Showing posts with label intro to econs tuition. Show all posts
Showing posts with label intro to econs tuition. Show all posts

Wednesday, November 28, 2018

UOL Introduction to Economics Tuition in Singapore




SMS 9758 7925 (SMS/ Whatsapp) or email enquiry@starcresto.com for UOL Introduction to Economics Tuition.


Background
We devised our own teaching methodology specially for UOL Introduction to Economics students. The notes, along with the guided help from our tuition have helped many passed with flying colours.

With a total of 12 years experience in teaching and tutoring, the tutor trainer has trained a group of tutors who coach students and working adults. Only tutors who have review score of more than 4 out of 5 are retained to ensure quality of starCresto Tutors. We currently have ex NIE trained teachers, ex lecturers and many other qualified economics professionals under our wings.

We offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate our teaching methodology.


Teaching Methodology
1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practicing variety of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness

Do contact us at  9758 7925 (SMS/ Whatsapp) or email enquiry@starcresto.com for tuition.


Student's Profile
> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP


Tutors’ Trainer’s Profile

> Name -- Valerie Chai Hui Yee
> O Level -- 8 Distinctions for O'Level
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar
> Degree -- Nanyang Business School: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar
> Post Graduate -- Completed Certified Financial Analyst
> Experience -- 12 years as tutor, 5 years as Corporate Trainer
> Status -- Full time tutor / trainer


UOL Modules that are taught by Us:

1. UOL Introduction to Economics

2. UOL Macro Economics

3. UOL Micro Economics

4. UOL Elements of Econometrics

5. UOL Managerial Economics

6. UOL Principles of Banking & Finance

7. UOL Corporate Finance

8. UOL Financial Management

9. UOL Value Security Analysis

10. UOL Investment Management

11. UOL Principles of Accounts

12. UOL Audit

13. UOL Management Accounting

14. UOL Statistics 1

15. UOL Statistics 2

16. UOL Maths 1

17. UOL Maths 2


For more information, you can visit
1. UOL Tuition: www.uoltuition.com
2. About Us: www.starcresto.com or http://tertiarytuition.com

Wednesday, July 8, 2015

UOL Introduction to Economics in Singapore - Struggling with your UOL Economics? SMS 9758-7925 for UOL Introduction to Economics Tutors

Struggling with Economics? UOL Tuition is here to lend a helping hand, from the basics to the more advanced nuances of Micro and Macro Economics. Simply SMS Val @ 9758-7925 or email enquiry@starcresto.com for UOL Introduction to EconomicsUOL Macro EconomicsUOL Micro EconomicsUOL Elements of Econometrics and UOL Managerial Economics

Background
Led by an experienced tutor trainer who graduated with first class honors and a gold medal, UOL Tuition has devised a unique teaching methodology to help all UOL students. The notes, along with the guided help from our tutors, have helped many pass with flying colours.

With a total of 12 years experience in teaching and tutoring, the tutor trainer has trained a group of tutors who now coach students and working adults all over Singapore. Only tutors who have scored 4 out of 5 stars or more are retained to ensure quality of starCresto Tutors. We currently have ex NIE trained teachers, ex lecturers and many other qualified professionals under our wing.

We offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate our teaching methodology.

Teaching Methodology: 

1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practicing variety of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness
Do contact me at 9758-7925 or email 
enquiry@starcresto.com for tuition. 

Student's Profile:

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP

Tutors’ Trainer’s Profile
> Name -- Valerie Chai Hui Yee
> O Level -- 8 Distinctions for O'Level
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar
> Degree -- Nanyang Business School: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar
> Post Graduate -- Completed Certified Financial Analyst
> Experience -- 12 years as tutor, 5 years as Corporate Trainer
> Status -- Full time tutor / trainer


UOL Modules that are taught by Us:

1. UOL Introduction to Economics
2. UOL Macro Economics
3. UOL Micro Economics
4. UOL Elements of Econometrics
5. UOL Managerial Economics


6. UOL Principles of Banking & Finance
7. UOL Corporate Finance
8. UOL Financial Management
9. UOL Value Security Analysis
10. UOL Investment Management


11. UOL Principles of Accounts
12. UOL Audit
13. UOL Management Accounting


14. UOL Statistics 1
15. UOL Statistics 2
16. UOL Maths 1
17. UOL Maths 2

For more information, you can visit 

1. UOL Tuition: www.uoltuition.com

2. About Us: www.starcresto.com

Thursday, March 19, 2015

UOL introduction to Economics 2015, UOL intro to econs tuition, UOL economics tutor


SMS 9758-7925 or email enquiry@starcresto.com for UOL intro to econs tuition. 

