In 2019, Calgary owned fifth place in the list of the most livable cities in the world, followed by Vancouver at sixth and Toronto at seventh. The rankings are based on five major categories, which are stability, culture and environment, health care, infrastructure, and education. Besides that, Calgary also takes pride in its excellent quality of education and high-standard teaching system. However, because of that, there are also numerous students in the city who are having a difficult time coping with their lessons — especially in Economics.
What does Economics as a subject entail?
Economics is a social science influencing many other disciplines through its various subfields. These include mathematics, politics, geography, medicine, sociology, engineering, psychology, law, and business. Finding the most efficient and effective way to allocate resources to achieve individual and societal goals is at the heart of economics.
At its core, economics is concerned with a wide range of topics, including but not limited to production and employment, investment and savings, health, money and the banking system, government policies on taxation and spending, international trade, industrial organization and regulation, urbanization, environmental issues, and the design and enforcement of property rights.
Why Study Economics in Calgary?
Graduates in economics possess strong minds. Employers value their skills and qualities. They have analytic and logical thinking skills. As communicators, they are proficient. They know how markets work and how to make the best decisions for your situation.
In Calgary, economics graduates typically find employment as sales representatives, financial managers, banking and insurance brokers, financial advisors, economists, researchers, consultants, financial analysts, investment managers, and securities agents.
If you have a degree in economics, you have many options, whether you want to continue your education at the graduate level or get a job. Economics, finance, business, and law are all possibilities.
Economics Courses in Calgary
Economics basically examines how economic movement — production, consumption, and exchange of goods and services — is organized. Besides that, it also covers how people and societies structure economic action and the corresponding efficiency of various institutions in managing scarcity. Generally, Economics has five main areas of study that are essential factors in analyzing any subtopic related to the economy. These fields are as follows:
Macroeconomics
This area of economics tackles the economy as a whole. As such, macroeconomics refers to large-scale interactions and covers topics related to the gross domestic product (GDP), inflation, pricing, investment, savings, development, market growth, unemployment, and competition within markets.
Macroeconomics, in contrast to microeconomics, which investigates the decision-making processes of specific economic agents like consumers and businesses, focuses on the economy as a whole. As a result, macroeconomists use aggregate measures like GDP, unemployment rates, and the consumer price index (CPI) to examine the far-reaching effects of decisions made on a microeconomic scale, such as supply and demand analysis.
Microeconomics
It is the most crucial area in understanding the economy as a system. Microeconomics refers to small-scale economic interactions and talks about vital topics regarding the efficiency of supply and demand, game theory, opportunity costs, and market failure.
The field of microeconomics analyzes consumer and business decisions and resource allocation at the micro level. It addresses general personal and economic concerns in product and service markets.
It supplies the resources needed to formulate different economic policies. Tools are also provided that simplify monetary policy and strategy formulation.
When looking into the state of the economy, microeconomics is a considerable aid. This subfield of economics has been significant in elucidating the relationship between income and well-being. We may examine how well off they are and the variables contributing to their good fortune.
Insight into people's happiness levels can be gained through this subfield of economics.
Economic Theory
It is a field of economics in which models are derived and practiced for current economic issues. Aside from that, economic theory provides an outlet for research in various areas of economics based on accurate theoretical reasoning and mathematical lessons supported by the analysis of economic problems.
Economic theory aims to explain economic phenomena, interpret why and how the economy operates, and recommend the most effective means of influencing or resolving these events. They are an all-encompassing set of economic theories, definitions, and guidelines for proceeding under various conditions. Economic theory can be divided into two camps: the positive and the normative.
International Economics
This area of economics examines the flow of goods and services between different countries. It covers complex topics related to monetary exchange rates, international banking, tariffs, and the results of various economic and governmental systems.
Trade between countries is a significant focus of international economics. We begin by wondering what motivates nations to trade with one another. Governments tend to specialize in areas of production where their costs are lower, not necessarily because they can't produce everything themselves but because doing so maximizes efficiency. Absolute and relative advantage, trade balance, trade barriers (such as tariffs and quotas), protectionism, and free trade agreements are all covered.
Economic History
This field of economics history focuses on various economic theories and past writings. A lot of economic decisions as of writing are created based on the ideas and theories of famous economists such as Karl Marx, Adam Smith, and John Maynard Keynes.
The fundamentals of economics, as well as the complex areas of understanding the economy as a system and as a whole, aren’t simple lectures to tackle on a regular day at school. That’s why private tutoring and supplementary lessons are getting more and more popular in Calgary, especially for those students who have big dreams of succeeding in any economic career. In this article, let’s talk about the great places to enroll in economics courses and where you can get the academic support that you need in order to pursue a career in economics. Now, let’s get started!
Check out these online courses in Economics here.
