folk wisdom while attempting to establish yourself as an economics tutor of merit.Now, back to the point of this article.Clearly, tutor ing is a lucrative business. Claiming your share of that massive market will require finesse, dedication and a bit of work.All of which is doable by employing economic strategies to find that sweet spot, where your rates are competitive â€" neither too high nor too low, and satisfying to both you and your clients.To that end we don our thinking caps, roll up our sleeves and examine every principle of economics, to give you the best advice on pricing your services for maximum benefit to both parties.See more about becoming a tutor.Earning your reputation as a teacher will have the same effect as a top designer name on a bag Source: Pixabay Credit: Free-PhotosThe nail salon technician or hair stylist has a basis for pricing that incorporates the cost of products they use, their shop's overhead, the wages of their employees and so on.As a freelance tutor of Economics, virtually everything you bring to the venture is intangible: your knowledge and experience, your ability to impart know ledge, and the human qualities that make you an outstanding teacher.Here, we need to understand the difference between value and worth  as  they relate to your profession.Worth attaches a price tag, but value signifies importance.Your worth as a teacher of Economics must balance against the value your student gains from your lessons.However important the acquisition of knowledge is to your student is what will ultimately determine your worth as his/her teacher.That is one foundation upon which to build your price schedule.Get online tutoring jobs UK here.People Face Trade-offsA good example of such a trade-off is the balance of equity versus efficiency.For the purposes of our discussion, we postulate:1. Efficiency is the property of society getting maximum benefit from scarce resources â€" in our scenario, knowledge and understanding of economic theory are those resources.2. Equity is the property of distributing said knowledge fairly among society â€" in our little microcosm, said society represents every Economics student.What that equation represents to you, the purveyor of that much sought-after knowledge is the time to prepare lessons, time to travel, time spent with your tutees added to the sum total worth of your expertise.You may also consider your attainment of mastery in the subject of economics as a factor in determining equity.Unless you are independently wealthy, you must realise a profit from your venture in order to achieve equity.These are all factors that should help you determine your per hour pricing.For your students, things get more complicated.Does their current financial position afford them the ability to even attend university, let alone pay for private tutoring in economics?They may find value in taking a semester off to earn money by tutoring economics themselves so that they can afford more schooling.What, for them, is the assessed value in grasping economic principles?How does this learning expenditure balance against their future earning potential as an economist?How does their future earning potential stack up against their future financial obligations?As you project a curriculum to teach and the estimated worth of your venture, your students are pondering their future solvency based in part on what you can teach them, and how well.That is the very definition of microeconomics, in a nutshell!One of the words in the phrase 'free gift' is redundant, but advertisers say it for a reason! Source: Pixabay Credit: OpenClipart VectorsAdvertisers have a propensity for incentivising potential customers with a free gift.The fundamental idea of gifting suggests that whatever is to be given would cost the recipient nothing.Because people respond positively to the word free, while the word gift is treated with suspicion, that stylistic error has become a staple of the advertising industry!Teaching principles of economics, you could certainly find ways to promote your services through small gratuities.You may host a semin ar or workshop for all of your tutees at a discounted rate, for example.Perhaps you could encourage individual tutees to participate in group sessions at a lower rate if you have several students who live close to each other.You may even encourage them to engage online!And, speaking of online...Have you thought of teaching macroeconomics or international economics online?Teaching applied economics via webcam permits you a much wider audience because geographic restrictions are effectively removed.Many Superprof tutors engage via webcam, and furthermore introduce themselves by offering a free lesson!You may think that giving your knowledge away would run counter to the philosophy of earning your living, but statistics show that clients are more willing to seek collaboration if no monetary risk is involved at the outset.Bear in mind that there is no regulation determining rates for tutoring sessions, no matter whether you teach at undergraduate level or secondary school students; or i f your subject is math, language arts or economic analysis.Nevertheless, we can provide you with some insight and guidelines to improving your chances of attracting clients.What do Tutors in Your Area Charge?Here we refer to economic principle #6 that addresses market economy:A market economy is an economy that allocates resources through the decentralized decisions of many firms and households as they interact in markets for goods and services.From our perspective, now:The many firms represent the collective tutoring body, whose greater social interest is student learning.The households typify prospective clients engaging in the search and retention of qualified mentoring.Adam Smith, Scottish pioneer of political economy suggested that, although people are primarily motivated by self-interest, inevitably that very interest will turn to promoting society's economic well-being.Conclusion: although it would be in your better interest to charge a higher fee for your services, the marke t economy insists that, ultimately, you will defer to the needs of society â€" by setting your rates in accordance with the market in your region.London tutors charge substantially higher rates than, say, in Scotland or Wales, and some tutors will charge for travel to a client's home if s/he lives outside of city centre.Studying your local market, determining the feasibility of teaching online or hosting a workshop, and considering the number of lessons you must teach per week to meet your financial goals all impact how you will set your rates.To help you with that task, we've compared tutoring rates in several UK cities and put them in a table for you, at the end of this article.NOTE: all prices are estimates, as reported by IndeedPutting up barriers between you and your tutees is a sure way to reduce your worth Source: Pixabay Credit: WokandaPixTeaching Strategies and Learning EnvironmentWith competitive rates set for tutoring in your area, you must find some quality that distingu ishes you from every other Economics tutor in the region.Do you create lesson plans for each of your students? How would you draft and evaluate a quantitative analysis of their progress?Would you use the student's textbook, create Powerpoint presentations or a mixture of both?Are you more likely to lecture, or is your methodology more student-led â€" meaning s/he asks questions to which you provide answers, or indicate where answers can be found?Your pedagogy and the dynamic environment you foster as you conduct your lessons is the best path to a reputation for teaching excellence, the very quality that will make you a most desirable market commodity.The Bottom LineThe job market for teachers of economics is much the same as any other industrial organization, and predicated on the same principles:1st Principle: Recognising that trade-offs exist does not indicate what decisions should or will be made.3rd Principle: Remember margin thinking â€" price yourself competitively for your ar ea and level of expertise.4th Principle: people respond to incentives, so offering something for free is a good promotional strategy.6th Principle: markets being the best way to organize economic activity; joining the market will give you the greatest exposure to potential clients.You may refer to Gregory Mankiw's outline for other principles of economics, to determine the best possible outcome to your venture.Be sure to let us know how you fare!Name of City or RegionMaths Tutors av. feeLanguages arts tutor av. feeEconomics tutor av. feeLondon: average £17.29/hr £27 - 33 £22.96 £18.96Manchester: average £15.96/hr £18 £14.27 £15.61Glasgow: average £19.28/hr £20.89 £19.28 £17.67Cardiff: average £17.25/hr £18.27 £14.17 £19.31Leeds: average £16.56/hr £23 - 30 £16.56 £16.56Averages across the UK: £18.49 £21.86 - 23.85 £17.25 £16.19