Background
LSE (UOL) Introduction to Economics has a very high failure rate due to complexity of the module. Many faced problems trying to grasp the concept of the graphs and calculations. As such, we used our own teaching materials for Introduction to Economics module for UOL students. The notes, along with the guided help from my tuition have helped many passed with flying colours.

With a total of 11 years experience in teaching and tutoring, the tutor trainer has trained a group of tutors who coach students and working adults. Only tutors who have review score of more than 4 out of 5 are retained to ensure quality of starCresto Tutors. We currently have ex NIE trained teachers, ex lecturers and many other qualified finance professionals under our wings.


We offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate our teaching methodology.


Teaching Methodology: 

1. Understanding concepts and application of concept to questions 
2. Developing graphing skills 
3. Identifying exam trends and skills (Questions spotting) 
4. Practicing variety of questions to prepare you for your exam 
5. Simplifying difficult concepts 
6. Identifying and improving your weakness 
Do contact me at 9758-7925 or email tutor@tertiarytuition.com for tuition. 


Tutor's Trainer's Profile: 
> Name -- Valerie Chai Hui Yee 
> O Level -- 8 Distinctions for O'Level 
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar 
> Degree -- Nanyang Business School: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar 
> Post Graduate -- Completed Certified Financial Analyst 
> Experience -- 11 years of tutoring, Corporate Trainer 
> Status -- Full time tutor 



UOL Modules that are taught by Us:

1. UOL Introduction to Economics
2. UOL Macro Economics
3. UOL Micro Economics
4. UOL Elements of Econometrics
5. UOL Managerial Economics


6. UOL Principles of Banking & Finance
7. UOL Corporate Finance
8. UOL Financial Management
9. UOL Value Security Analysis
10. UOL Investment Management


11. UOL Principles of Accounts
12. UOL Audit
13. UOL Management Accounting


14. UOL Statistics 1
15. UOL Statistics 2
16. UOL Maths 1
17. UOL Maths 2


For more information, you can visit 

1. UOL Tuition: www.uoltuition.com2. About Us: www.starcresto.com


Monday, September 22, 2014

UOL Intro to Econs Tuition in Singapore - $50 per hour for group tuition. Sign up at http://www.uoltuition.com/sign-up-for-intro-to-econs.html




UOL INTRODUCTION TO ECONOMICS exam focused syllabus tuition focuses on the concepts and techniques as well as practices that are more relevant for the exam. 

UOL INTRO to econs Group tuition, minimum 10 to start. Each student will only need to pay $50 per hour and each lesson is 2 hours each. Details are as follow (Details will be finalised once 10 students sign up): 

Duration: 2 hours
Frequency: Once a week (Saturday or Sunday)
Price: $50 per hour
Location: Dhoby Ghaut
Speculated Start date: End Oct

To join us in our group lesson, simply sign up at 
1. http://www.uoltuition.com/sign-up.html or 
2. SMS 9758-7925 if you have enquiries. 

Get your friends to join together as well, learning is always great when peer is able to help each other in class. 

Background
LSE (UOL) Introduction to Economics has a very high failure rate due to complexity of the module. Many faced problems trying to grasp the concept of the graphs and calculations. As such, we used my own teaching materials for Introduction to Economics module for UOL students. The notes, along with the guided help from our tuition have helped many passed with flying colours.


We have 11 years of teaching experience and we provide extra exercises, detailed explanations and tutorials. 


Teaching Methodology: 

1. Understanding concepts and application of concept to questions 
2. Developing graphing skills 
3. Identifying exam trends and skills (Questions spotting) 
4. Practicing variety of questions to prepare you for your exam 
5. Simplifying difficult concepts 
6. Identifying and improving your weakness 
Do SMS us at 9758-7925 or email enquiry@starcresto.com for tuition. 


Tutor's Trainer's Profile: 
> Name -- Valerie Chai Hui Yee 
> O Level -- 8 Distinctions for O'Level 
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar 
> Degree -- Nanyang Business School: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar 
> Post Graduate -- Certified Financial Analyst: CFA L1 
> Experience -- 11 years of tutoring, Corporate Trainer 
> Status -- Full time tutor 



Other UOL Modules that are taught by Us:

1. Introduction to Economics
2. Principles of Banking & Finance
3. Corporate Finance
4. Financial Management
5. Principles of Accounts
6. Statistics 1
7. Statistics 2
8. Maths 1
9. Maths 2
10. Elements of Econometrics

11. Value Security Analysis
12. Investment Management
13. Audit 
14. Macroeconomics

For more information, you can visit 
www.uoltuition.com 

Tuesday, July 29, 2014

UOL Economics or Econometrics Tuition in Singapore. Visit www.uoltuition.com for more information!



Having problems with understanding Hicksian or Slutsky, budget surplus or deficit etc? SMS Val @ 9758-7925 or email enquiry@starcresto.com for tuition. 

