If you’re studying for a career in the field of economics, or just have a passing interest in knowing more about how the economy works within a society, then you’ll at one time or another have probably considered how to best learn more on the subject.
While you can take advantage of a large number of online videos and resources available, which we’ll dive into, there are also some options for one-on-one economics tuition in Cardiff which will give you great value for money.
Before you embark on a journey to find the best economics teacher or learning method for you though, it’s worth considering the level you’re currently at in your understanding of the subject.
An a level economics tutor, for example, will most likely address topics covered under the broad areas of microeconomics or macroeconomics, such topics include:
- An exploration of the market, and market failures.
- The economy on both a national and global scale.
- Core economic principles and potential problems.
If these are the types of issues you want to go over with a tutor, then an A level tutor will be perfect for the job, however, if you want to go beyond secondary school level economics, you’ll have to look elsewhere.
At university level, there will be a wide variety of economics-based degrees to choose from, so it’s worth spending some time thinking about what would be the best option for you. Taking into consideration what career you’d like to do, which aspects of economy most interest you, and in which area you’d like to specialise.
Here is a list of some of the more popular economics-related degrees that you can take on at the University of Cardiff, and what you can expect to learn in each of them:
- Economics (BSc Econ). This degree takes a broad overview of economics while addressing key social and political challenges which impact the course of a society.
- Economics and Finance (BSc Econ). This course will place emphasis on fiscal measures within society, setting the student up for potential careers in accounting, or business analysis.
- Economics and Management Studies (BSc Econ). With more of a focus on big business, and how organisations thrive within challenging economies, this degree is good for a career in a management position.
However, if you’re seeking a slightly more non-conventional path, you could also opt for a degree in economics with a European language for example, and set yourself up for an international career.
You could also decide to steer away from the purely financial side of economics, and instead focus on the political science and how this affects society, or history, which can deal with how societies and economies have developed or failed over time.
At the end of the day, economics is more than just the economy, so take the time to make sure you’re following your specific interests in the field.
Once you do have a clearer idea in your mind of the exact aspect of economics you’re interested in, you will be able to make a more informed decision on the type of tuition you’ll want going forward.
The Economics tutoring options
Finding an economics tutor isn’t as easy as finding a language tutor. Due to the specificity of the subject area, and the array of specialisations, there isn't a high number of people working as economics tutors in Cardiff.
According to firstutors, who offer private tuition in economics in Cardiff at all levels, there is just a single tutor available with a wealth of experience in the field of business.
Tutorhunt offers a few more options, with 19 economics tutors in the city of Cardiff, with varying levels of experience. Through this website you can find everything from GCSE level economics tuition, to A-level, and beyond.
At Superprof, you can use the economics tutor near me function on the website to find a tutor in your area. Alternatively, you can select from one of SuperProf’s 3 verified economics tutors in the Cardiff area, offering an average price of £15 per hour.
You’ll be able to choose from 2 current University of Cardiff students majoring in Economics, focussing on GCSE level and A- level tuition, or tailored tuition to suit your needs from a qualified tutor.
What’s more, with 2 of the economics tutors on Superprof, you’ll get the first hour absolutely free!
These tutors can come to you, or teach you online via webcam, so you can choose the option that’s most convenient for you.
If you’re looking for something broader, perhaps an education in the relevant fields of maths or statistics, you might be better served by seeking out a private tutor on SuperProf who can help you prepare for an exam, and everything else along the way!
Seek Out Online Tutoring
More and more these days people are turning to online resources when it comes to learning new skills and subjects. In addition to universities, there also exist a wealth of opportunities to receive a decent education from the comfort of your own home!
Some even believe that it’s possible to get a full university level education, without ever having stepped foot inside one!
In his popular book, Ultralearning, Scott Young proposes an alternate solution to going to university for your education. He suggests that it’s possible to utilise free university courses available online to achieve similar goals.
Free Online University Courses
A viable option, especially with the recent rise in working remotely, studying an online university course can be an incredibly affordable, and effective way to further your knowledge of economics.
All that’s required for this method is the money to buy the course textbooks, and a little bit of research to find a free online university course that covers the areas of economics you’re most interested in.
Through MIT for example, one America’s most prestigious universities, you can find a whole host of free online courses focussing on myriad elements of economics. From the financial crisis, to microeconomic theory, economics and psychology, the MIT online economics courses offer a staggering amount of value!
You’ll not only be able to work through the material at your own pace, and decide whether to continue or not, but you’ll also have access to assignments and exams with solutions online too! A real gold mine for studying economics, studying through Open Course Ware is a worthwhile option to consider.
This method is ideal if you’re just looking to scratch the surface of economics too. Perhaps you just have a passing interest in the subject, but you don’t fancy splashing out on a degree, in which case this is one of your better options.
Of course, the drawback here is unlike with your own private economic tutor, you are going to have to be completely autonomous in your learning and exercise a lot of self-discipline to stay on course and benefit from the material.
Accredited Online Courses in Economics and Related Subjects
If you feel like you’ll need some guidance with your studies, and aren’t 100% self-motivated to follow a course by yourself, then you should consider finding an economics course through Coursera, edX or Udacity.
These online course websites will give you the tools you need to succeed in an economics-based field. With accredited courses that will provide you with some legitimacy if you decide to pursue employment in a related field, this is a solid option for further economics education.
The best part about the courses on these websites is that they will offer more assistance, a support community, and a variety of forms of assessment so you can accurately track your learning progress.
However, you might find that these websites offer slightly less choice in what you can study, so for a more thorough economics education in your preferred area, a tutor might be a better option.
Make the Most of your University Education
If you’re an aspiring, or current, postgraduate student of economics at the University of Cardiff, you’ll have access to the facilities at their Business School.
This includes the Trading room, which is the largest trading floor of its kind in Wales. What you’ll be able to do here is get stuck in using practical skills relevant to the stock exchange.
There is also a Finance Lab Professional platform which will give you the tools you need to further your education of trading and risk management.
These facilities are on hand to help you make the most out of your economics degree, and put into practise the skills you have been learning in your lectures.
Whatever you decide to do, whichever route you decide to take, we wish you the best of luck with your studies in this fascinating subject.
With everything going on in the world today, it’s more important than ever to stay on top of recent economic developments, globalisation, and how you personally can make a difference.
So get out there and brush up on your economics to give yourself a great shot at employment in the long run.
Don’t forget we have qualified tutors on hand to help you with tuition, and give you the best chances of success!