6 Perfect Graduation Songs to Sing Along With

6 Perfect Graduation Songs to Sing Along With Suzy S. Gearing up for graduation? Congratulations! Whether youre putting on a performance or simply need to load up your party playlist, here are some of the top graduation songs, rounded up by Hayward, CA voice teacher  Molly R... Editors Note: Updated post for 2016 even MORE recommendations for graduation songs to sing! It’s May, and before you know it we’re getting into another very busy time of year! One of the things we have to look forward to is graduations galore (how did it get to be the end of the school year already?) . If you’re a singer, perhaps you’ve been asked by a friend or family member to sing at a ceremony or party. There are lots of wonderful songs you can sing that are sure to please the hard part is narrowing it down! Here are six suggestions for this years top graduation songs. “Reach”  Gloria Estefan This pop tune recorded by Gloria Estefan was composed for the 1996 Summer Olympics. Its simple yet positive message to keep reaching high is perfect for sending young people out into the great big world! “Climb Every Mountain” Rodgers and Hammerstein’s “Sound of Music” This musical theatre classic is a marvelous choice for a classically trained voice, especially a big voiced mezzo-soprano or soprano. Its inspiring lyrics and soaring melody are best when sung with lots of conviction (and solid vocal technique!). Not recommended for pop voices. “Unwritten”  Natasha Bedingfield This is another inspiring pop song perfect for the new graduate! Your entire life is now a blank page, so go ahead and write your story! This particular song is great for big voices that aren’t afraid to play with melismas, also known as vocal runs. “The Climb” Miley Cyrus This is yet another pop song with lyrics that encourage us to focus on our goals in order to achieve our dreams, even in tough times. Talk about the perfect message for the big day! This song would also work well for middle school ceremonies and young singers. “I Believe I Can Fly” R. Kelly This 90s RB song from “Space Jam” is great for a variety of singers bonus if you have a choir or vocal ensemble to sing with you! It’s uplifting and big; there’s no better way to end the year and begin the next chapter! This song would work very well for all levels and ages. “Fly” Avril Lavigne This is the newest of the six songs, penned in honor of the 2015 Special Olympics. Like the other songs listed, it has a very inspiring message, but is also fairly easy to sing! Those newer to pop solos will be able to do a fine job with this one. Naturally, your voice teacher is likely to have additional suggestions, so its a good idea to sift through these top graduation songs together. He or she really knows your voice and is a great resource for graduation day repertoire! TakeLessons is the ideal place to find a voice teacher if you do not already have one. Be sure you do a good warm-up before the big performance and break a leg! Need more song ideas?  Check out our list here! Molly R. teaches online and in-person singing lessons in Hayward, CA. Her specialties include teaching beginner vocalists, shy singers, children, teens, lapsed singers, and older beginners. She joined TakeLessons in November 2013.  Learn more about Molly  here! Interested in Private Lessons? Search thousands of teachers for local and live, online lessons. Sign up for convenient, affordable private lessons today! Search for Your Teacher Photo by Tom Kelly

