If you are looking for a tutor to improve your level in economics but also have a budget, there are a few things you can do to find what you need. There is also some information you need to know in order to understand why and how the tuition prices vary.
Economics plays an important role in our life and being educated on the subject can only be beneficial. No matter if it is for an entrance exam, improving your A-Level grades, or keep on learning about this fascinating subject for your everyday life, having a tutor that adapts to your needs is possible!
Define your needs and goals
Setting your needs and goals will help you find the teacher that best adapts to your level and how you need to improve it.
The price for your tuition will be influenced by your level, your needs, your location, and the teacher's qualification and experience.
Different economics levels: which one do you require?
Plan ahead and be ready to search for the right tutor for your needs. Knowing your economic levels and the curriculum you want to study will help you narrow down your search and find what fits best with your current study goals. This is important because a good tutor can do so much for you, it can improve your focus as a learner and boost your grades by teaching you useful study skills and the most important concepts of economics.
Beginner
If you are just starting at economics, it might be easier to find a tutor that has a good level to introduce you to the world of economics. If you have been self-teaching economics but despite your efforts, you require more guidance and structure, having a tutor can be life-changing.
A-Level subject exam and economics exams tutor
The A-Level subjects or other economic exams are very specific, therefore finding a tutor that has sufficient qualifications, certificates, and experience to teach this level is essential. Most tutors must have an A-level qualification themselves to teach this level. However, the vast majority of tutors will have an undergraduate degree in economics or even a postgraduate degree to teach this intermediate level of economics. The more qualifications and experience they gather, the higher will be their tuition.
Advanced
If you are preparing a postgraduate or doctor's application yourself in economics and need to have a flawless knowledge of economics, a tutor might be what you need to achieve the best of yourself.
Advanced level of economics requires your tutor to have the best qualifications possible but also a significant level of experience to be able to provide you with the best tips, tools and achieve a solid knowledge of economics.
If this is the level you need, you will need to be precise about the subjects and themes you want to work on during your economics lesson. This is in order to allow your tutor to help you as much as possible with your application or an entrance exam.
How to search and find your tutor
Finding a good tutor can be challenging, even more, if you are on a budget. Regardless of all the tutors that exist out there, you will need enough discipline to find the tutor that fits your budget. With this in mind, here are a few extra tips that can help you find your sought-after tutor without spending all your savings.
- Set a budget: if you know how much money you have to spend on your studies, this will help you align your budget with your goals realistically.
- Get ready before your tutoring: if you are just getting started, you might want to study a little on your own first to know exactly what you are getting into. Also, being able to tell your tutor what you want to achieve and study during your tuition. Here you will find some tips to know how to study economics by yourself to start.
- Think about how much tutoring you will need: once you know which concepts of the economics you need to learn, it will be easier to set a curriculum and study plan for yourself and for your tutor. The tutor will assist you in your study plan as well and will help you design your study plan to set goals that are achievable within your lessons.
Once you have a better idea about what you require and what is your budget, the next thing is to see why pricing varies from tutor to tutor.
Pricing
Currently, in Ireland, around 30 economics tutors are available to teach you economics at different levels and locations. The prices start at €6 per hour but can go up to €50 per hour for a very qualified and experienced teacher. The current average price for an economic lesson is €26.
Like everything else, pricing will change from one tutor to another. The prices are influenced by several factors, here we will take the most relevant to take into account to understand the pricing of a tutor and be able to compare all the options you will find.
Qualifications
Depending on your level or to which aim you want to study economics, qualifications might play an important role to choose your tutor. The more advanced is your level, the more you will need a teacher that has more qualifications and preparation than you to be able to give you a satisfactory lesson.
As a consequence, the pricing of the lesson will be influenced by the number of qualifications and certifications. This means that the more qualifications a tutor has, the more likely the prices will increase.
Experience
Experience is another significant factor that you must take into account when looking for your tutor and seeing all the different prices. If you are wondering why they differ so much, this is because experience is equally influential than your tutor's certifications.
Some tutors have years of experience in different areas beyond teaching, and this adds a lot to their portfolios. The more experience tutors have, the more likely they are to be able to adapt to your study goals and learning needs. This is because the years of experience have allowed them to gain knowledge of different methodologies and pedagogy to teach a diversity of students.
The following table is just an approximate example of the prices you can expect to find for a tutor with no experience and a teacher with years of experience.
Remember that qualifications also play a role and make prices vary!
| Economics Tutor Experience Level | Illustrative Price Per Hour |
|---|---|
| Novice | €10 to €17 |
| Intermediate | €18 to €25 |
| Expert | €30 and more |
Location
Even if our world happens mostly through our screens since the pandemic, people still live in different cities and environments, some more costly than others.
For tutors to be able to afford to live in a certain city, they have to calculate their living expenses and incorporate them into their prices. Don't be surprised if tutors with a similar profile might have different prices, this might be related to the city they are based.
Get the most out of your economics class
Tuition can provide you with more than just the study of economics, here are some other benefits of economics tuition:
- give you the motivation you need to work on your grades;
- help you prepare for universities interviews ;
- help focus and perfect your exam technique; and
- provide you with study tips that leave you satisfied.
We strongly recommend making the most out of your tuition lessons!
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