Background
LSE (UOL) Introduction to Economics has a very high failure rate due to complexity of the module. Many faced problems trying to grasp the concept of the graphs and calculations. As such, I used my own teaching materials for Introduction to Economics module for UOL students. The notes, along with the guided help from my tuition have helped many passed with flying colours.


I have 10 years of teaching experience and has specialized in UOL economics tuition for the past 3 years. I provide extra exercises, detailed explanations and tutorials for my students. 


I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology. 


Teaching Methodology: 


1. Understanding concepts and application of concept to questions 
2. Developing graphing skills 
3. Identifying exam trends and skills (Questions spotting) 
4. Practicing variety of questions to prepare you for your exam 
5. Simplifying difficult concepts 
6. Identifying and improving your weakness 
Do contact me at 9758-7925 or email tutor@tertiarytuition.com for tuition. 


Student's Profile: 

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP


Tutor's Profile: 
> Name -- Valerie Chai Hui Yee 
> O Level -- 8 Distinctions for O'Level 
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar 
> Degree -- Nanyang Business School: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar 
> Post Graduate -- Certified Financial Analyst: CFA L1 
> Experience -- 10 years of tutoring, Corporate Trainer 
> Status -- Full time tutor 


For more information, you can visit www.tertiarytuition.com or www.tuition.starcresto.com


Wednesday, July 23, 2014

UOL Introduction to Economics Tutor in Singapore


Having problems with understanding Hicksian or Slutsky, budget surplus or deficit etc? SMS Val @ 9758-7925 or email enquiry@starcresto.com for tuition. 

Background
LSE (UOL) Introduction to Economics has a very high failure rate due to complexity of the module. Many faced problems trying to grasp the concept of the graphs and calculations. As such, I used my own teaching materials for Introduction to Economics module for UOL students. The notes, along with the guided help from my tuition have helped many passed with flying colours.


I have 10 years of teaching experience and has specialized in UOL economics tuition for the past 3 years. I provide extra exercises, detailed explanations and tutorials for my students. 


I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology. 


Teaching Methodology: 


1. Understanding concepts and application of concept to questions 
2. Developing graphing skills 
3. Identifying exam trends and skills (Questions spotting) 
4. Practicing variety of questions to prepare you for your exam 
5. Simplifying difficult concepts 
6. Identifying and improving your weakness 
Do contact me at 9758-7925 or email tutor@tertiarytuition.com for tuition. 


Student's Profile: 

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP


Tutor's Profile: 
> Name -- Valerie Chai Hui Yee 
> O Level -- 8 Distinctions for O'Level 
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar 
> Degree -- Nanyang Business School: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar 
> Post Graduate -- Certified Financial Analyst: CFA L1 
> Experience -- 10 years of tutoring, Corporate Trainer 
> Status -- Full time tutor 


For more information, you can visit www.tertiarytuition.com or www.tuition.starcresto.com


Friday, July 11, 2014

Introduction to Economics Tuition for LSE UOL Students by starCresto Tutors. SMS 9758-7925 for enquiry


Having problems with understanding Hicksian or Slutsky, budget surplus or deficit etc? SMS Val @ 9758-7925 or email enquiry@starcresto.com for tuition. 

Background
LSE (UOL) Introduction to Economics has a very high failure rate due to complexity of the module. Many faced problems trying to grasp the concept of the graphs and calculations. As such, I used my own teaching materials for Introduction to Economics module for UOL students. The notes, along with the guided help from my tuition have helped many passed with flying colours.


I have 10 years of teaching experience and has specialized in UOL economics tuition for the past 3 years. I provide extra exercises, detailed explanations and tutorials for my students. 


I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology. 


Teaching Methodology: 


1. Understanding concepts and application of concept to questions 
2. Developing graphing skills 
3. Identifying exam trends and skills (Questions spotting) 
4. Practicing variety of questions to prepare you for your exam 
5. Simplifying difficult concepts 
6. Identifying and improving your weakness 
Do contact me at 9758-7925 or email tutor@tertiarytuition.com for tuition. 


Student's Profile: 

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP


Tutor's Profile: 
> Name -- Valerie Chai Hui Yee 
> O Level -- 8 Distinctions for O'Level 
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar 
> Degree -- Nanyang Business School: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar 
> Post Graduate -- Certified Financial Analyst: CFA L1 
> Experience -- 10 years of tutoring, Corporate Trainer 
> Status -- Full time tutor 


For more information, you can visit www.tertiarytuition.com or www.tuition.starcresto.com


Wednesday, July 9, 2014

UOL Intro to Econs Tuition in Singapore by First Class Honours Graduate Econs Tutors




Need help for your Intro to Econs in UOL, SMS Val @ 9758-7925 for tuition.