Online Vertex Formula Tutors

Online Vertex Formula Tutors A parabola depending upon the given equation opens either upward or downward. The vertex of a parabola is the point where the graph takes a turn and changes its direction. If a parabola opens upward, then the vertex of the parabola is the lowest point or the minimum point on the graph. If the parabola opens downward, then the vertex is the highest point or the maximum point on the graph. We can use the vertex formula in order to find the coordinates of the vertex of the parabola. Example 1: What is the vertex of the parabola of the equation y= 2x2 4x+ 5? The x coordinate of the vertex of a parabola is x = -b/2a for an equation of the form y= ax2+ bx+ c In the given question, a= 2, b= -4 and c= 5. Hence the vertex, x= - (-4)/ (2* 2) = 4/4= 1 Now substitute x= 1 in the given equation to get y. This gives: y= (2* 12) (4* 1) + 5= 2- 4+ 5= 3. Therefore the vertex of the parabola is= (1, 3). Example 2: What is the vertex of the parabola of the equation y= x2 + 6x + 8? The x coordinate of the vertex of a parabola is x = -b/2a for an equation of the form y= ax2+ bx+ c In the given question, a= 1, b= 6 and c= 8. Hence the vertex, x= - (6)/ (2* 1) = -6/2= -3. Now substitute x= -3 in the given equation to get y. This gives: y= (-32) + (6* -3) + 8= 9- 18 + 8= -1. Therefore the vertex of the parabola is= (-3, -1).

How to Tune Your Guitar

How to Tune Your Guitar The Guide to Tuning Your Guitar Online ChaptersWhy Choose an Online Tuner?What Type of Guitar Tuner Should You Buy?Which Is the Best Online Tuner?Online Diatonic Tuners“I can’t explain but I’ll find a song that can.”The internet is becoming increasingly popular in terms of music. Digital sales are increasingly dramatically. Downloads and paid streaming have replaced the good old vinyl our parents listened to.When it comes to learning how to play guitar, you need to also learn how to tune a guitar so that it’s neither sharp nor flat and it sounds nice. Even the best guitar player will sound terrible if it's not tuned.In this article, we’ve got some online tuners you can use for free.