Is Economics Hard to Study?
Studying for a degree in economics is quite tricky. Depending on your learning speed and familiarity with specific courses, you may struggle with subjects like economic theories.
Economics majors require a high level of analytical thinking, deductive reasoning, and the ability to solve complex mathematical problems. Economics relies heavily on numerical data. Therefore, fundamentals in algebra, trigonometry, and geometry must be mastered.
The study of economics relies heavily on theory. Students often have trouble grasping relatively abstract things because they struggle to conceptualize them.
You'll need to take more advanced coursework once you've completed your introductory coursework in the first few years of college. For example, understanding basic economic concepts will be more difficult as you age.
This simply implies that students majoring in economics should be very comfortable with numbers. Due to the extensive education and work experience required for success in the area, incomes tend to be quite expensive.
However, with the right academic help and support from experienced economic tutors, you shouldn't have difficulty studying economics at college or university. On Superprof, you will find competent economics tutors for hire online or as a private coach.
These tutors are versed in specific fields of economics. For example, if you need help with economics theory, you can easily find an economics tutor for hire in Calgary. What if you hardly have time to get extra lessons outside your school's curriculum? Then, online classes may help you. They allow you to take classes conveniently from any location on your schedule.
Where Can I Study Economics in the City of Calgary?
Just like other big cities of Canada, such as Ottawa and Edmonton, Calgary is also home to great universities and internationally recognized schools that offer economics courses. The University of Calgary, for instance, is just one of the renowned institutions situated at the heart of the city that provide good and quality education to students who aim to succeed in the field of economics. To determine whether or not this school is the best option for you, let’s learn more about it and the courses and programs it offers.
University of Calgary
As Canada’s leading next-generation institution, the University of Calgary is a growing, living, and youthful school that embraces opportunity and change with a positive attitude. It is located at the heart of Calgary, which is Canada’s most enterprising city. The university’s Department of Economics offers numerous instructions in the field of economics. In fact, they offer courses under the Bachelor of Arts degree, Master’s Program, and Economics Ph.D. program.
By taking the Bachelor’s degree in Economics in this institution, you’ll learn the logic of people’s choice under scarcity conditions and analyze the social organizations that determine how scarce resources are allocated. Moreover, here are some of the Baccalaureate degrees offered at the University of Calgary:
- Bachelor of Arts in Economics
- Bachelor of Arts in Economics with Co-operative Education
- Bachelor of Arts in Economics - Honours
- Bachelor of Arts in Economics with Co-operative Education- Honours
Furthermore, the University of Calgary’s Master of Arts (MA) course-based program provides students with a strong foundation of empirical and theoretical knowledge. The faculty members of the Department consistently publish work in leading academic journals that showcase expertise in international trade, climate change, energy policy, and many more. The core courses of this program include:
- Microeconomic Theory
- Econometrics
- Macroeconomic Theory
Although the master’s degree in economics is usually considered as a final degree, this program may also be your key card to enroll for a Ph.D. As such, if you want to take up a Ph.D. program in economics at the University of Calgary, you will expect to complete the program in between four to six years, depending on your academic background. Here, you will focus on formal coursework and related milestones.
Check out more courses on economics here on Superprof.
Private Tutoring in Calgary: Is it an Effective Approach?
No matter where you look, the quality of the economics tutoring you receive should be a top priority.
If you're seeking tutoring for a particular subject—say, microeconomics—it's preferable to focus your search on individuals who are experts in that area.
Before choosing a tutor, tell them what you hope to accomplish through your lessons. Your instructor can use this information to tailor future lessons to your specific goals and needs if they can.
Even after you've engaged a tutor, you should keep up an open line of communication with them. Throughout your tutoring sessions, you should feel comfortable providing comments.
Hiring an economics tutor can be exciting since your teacher can make learning the subject fun. And if you're struggling with an especially tricky essay question, your tutor can adjust your schedule to help you.
Therefore, there is no other perfect time to start looking for a private economics tutor online than now.
How to Hire the Best Online Economics Tutor on Superprof
- Expertise
How credible is your prospective economics tutor? Can the tutor teach a complex topic in economics flawlessly? How long have they been offering economics tutoring services in Calgary? Can they effectively share their knowledge of the subject anytime?
- Availability
Since many tutors on Superprof teach on their terms, ensure that both of you agree on lesson span, availability, frequency, and time for each lesson. This will ensure you get value for your money and knowledge from each class.
- Flexibility
Can you conveniently cancel an appointment without annoying anyone? Most Superprof tutors have personal cancellation policies, especially with private coaching. It would help if you found an economics tutor whose less stringent cancellation policy you are comfortable with in the long run.
- Adaptability
Check if the economic tutor can adapt to the student's changes and diverse academic needs throughout each lesson.