Background
I have been teaching Intro to Econs full time for 10 years and have grasped what is important for the exam. I have successfully spotted questions that will come out over the past years. I have also participated in marking prelim papers and thus knows the marking scheme well enough to recommend you what to write in order to score. 

Many students had benefitted from my teaching and had referred their friends to me. UOL modules are not easy. If you need help, do SMS me at 9758-7925 for tuition.

I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology.


Teaching Methodology:


1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practising varierty of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness

Do contact me at 9758-7925 or email val@starcresto.com or tutor@tertiarytuition.com for tuition.

Student's Profile:

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP

Tutor's Profile:

> Name -- Valerie Chai Hui Yee 
> O Level -- 8 Distinctions for O'Level 
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar 
> Degree -- Nanyang Business School NTU: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar 
> Post Graduate -- Certified Financial Analyst: CFA L1 
> Experience -- 10 years tutoring, 3 years Tutor Training (Training up other tutors to teach) 
> Status -- Full time 

UOL Modules that are taught by Us:

1. Introduction to Economics
2. Principles of Banking & Finance
3. Corporate Finance
4. Financial Management
5. Principles of Accounts
6. Statistics 1
7. Statistics 2
8. Maths 1
9. Maths 2
10. Elements of Econometrics

To know more about UOL tuition, visit www.uoltuition.com


For more information, you can visit visit www.tertiarytuition.com or www.tuition.starcresto.com

Monday, June 9, 2014

UOL introduction to economics bridging exam tuition in Singapore. SMS 9758-7925 for lessons :)



Are you struggling with your Intro to Econs bridging course in UOL, SMS Val @ 9758-7925 for tuition.

Background
I have been teaching Intro to Econs full time for 10 years and have grasped what is important for the exam. I have successfully spotted questions that will come out over the past years. I have also participated in marking prelim papers and thus knows the marking scheme well enough to recommend you what to write in order to score. I have trained up tutors who graduated from UOL with good honours over the years to become starCresto tutors.

Many students had benefited

from my teaching and had referred their friends to me. UOL modules are not easy. If you need help, do SMS me at 9758-7925 for tuition.

I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology.


Teaching Methodology:


1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practising varierty of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness

Do contact me at 9758-7925 or email val@starcresto.com or tutor@tertiarytuition.com for tuition.

Student's Profile:

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP

Tutor's Profile:
> Name -- Valerie Chai Hui Yee 
> O Level -- 8 Distinctions for O'Level 
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar 
> Degree -- Nanyang Business School NTU: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar 
> Post Graduate -- Certified Financial Analyst: CFA L1 
> Experience -- 10 years tutoring, 3 years Tutor Training (Training up other tutors to teach) 
> Status -- Full time 

UOL Modules that are taught by Us:

1. Introduction to Economics
2. Principles of Banking & Finance
3. Corporate Finance
4. Financial Management
5. Principles of Accounts
6. Statistics 1
7. Statistics 2
8. Maths 1
9. Maths 2
10. Elements of Econometrics

To know more about UOL tuition, visit www.uoltuition.com


For more information, you can visit visit www.tertiarytuition.com or www.tuition.starcresto.com

Saturday, April 19, 2014

UOL Introduction to Economics Tuition in Singapore




It is less than 1 month away from your exam! If you are still struggling with your Intro to Econs in UOL, SMS Val @ 9758-7925 for tuition.

Background
I have been teaching Intro to Econs full time for 10 years and have grasped what is important for the exam. I have successfully spotted questions that will come out over the past years. I have also participated in marking prelim papers and thus knows the marking scheme well enough to recommend you what to write in order to score. 

Many students had benefitted from my teaching and had referred their friends to me. UOL modules are not easy. If you need help, do SMS me at 9758-7925 for tuition.

I offer both one-to-one and group tuition. For group tuition, the optimal number of students per class is between 4 to 6. Please form your own group because this will facilitate my teaching methodology.


Teaching Methodology:


1. Understanding concepts and application of concept to questions
2. Developing graphing skills
3. Identifying exam trends and skills (Questions spotting)
4. Practising varierty of questions to prepare you for your exam
5. Simplifying difficult concepts
6. Identifying and improving your weakness

Do contact me at 9758-7925 or email val@starcresto.com or tutor@tertiarytuition.com for tuition.