ADHD and Organization in the Classroom

ADHD and Organization in the Classroom When Im planning a classroom visit parents will often tell me that Ill have no problem figuring out which desk belongs to their child its the one overflowing with papers, books, pencils, and countless random items. Problems with organization can seem like they arent as impairing as other ADHD-related difficulties, like impulsivity or difficulty staying focused, but in fact, studies show that the kids with ADHD who struggle the most academically are those who have the greatest difficulty with organization. When children are disorganized, its harder for them to find their materials and get started right away, they have a harder time blocking out the visual clutter so they can stay on task, and their self-esteem can suffer if they are frequently criticized for their messy work area by parents and teachers and are teased by peers who label them as the messy student in the classroom. While it may appear that a disorganized child with ADHD is careless or sloppy, often these students care very much about their materials and wish they could have a neat desk like their classmates. The problem is that the executive functioning skills required for organization are underdeveloped, making it almost impossible for them to maintain an organized desk and work area on their own. For kids with ADHD, getting organized and staying organized requires structure and support from their teacher and repeated practice of organizational skills and strategies. Here is a simple 5 step process that will help the student get the support that they need: Do an initial desk clean out with the child. At a time when there are no other students in the classroom, do a complete desk clean out with the student. Everything should come out of the desk, and only the absolute minimum number of items should go back in. Fewer materials in the desk means there will be less to keep track of an organize on a day-to-day basis. Create an itemized checklist and tape it to the top of the desk. Make a checklist that includes every item the student needs to keep in the desk. The rule should be that if an item is not on the checklist, then it does not belong in the desk. If the student wants to put something in the desk that is not on the list, then he or she needs to ask permission and either update the list (if its a permanent addition) or take the item back home with at the end of the day so it doesnt create clutter. Schedule a daily desk check-in. At the end of each day, review the desk checklist with the student. Make sure only checklist items are in the desk and clear out any clutter that may have accumulated throughout the day. Over time you can have the student go through the checklist alone and call you over when he or she is ready for you to review his or her progress. Alternatively, if there is a kind, organized student in the classroom, you can have that student be a peer helper who is responsible for helping the student go through the checklist and clear out the clutter. Provide praise and rewards. Remember that keeping a desk organized is an extremely challenging task for many students with ADHD. Provide a lot of praise when you complete the daily check-ins, and when the desk is looking particularly neat, snap a picture to share with the students parents so the student can receive praise at home as well. Some kids may need to receive rewards as well to stay motivated. You can provide rewards either by adding a daily desk organization goal to his or her daily report card, or by providing small stickers or incentives at the end of each day. Review and update the desk checklist with the student monthly. As the curriculum changes throughout the year the student may need to add or remove items from the desk checklist. Review the checklist with the student and ask if there are items on the list that he or she is no longer using, or if there are things he or she needs regularly that arent in the desk or on the list. Actively engaging the student in this process will help him or her feel a sense of ownership over his or her organization and will help him or her develop valuable skills that he or she will be able to use independently in the future. While its unlikely that a child with ADHD will go from being highly disorganized to the neatest student in the classroom overnight, with a few supportive strategies and daily practice the student can keep his or her materials reasonably organized and will no longer stand out as having a desk thats the messiest one in the room. ABOUT DR. MARY ROONEY Mary Rooney, Ph.D., is a licensed clinical psychologist in the Department of Psychiatry at the University of California San Francisco. Dr Rooney is a researcher and clinician specializing in the evaluation and treatment of ADHD and co-occurring behavioral, anxiety, and mood disorders. A strong advocate for those with attention and behavior problems, Dr. Rooney is committed to developing and providing comprehensive, cutting edge treatments tailored to meet the unique needs of each child and adolescent. Dr. Rooney's clinical interventions and research avenues emphasize working closely with parents and teachers to create supportive, structured home and school environments that enable children and adolescents to reach their full potential. In addition, Dr. Rooney serves as a consultant and ADHD expert to Huntington Learning Centers. ABOUT HUNTINGTON Huntington Learning Center is the tutoring and test prep leader. Its certified tutors provide individualized instruction in reading, phonics, writing, study skills, elementary and middle school math, Algebra through Calculus, Chemistry, and other sciences. It preps for the SAT and ACT, as well as state and standardized exams. Huntington programs develop the skills, confidence, and motivation to help students of all levels succeed and meet the needs of Common Core State Standards. Founded in 1977, Huntington's mission is to give every student the best education possible. Call us today at 1.800.CAN LEARN to discuss how Huntington can help your child. For franchise opportunities please visit www.huntingtonfranchise.com. This website does not provide medical advice, diagnosis, or treatment. The material on this site is provided for educational purposes only.

Listen Carefully and Stay Calm Tips For Success in The First Certificate (FCE) Oral English Exam

Listen Carefully and Stay Calm Tips For Success in The First Certificate (FCE) Oral English Exam So, you’ve aced the written part of the Cambridge First Certificate in English (FCE) and all that’s left is the oral part. How  can you be sure you will be at your best in the exam?Here are some tips to help you in the individual part of the exam which should last around 7 (of the 14) minutes of the exam.Arrive On TimeGetting to the exam venue late could break your concentration. It’s a good idea to be there around an hour early so you can mentally prepare for the exam and familiarize yourself with the surroundings. It will also give you the chance to double check the start time of your test!Don’t Cut Yourself ShortAvoid monosyllabic or yes/no answers. Use full sentences. Always give more rather than less detail in oral exams. This is your opportunity to show off your English. Don’t be afraid to use it.  Keep talkingOne of the worst things in an oral exam is silence. The examiner will think that you have nothing to say! It is critical that you keep talking throughout the ex am. Connector words (like however, furthermore) can be great tools to keep the momentum going.Stay To The PointWhile it’s important to keep talking in the exam, it’s equally important to stick to the point. Don’t ramble onto irrelevant topics. You will lose points for this.  Listen CarefullyAwait carefully the full question or comment from the examiner. Don’t interrupt him/her. You might lose the most important point of what he/she is saying.If You Don’t Understand Something, Say So!One of the worst mistakes you can make in an exam is not to admit it when you are completely lost.Good ways to get around this situation without losing face are the following:I’m sorry, could you repeat that please?Would you mind repeating that in a different way, please?  Stay CalmEven if you feel like you haven’t started well or made some errors, stay calm. If you get worked up you could lose your focus and not answer the rest of the questions as you could have done.End On A High NoteEven if you feel that the exam didn’t go well, it’s a good idea to end on a positive note. Try to have a polished phrase prepared for your goodbye after it has finished.  These include:Thank you very much. Take care.Thanks for your patience. All the best.Now, lets see how you get on. Here are some sample Questions for FCE oral exam:Do you live in a city centre, a suburb, a town, a village, or in the countryside?Is your town well-known for something (for example, a building or a type of food)?How long have you been studying English?Do you want to live in your home country or abroad in the long term?What do you think you will be doing after 5 or 10 years?Did you find this blog helpful? Feel free to share it on Facebook and Twitter.