- Personality and attitude
Tutoring can be stressful. Therefore, it must be passion-driven. You will understand economics topics faster when your tutor is highly tolerant and patient. A bad attitude from the tutor may impact your study habits and learning speed negatively.
With Superprof, you need not worry about the personality of economics tutors. The tutors are friendly and approachable. They will welcome each question with open arms and ensure you learn in the most convenient way possible.
- Teaching approach
Each student has a preferred learning method. Many economics students hire online tutors to help them understand economics at their convenient time because they can't seem to comprehend what is taught in the class. Therefore, the tutor must use the most effective approach to ensure students learn effectively.
How Can an Economics Tutor Help Me Learn the Subject Online?
If you have a hard time grasping the economics lectures at school, getting academic support from an organization or private tutor can help you big time. With that said, online tutoring lessons are one of the great ways to get additional help in understanding the fundamentals of economics.
As long as you have a good internet connection and appropriate equipment, such as a personal computer or laptop, headset, webcam, and video conference software, you can get access to numerous economics tutors even outside Canada. Besides having a wider range of options in finding the right tutor for you, online tutoring also offers countless economics courses that will help you understand various lessons related to financial decision-making and economic policies. Aside from that, you will also get supplementary lessons that cover macroeconomics, microeconomics, and other interesting areas of this field.
How to Hire the Best Online Economics Tutor on Superprof
One of the great places to look for a knowledgeable and skilled online economics tutor is Superprof. They have more than 12,000 economics tutors online who may provide supplementary lessons in economics via webcam. Students in Calgary may get in touch with economics tutors in neighboring cities, such as Edmonton and Toronto, or even get the services of tutors from other states. Aside from that, you may also search for “economics tutors near me” at Superprof if you also want to have face-to-face interaction with a private tutor in addition to your online lessons.
However, searching for the right tutor who may help you with your needs is not a simple task. There are lots of factors that you need to consider, including:
- Expertise
- Availability
- Flexibility
- Adaptability
- Personality and attitude
- Effectivity
- Teaching style
Private Tutoring in Calgary: Is it an Effective Approach?
Just like in other Canadian cities such as Montréal, private tutoring is also one of the most effective ways to learn the fundamentals of economics in Calgary. It is a great approach to help you master the field that you want to pursue. A private tutor will assist you in understanding the fundamentals of economics and everything related to this subject.
How Can an Economics Tutor Help Me Pass My College Exams?
Many college students see economics as a gateway major to other fields, such as finance, banking, and public policy. College-level economics requires a deeper level of intricacy and complexity. If you've ever Googled "economics tutors near me," you know how challenging it can be to wrap your head around the subject. Your time spent searching for "economics tutoring near me" can be better spent studying with the help of a qualified private instructor from Superprof. Regardless of your current knowledge or comfort level in economics, a tutor from Superprof will help you better understand the subject and absorb the material.
So, instead of worrying over an economics exam fast approaching, relax and allow Superprfo to match you with a tutor that fits your learning goals and needs immediately.
Tips For Hiring the Best Economics Tutor in Calgary
Before looking for the qualities of an economics tutor, you need to know first where you can find them. That said, here are some outlets that you may consider in finding great tutors near you.
Get the Help of Tutoring Agencies
If you look around Calgary, there are plenty of tutoring agencies in the city that aim to help students who are having a hard time coping with economics subjects at school or learners who want to create a name in the field of economics. Since these organizations are most likely to hire experienced tutors who are equipped with the necessary knowledge to teach basic and special areas of economics, getting in touch with them is a good step to start with your search.
Search on the Web
If you are too busy with your studies and can hardly find time to walk around the city to look for a tutoring agency, searching through the web is your best option. You can just sit in front of your desktop, open your browser, then search using relevant keywords such as “economics tutors in Calgary” or “economics tutors near me”. After that, you have to select the best results that answer your queries.
Check Your Local Papers
Another way to look for an individual who can help you study economics is by checking your local newspapers. Some of the economists or great tutors who are experts in economics tutoring often post their qualifications and contact information on one of the pages of Calgary’s local papers.
Ask For Recommendations
Asking for recommendations from other economics students who are receiving private instruction is also an excellent way to find the best tutor near you. If their tutor works well with them, there’s also a possibility that such a tutor will be effective in giving them the academic support to pursue a career in economics.
Conclusively
Not everyone needs an economics tutor. But if you keep struggling with the subject in high school, college or at the university, you need professional help to succeed. Fortunately, you can easily get professional help and academic support at a fraction of what it may cost elsewhere. Sign up for the best economics tutoring on Superprof to get help with a wide range of economics topics, homework help and other aspects of your study.
Did you like this article? Leave a rating!
Loading...