Student's Profile:

> Tertiary Student --
**Poly / JC (NYP, RP, SP, TP, NP, MDIS, Informatics, SIM, SAS, ACSI)
**University (NTU, NUS, SMU, Imperial College, London School of Economics, University of Durham, Uni SIM, UOL, RMIT, SAS, MDIS, University of Southern Australia, James Cook University, University of Newcastle, London School of Economics, Manchester Business School, University of Nottingham, Melbourne Business School)
**Master (Insead, Singapore Management University, NTU, UCLA, UC Berkeley, Manchester, Uni of Southern Australia, Uni of Buffalo, Uni of Adelaide, NUS, University of State of New York)
> Working Adults -- Managers, Deputy Directors, Managing Directors, Doctors, Divisional Directors, Auditors, Analyst, Credit Advisor, AVP

Tutor's Profile:
> Name -- Valerie Chai Hui Yee 
> O Level -- 8 Distinctions for O'Level 
> Diploma -- Singapore Polytechnic: Merit Diploma, Honours Roll, SIM Award, Singapore Polytechnic and School of Business Scholar 
> Degree -- Nanyang Business School NTU: First Class Honours, Dean List, C.H. Wee Gold Medal, Sumitomo Banking Corporation Scholar 
> Post Graduate -- Certified Financial Analyst: CFA L1 
> Experience -- 10 years tutoring, 3 years Tutor Training (Training up other tutors to teach) 
> Status -- Full time 

UOL Modules that are taught by Us:

1. Introduction to Economics
2. Principles of Banking & Finance
3. Corporate Finance
4. Financial Management
5. Principles of Accounts
6. Statistics 1
7. Statistics 2
8. Maths 1
9. Maths 2
10. Elements of Econometrics

To know more about UOL tuition, visit www.uoltuition.com


For more information, you can visit visit www.tertiarytuition.com or www.tuition.starcresto.com

Sunday, April 6, 2014

UOL Introduction To Economics Tuition in Singapore - Last Minute Dash For Your Exam - SMS 97587925 for Tuition



Having problems with understanding Hicksian or Slutsky, budget surplus or deficit etc? SMS Val @ 
9758-7925 for tuition. 

Background
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Thursday, March 13, 2014

MArket Demand Curve, Average Revenue, Marginal Revenue For Perfect Competition - Need help? SMS +65 97587925 for tuition

PERFECT COMPETITION, DEMAND Curve:
The demand curve for the output produced by a perfectly competitive firm is perfectly elastic at the going market price. The firm can sell all of the output that it wants at this price because it is a relatively small part of the market. As a price taker, the firm has no ability to charge a higher price and no reason to charge a lower one. The market price facing a perfectly competitive firm is also average revenue and, most important, marginal revenue.
A perfectly competitive industry is comprised of a large number of relatively small firms that sell identical products. Each perfectly competitive firm is so small relative to the size of the market that it has no market control, it has no ability to control the price. In other words, it can sell any quantity of output it wants at the going market price. This translates into a horizontal or perfectly elastic demand curve. It also translates in an equality between price, average revenue, and marginal revenue.

Perfectly Elastic Demand

Demand Curve, Perfect Competition
MarketPerfect Competition Demand
This exhibit illustrates the demand curve for the output produced by a perfectly competitive firm The left side of the graph illustrates the overall market, in particular, the supply offer by millions of suppliers and the demand of millions of buyers. The equilibrium price achieved in the market is $2.50 and the equilibrium quantity is 100 million.
The right side of this graph illustrates the demand for individual firm. Note that even though both sides of this exhibit look to be about the same size, the quantity axes have different measurement units. 
The key for producer is that he can produce any quantity of zucchinis that he wants at $2.50, the going market price. Given millions of buyers, someone is willing and able to buy 5 to 10 products from producer at $2.50 each. That makes the horizontal line emerging from the $2.50 price, the demand curve for individual seller.

Marginal and Average Revenue

This demand curve is also the average revenue curve and the marginal revenue curve facing individual seller. Average revenue is the per unit revenue received for selling the product. If individual seller sells 10 products for $2.50 each, his total revenue is $25. His per revenue for these 10 products is then $2.50, which is also the price.

Marginal revenue is the extra revenue received for selling one more product. In individual seller's case, each additional product sold generates exactly $2.50 of extra revenue. individual seller's marginal revenue is also $2.50 for every product sold.


This point might seem so incredibly obvious that there is really no reason to even mention it. However, a number of industries that do NOT meet the ideal characteristics of perfect competition (which is most firms populating the real world economy), do not have perfectly elastic demand curves and their marginal revenue is not equal to average revenue or price. A perfectly elastic demand curve and the equality of price, average revenue, and marginal revenue is what makes perfect competition important to study as a benchmark against which real world market structures can be compared.


Adapted from Perfect Competition, AmosWEB

Wednesday, March 12, 2014

Perfect Competition Long Question in UOL Introduction to Economics Supplement Read up Part 1 - Need help? SMS +65 97587925 for tuition

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What is Perfect Competition:

An ideal market structure characterized by a large number of small firms, identical products sold by all firms, freedom of entry into and exit out of the industry, and perfect knowledge of prices and technology. This is one of four basic market structures. The other three are monopoly, oligopoly, and monopolistic competition. Perfect competition is an idealized market structure that is not observed in the real world. While unrealistic, it does provide an excellent benchmark that can be used to analyze real world market structures. In particular, perfect competition efficiently allocates resources.
Perfect competition a market structure characterized by a large number of firms so small relative to the overall size of the market, such that no single firm can affect the market price or quantity exchanged. Perfectly competitive firms are price takers. They set a production level based on the price determined in the market. If the market price changes, then the firm re-evaluates its production decision. This means that the short-run marginal cost curve of the firm is its short-run supply curve.


