Microeconomics Tutor

How can MEB help with Microeconomics?

If you are looking for a microeconomics tutor online, My Engineering Buddy is where your search ends. We have the best economics tutors for a range of courses, including microeconomics. Our experienced tutors have helped students from various countries like the USA, Great Britain, Ireland, Jordan, and Kuwait for over a decade now.

As they come from different academic systems, our tutors are adept at effectively teaching the subject to students from various backgrounds for maximum learning. To make high-quality private tutoring affordable, we have kept the tuition fees low, starting from $9 for a trial session.

To book a session, contact our 24X7 student helpline team via WhatsApp. They will suggest the most suitable tutor for your specific requirements. The tutors connect with the students over an online whiteboard with file-sharing capabilities.

Our tutors are well-trained to make the sessions interactive. You will have the tutor’s full attention for learning theoretical concepts or problem-solving techniques. It provides a much richer learning environment than a regular classroom with many students.

Our microeconomics tutors can assist with the following and more:

• Studying microeconomics fundamentals
• Microeconomics homework help
• Advanced microeconomics
• Assignments and projects
• Exam prep help, including AP and CLEP exams
• Microeconomics math help

What is microeconomics?

Microeconomics is the theory of how companies, organizations, households, and individuals behave when making decisions for allocating resources. It generally covers goods and services markets dealing with economic and individual issues.

Microeconomics topics

• Consumer and producer surplus
• Demand
• Substitute goods and complements
• Price, cross, and income elasticity of demand
• Price elasticity of supply
• Economies of scale
• Opportunity cost
• Market equilibrium
• Specialization and division of labor
• Market failure
• Positive and negative externalities
• Behavioral economics
• Merit, demerit, and public goods
• Objectives of firms
• Costs, diminishing returns, and efficiency
• Allocative, productive, dynamic, and Pareto Efficiency
• Market structure
• Labour markets and their imperfections
• Monopoly and monopolistic competition
• Oligopoly
• Monopsony
• Perfect competition and competition policy
• Contestable markets
• Price discrimination and pricing strategies
• Expected Utility and marginal utility theory
• Indifference curves and budget lines
• Privatization

Where is microeconomics used in real life?

Microeconomics plays a significant role in all of our buying and selling decisions. It helps us in our investment decisions with ‘opportunity cost.’ It evaluates our choices and decisions when we cope with competing demands for our money, time, and other resources.

Important microeconomics exams

These are some important exams students seek our tutors’ help for preparation.

AP Microeconomics

This course and the ensuing exam are worth an introductory, one-semester college course in microeconomics.

CLEP Principles of Microeconomics

It covers the material, usually a part of an introductory one-semester undergraduate microeconomics course. It includes the economic principles about the behavioral analysis of businesses and individual consumers.

Macroeconomics textbooks

• Microeconomics by Paul Krugman, Robin Wells. Publisher – Worth Publishers
• Microeconomics by Campbell McConnell, Stanley Brue, Sean Flynn. Publisher – McGraw Hill
• Principles of Microeconomics by Dirk Mateer, Lee Coppock. Publisher ‏-‎ W. W. Norton & Company
• Microeconomics (Pearson Series in Economics) by Robert Pindyck, Daniel Rubinfeld. Publisher ‏-‎ Pearson
• Microeconomics for MBAs – The Economic Way of Thinking for Managers by Richard B. McKenzie, Dwight R. Lee. Publisher – Cambridge University Press
• CLEP Principles of Microeconomics Book (CLEP Test Preparation) by Richard Sattora. Publisher – Research & Education Association
• 5 Steps to a 5 – AP Microeconomics by Eric Dodge. Publisher ‏-‎ McGraw Hill
• Principles of Microeconomics by Steven A. Greenlaw. Publisher ‏-‎ OpenStax