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Economics is the study of wealth, how it's produced, and how it's consumed. It's an essential part of our everyday lives and there are lots of students choosing to study it in school at GCSE and A-Level or on university degree courses.
As such, there are also many tutors available across the UK to help students.
Let's look at why economics should be one of the subjects you study, what you can learn about economics at school, and how private home tuition can offer the best possible teaching experience.
They say money makes the world go round and it does, in many ways!
Studying economics will not only help students understand how the world works, but it'll also improve their chances of finding work in economics, finance, accounting, domestic and international business, and teaching.
Of course, you can do more than just work in jobs related to economics. You'll also be taught some valuable transferrable skills that you can use outside of school and university and in lines of work that aren't directly related to economics. You'll learn how to better communicate, develop maths and numeracy skills, learn how to solve problems, and improve your time management skills.
In a bustling and innovative city like Edinburgh, these skills are bound to become useful whatever role you wind up in!
The first opportunity students in Edinburgh will have to study economics will probably be at GCSE, at the very earliest. There may be years before this when they're introduced to the subject in school either through maths or independently, but the GCSE will be the first time they have an opportunity to gain qualifications. More likely, though, will be if they choose to study the subject at A-Level or beyond.
With that in mind, let's see some of the topics they'll cover on their GCSE. We've taken the AQA exam as an example and while exam boards may have some minor differences, the overall course and topics should be largely the same.
The course is split into two main sections: how markets work and how the economy works.
For markets, students will learn about economic foundations, resource allocation, how prices are determined, production, costs, revenue, and profit, competitive and concentrated markets, and market failure.
As for the economy, students will get an introduction to the national economy and study government objectives, how the government manages the economy, international trade and the global economy, and the role of money and financial markets.
Once a student finished their GCSE, they can continue their studies with an A-Level in Economics. Don't forget that an A-Level in Maths is often required for economics university courses so you'll want to be studying both subjects.
From there, they can study economics or a specific branch of economics at university. With an economics degree, there are an awful lot of different jobs you can do.
The University of Edinburgh boasts its very own School of Economics and you can therefore study Economics alone or combine Economics and Finance. Edinburgh Napier and Heriot-Watt universities also offer related degrees, with many of these high education establishments also offering masters in the subject.
As we've said before, it is quite rare for subjects like Economics or Finance to be introduced for younger students so a GCSE, A Level or undergraduate course might be your first real taste of learning about Economics (other than as part of another subject like Maths).
If you need help or would like to learn about economics, a private home tutor is an excellent decision. Tutors can provide academic support for subjects that you're studying in school and university or offering tutoring in subjects and skills that you aren't being taught elsewhere.
A school or university student can get private home tuition to help them with their GCSE, A Level, or degree in economics and the tutoring will focus on helping them learn what they've been taught by their teachers to get the best possible exam results.
Professionals and adults can also benefit from home tutoring. Whether you work in business or are looking to move into the world of finance and economics, an experienced tutor can offer a tailored teaching approach so that you can learn new skills or add another bow to your CV.
The important thing about private tuition is that each lesson is planned with the student in mind. Teachers in school and university don't necessarily have the time or resources to best adapt every lesson to every individual student in the class. This means that students who prefer to learn in different ways can fall behind or advanced students may never reach their full potential.
With private tuition from an experienced and qualified tutor, every economics student can enjoy the teaching approach that's right for them.
If you're looking for private economics tutoring in Edinburgh, just search on the Superprof website. There are plenty of experienced and qualified tutors available and you can view their profiles for free.
When looking for private tutors, make sure to check whether they offer the first lesson for free. You can use these free lessons to try out several tutors before deciding which one is right for you or your child.
You'll also need to consider a budget for private lessons so remember that the more experienced a tutor is, the more they'll charge. Similarly, supply and demand will greatly affect the cost of tutors. The more tutors there are available and the lower the demand, the cheaper the tutors tend to be. Of course, you'll learn all about this in your private economic tutorials!
If you can't find any suitable tutors in or around Edinburgh, don't forget that you can also get private tutoring online and a tutor can teach you via webcam. As long as you have a webcam and a decent internet connection, you can learn from tutors all over the world at any time of day!
In Edinburgh, the average rate of economics tuition per hour is £16.
Tutors rates will differ depending on:
97% of our tutors give their first lesson free. Check out the prices of our economics instructors in your area.
39 private economics tutors are available to teach economics tuition in Edinburgh and the surrounding areas.
You can check out their cv and choose the economics tutor that corresponds to your needs.
Choose your private course from our range of more than 39 tutors.
From a sample of 5 recommendations, students gave their economics tutors an average of 5.0 out of 5.
In case of a complication with your course, a customer service manager from the Superprof team will be available to find a solution (by telephone or e-mail from Monday - Friday).
Economics is one of the toughest subjects in school. Many teens struggle with economics throughout the school year, whether at secondary or university level. This is why additional economics support is so highly sought after.
With the help of a private economics tutor many students are able to better grasp the different principals of economics.
Our economics courses with a certified teacher offer you the possibility to master the different economics concepts more efficiently.
You simply just have to choose your teacher and reserve your course from the comfort of your home or take online classes.
A messaging system is in place to allow you to get in touch with your teacher to schedule your economics classes whether you want to learn from the comfort of your home or at an outside location.
Make use of our search engine to find your economics teacher from among 39 economics tutors in Edinburgh.