Characteristics

The four characteristics of perfect competition are: (1) large number of small firms, (2) identical products, (3) perfect resource mobility, and (4) perfect knowledge.
  • Large Number of Small Firms: A perfectly competitive industry contains a large number of small firms, each of which is relatively small compared to the overall size of the market. This ensures that no single firm can exert market control over price or quantity. If one firm decides to double its output or stop producing entirely, the market is unaffected. The price does not change and there is not discernible change in the quantity exchanged in the market.

  • Identical Products: Each firm in a perfectly competitive market sells an identical product, what is often termed "homogeneous goods." The essential feature of this characteristic is not so much that the goods themselves are exactly, perfectly the same, but that buyers are unable to discern any difference. In particular, buyers cannot tell which firm produces a given product. There are no brand names or distinguishing features that differentiate products.

  • Perfect Resource Mobility: Perfectly competitive firms are free to enter and exit an industry. They are not restricted by government rules and regulations, start-up cost, or other barriers to entry. While some firms incur high start-up cost or need government permits to enter an industry, this is not the case for perfectly competitive firms. Likewise, a perfectly competitive firm is not prevented from leaving an industry as is the case for government-regulated public utilities.

  • Perfect Knowledge: In perfect competition, buyers are completely aware of sellers' prices, such that one firm cannot sell its good at a higher price than other firms. Each seller also has complete information about the prices charged by other sellers so they do not inadvertently charge less than the going market price. Perfect knowledge also extends to technology. All perfectly competitive firms have access to the same production techniques. No firm can produce its good faster, better, or cheaper because of special knowledge of information.

Demand and Revenue

Demand Curve,
Perfect Competition
Perfect Competition Demand
The four characteristics of perfect competition mean a perfectly competitive firm faces a horizontal or perfectly elastic demand curve, such as the one displayed in the exhibit to the right.
Each firm in a perfectly competitive market is a price taker and can sell all of the output that it wants at the going market price, in this case $2.50. A firm is able to do this because it is a relatively small part of the market and its output is identical to that of every other firm. As a price taker, the firm has no ability to charge a higher price and no reason to charge a lower one.
Because it can sell all of the output it wants at the going market price, it has no reason to charge less. If it tries to charge more than the going market price, then buyers can simply buy output from any of the large number of perfect substitutes produced by other firms.
Because the price facing a perfectly competitive firm is unrelated to the quantity of output produced and sold, this price is also equal to the marginal revenue and average revenue generated by the firm. If a firm is able to sell any quantity of output for $2.50 each, then the average revenue, revenue per unit sold, is also $2.50. Moreover, each additional unit of output sold, marginal revenue, generates an extra $2.50.


Short-Run Production

Short-Run Production,
Perfect Competition
Short-Run Production
The analysis of short-run production by a perfectly competitive firm provides insight into market supply. The key assumption is that a perfectly competitive firm, like any other firm, is motivate by profit maximization. The firm chooses to produce the quantity of output that generates highest possible level of profit, based on price, market demand, cost conditions, production technology, etc.
The short-run production decision for perfect competition can be illustrated using the exhibit to the right. The top panel indicates the two sides of the profit decision--revenue and cost. The straight green line is total revenue. Because price is constant, the total revenue curve is a straight line. The curved red line is total cost. The shape of the total cost curve is based on increasing then decreasing marginal returns. The difference between total revenue and total cost is profit, which is illustrated by the lower panel as the brown line.
A firm maximizes profit by selecting the quantity of output that generates the greatest gap between the total revenue line and the total cost line in the upper panel, or at the peak of the profit curve in the lower panel. In this example, the profit maximizing output quantity is 7. Any other level of production generates less profit.


Supply and Marginal Cost

A key implication obtained from the short-run analysis of perfection competition is positive relation between price and the quantity of output supplied. In particular, the supply curve for a perfectly competitive firm is positively sloped.
This relation is generated for two reasons:
  • First, a perfectly competitive firm produces the quantity of output that equates price and marginal cost.

  • Second, the marginal cost curve, guided by the law of diminishing marginal returns, is positively sloped.
Taken together these two observations indicate that a higher price entices a perfectly competitive firm to increase the quantity of output produced and supplied. In particular, a perfectly competitive firm's marginal cost curve is also its supply curve.