Top 10 Least Stressful Part-Time Jobs

Top 10 Least Stressful Part-Time Jobs https://www.salon124.com If you have the skills and certification to be a hairdresser, it is a great part-time job that is low on stress. You can bring home a lot of money in tips and get to talk to customers all day long. Many people look to their hairdresser to talk about their problems, almost as a therapist in a way. This can be interesting and makes the time go by super fast. 2. Librarian/assistant Not only are college students avoiding a stressful job by working at a library, but they also benefit as students. When you know the ins and outs of the library, including online databases for research, you can use those resources when completing a paper or project for class. 3. Yoga instructor http://www.yogateachertrainingspot.com Doing yoga is known to be a great stress reliever for anyone, so instructing yoga classes as a job could possibly be the most non-stressful job out there. Another benefit from yoga is muscle building and weight loss as well. College students with years of yoga experience should apply for a yoga instructing position; this part-time job would be great during the summer and the fall and spring semesters.     4. Dog walker/sitter http://20some.20some.netdna-cdn.com What is less stressful than playing with puppies and dogs all day? Many dog owners that work long hours need someone willing to walk and/or babysit their dogs in the morning, evening or during the day. This flexible schedule can be great for college students; you can go walk a dog or two when you have a longer break in between classes or before and after your school day. Dog walkers/sitters also get paid a good amount when they are difficult to find or request odd hours. If you are a dog and/or animal lover, a dog walking or sitting position may be the non-stressful part-time job for you. 5. Toll collector If you ever traveled the country by car or went over a bridge, you have probably paid a toll fee to a toll collector (if you do not have an E-ZPass). Well if you dont mind being a bit bored, being a toll collector for the summer could be a great job for you. Since you would be employed by the government, you will make good money and more importantly, not be stressed out. The most you will probably go through in a days work is when people want to pay $6 in coins. 6. Pool lifeguard http://metropools.com When you first think of having the duties of being a lifeguard (saving lives), you may think this particular job would be extremely stressful, but lifeguards spend the majority of their time waiting around for something to happen at less busy pools. There are also a lot of perks of being a lifeguard, such as getting paid to get a tan and having the entire pool to only you and your coworkers before and after hours. 7. Personal trainer Being employed by a gym as a personal trainer is far from stressful, and can even be stress relieving. Working out is a big stress reliever for many people, so if you are working out and encouraging others to push their limits, you may find yourself feeling great after work. Personal trainers are also in high demand and get paid fairly decent. This would be a great summer job for the gym obsessed college students. 8. Movie theater associate http://a.abcnews.go.com What college kid does not like movies? Well working at a movie theater you get to watch brand-new movies for free! The smell of popcorn may get a little old, but many students find working in a movie theater fun. Since you will enjoy your job, you will not be too stressed. This job can work for college students during the summer or weekends during the semester. 9. Clubhouse associate Clubhouses that have sports activities, along with childcare, can also be a non-stressful job for college students to have. You can work after business hours and get to play sports and games with kids. This job can also be great for the students who seem to never have time to fit exercise into their busy schedules. Some find working with kids fun as well. 10. Lawn maintenance http://www.knoxvillelandscapingservice.com Like driving, many people find mowing lawns somewhat therapeutic. Mowing lawns and doing other yard maintenance can be peaceful and satisfying to be able to see the outcome of your hard work. This is also a perfect part-time job for college students on summer break that love the outdoors.