This conclusion, however, only applies to perfect competition. Firms operating in market structures that do not equate price and marginal cost, but rather equate marginal revenue and marginal cost. As such, the marginal cost curve is not the supply curve for the firm.


Long-Run Production

In the long run, with all inputs variable, a perfectly competitive industry reaches equilibrium at the output that achieves the minimum efficient scale, that is, the minimum of the long run average cost curve. This is achieved through a two-fold adjustment process.
  • The first of the folds is entry and exit of firms into and out of the industry. This ensures that firms earn zero economic profit and that price is equal to average cost.

  • The second of the folds is the pursuit of profit maximization by each firm in the industry. This ensures that firms produce the quantity of output that equates price (and marginal revenue) with short-run and long-run marginal cost.
The end result of this long-run adjustment is a multi-faceted equilibrium condition:
P = AR = MR = MC = LRMC = ATC = LRAC
This condition means that the market price (which is also equal to a firm's average revenue and marginal revenue) is equal to marginal cost (both short run and long run) and average cost (both short run and long run). With price equal to marginal cost, each firm is maximizing profit and has no reason to adjust the quantity of output or factory size. With price equal to average cost, each firm in the industry earns only a normal profit. Economic profit is zero and there are no economic losses, meaning no firm is inclined to enter or exit the industry.


A Benchmark of Efficiency

Perfect competition is an idealized market structure that achieves an efficient allocation of resources. Although unrealistic, the characteristics of perfect competition ensure efficiency. In fact, a primary purpose of perfect competition is to illustrate perfection, to illustrate the best of all possible resource allocation worlds, and to provide a benchmark for comparison with real world market structures that inevitably fall short of this perfection.

Efficiency is achieved with perfect competition because the price is equal to marginal cost. Price indicates the value of the good produced and thus the satisfaction a generated from production. Marginal cost indicates the opportunity cost of goods not produced and thus the satisfaction lost from foregone production.


Because the satisfaction obtained (price) is equal to satisfaction foregone (marginal cost) overall satisfaction cannot be increased by increasing or decreasing production. If price and marginal cost are not equal, then satisfaction can be increased by changing production.



The Other Three Market Structures

Market Structure Continuum
Market Structure Continuum
Perfect competition is one of four common market structures. The other three are: monopoly, oligopoly, and monopolistic competition. The exhibit to the right illustrates how these four market structures form a continuum based on the relative degree of market control and the number of competitors in the market. At the far left of the market structure continuum is perfect competition, characterized by many competitors and no market control.
  • Monopoly: To the far right of the market structure continuum is monopoly, characterized by a single competitor and extensive market control. Monopoly contains a single seller of a unique product with no close substitutes. The demand for monopoly output is THE market demand.

  • Oligopoly: In the middle of the market structure continuum, residing closer to monopoly, is oligopoly, characterized by a small number of relatively large competitors, each with substantial market control. A substantial number of real world markets fit the characteristics of oligopoly.

  • Monopolistic Competition: Also in the middle of the market structure continuum, but residing closer to perfect competition, is monopolistic competition, characterized by a large number of relatively small competitors, each with a modest degree of market control. A substantial number of real world markets fit the characteristics of monopolistic competition.
The four key characteristics of perfect competition are: (1) a large number of small firms, (2) identical products sold by all firms, (3) perfect resource mobility or the freedom of entry into and exit out of the industry, and (4) perfect knowledge of prices and technology.
These four characteristics mean that a given perfectly competitive firm is unable to exert any control whatsoever over the market. The large number of small firms, all producing identical products, means that a large (very, very large) number of perfect substitutes exists for the output produced by any given firm.
This makes the demand curve for a perfectly competitive firm's output perfectly elastic. Freedom of entry into and exit out of the industry means that capital and other resources are perfectly mobile and that it is not possible to erect barriers to entry. Perfect knowledge means that all firms operate on the same footing, that buyers know about all possible perfect substitutes for a given good and that firms actually do produce identical products.

Large Number of Small Firms

A perfectly competitive market or industry contains a large number of small firms, each of which is relatively small compared to the overall size of the market. This ensures that no single firm can exert market control over price or quantity. If one firm decides to double its output or stop producing entirely, the market is unaffected. The price does not change and there is no discernible change in the quantity exchanged.

How many firms are needed in a perfectly competitive industry, such that each is so small it has absolute no market control? There is no actual number that answers this question. This is due partly to the fact that perfect competition is an idealized market structure that does not exist in the real world. It is also partly due to the notion that the number of firms is not as important as the result... that no firm has market control.


Here are two extreme examples that will help illuminate this notion. Example 1 is Phil's home grown zucchinis. Phil is one among gadzillions (a really large number) of people who grow zucchinis in their backyard gardens. Phil has no control over the zucchini market because the total zucchini market contains gadzillions of zucchini producers, each producing only a handful of zucchinis. Should Phil decide to produce more zucchinis, fewer zucchinis, or none at all, the zucchini market and especially the zucchini price are unaffected. Zucchini buyers continue buying zucchinis from the remaining gadzillions of zucchini producers as if nothing changed. As far as the market is concerned, nothing has changed.


Example 2 is the innovative folks at Quadra DG Computer Works, which produces the Quadra 400 Data RAM Cartridges (a memory storage cartridge used in the Quadra 400 Data RAM Computer Storage System). In this hypothetical economic world, Quadra DG Computer Works is only one of threes companies that produce computer storage products. Because it holds a market share of 33 percent, Quadra DG has a substantial degree of market control. Should Quadra DG decide to produce more or fewer Quadra 400 Data RAM Cartridges, or stop producing them altogether, then the computer storage market takes notice. The price and quantity exchanged are likely to change.

Identical Goods / Homogenous Goods

Each firm in a perfectly competitive market sells an identical product, which is also commonly termed "homogeneous goods." The essential feature of this characteristic is not so much that the goods themselves are exactly, perfectly the same, but that buyers are unable to discern any difference. In particular, buyers cannot tell which firm produces a given product. There are no brand names or distinguishing features that differentiate products by firm.

This characteristic means that every perfectly competitive firm produces a good that is a perfect substitute for the output of every other firm in the market. As such, no firm can charge a different price than that received by other firms. If they should try to charge a higher price, then buyers would immediately switch to other goods that are perfect substitutes.


Once again, Phil the zucchini grower offers an example. Phil's zucchinis are no different than Becky's zucchinis, which are no different than Dan's zucchinis, which are no different than Alicia's zucchinis, which are no different than any of the other zucchinis produced by any of the other gadzillions of zucchini growers. They look the same. They taste the same. And most important, they satisfy the same zucchini need.


In contrast, the Quadra 400 Data RAM Cartridges used in the Quadra 400 Data RAM Computer Storage System are unique. First of all, Quadra 400 Data RAM Cartridges only work in the Quadra 400 Data RAM Computer Storage System. Second of all, Quadra 400 Data RAM Computer Storage System only uses Quadra 400 Data RAM Cartridges. Third of all, the brand name of Quadra DG Computer Works is printed on each cartridge, signifying whatever quality notion (good or bad) that buyers have for this product. To most buyers, Quadra 400 Data RAM Cartridges are NOT identical to OmniRam computer storage cartridges or MegaMem computer storage cartridges. Each works with a different system, have different uses, and have different quality connotations.

Perfect Resource Mobility

Perfectly competitive firms are free to enter and exit an industry. They are not restricted by government rules and regulations, start-up cost, or other barriers to entry. While some firms incur high start-up cost or need government permits to enter an industry, this is not the case for perfectly competitive firms. Likewise, a perfectly competitive firm is not prevented from leaving an industry as is the case for government-regulated public utilities.

Perfectly competitive firms can acquire whatever labor, capital, and other resources that they need without delay and without restrictions. There is no racial, ethnic, or sexual discrimination.

For example, if Phil wants to leave the zucchini industry and entry the kumquat industry, he can do that without restriction. Likewise if Becky is a kumquat producer who wants to entry the zucchini industry, she can do so without restraint. Phil and Becky are not faced with up-front investment cost nor brand-name recognition that might prevent them from entering a perfectly competitive industry. When they enter an industry they can instantly compete on equal ground with existing firms.

By comparison, when Quadra DG Computer Works entered the market it needed to build several expensive factories, spend millions of advertising dollars to achieve brand name recognition, and obtain several government patents to produce its Quadra 400 Data RAM Cartridges. Additionally, because Quadra 400 Data RAM Cartridges are used in top secret military projects, Quadra DG Computer Works is not allowed to STOP producing Quadra 400 Data RAM Cartridges without authorization from the Secretary of Defense and an act of Congress.

Perfect Knowledge

In perfect competition, buyers are completely aware of sellers' prices, such that one firm cannot sell its good at a higher price than other firms. Each seller also has complete information about the prices charged by other sellers so they do not inadvertently charge less than the going market price. Perfect knowledge also extends to technology. All perfectly competitive firms have access to the same production techniques. No firm can produce its output faster, better, or cheaper because of special knowledge of information.

Phil, for example, has all of the information needed to grow zucchinis. This is the same information possessed by Becky, Dan, Alicia, and the other gadzillions of zucchini producers. Phil also knows that the going price of zucchinis is 50 cents. All of the zucchini buyers know that the going price is fifty cents.



In contrast, Quadra DG Computer Works has several patents on the production of Quadra 400 Data RAM Cartridges that are not available to its competition (OmniRam and MegaMem). Quadra DG also has a secret formula that it uses for production locked away in the company safe.




PERFECT COMPETITION, AmosWEB