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Top Microeconomics Tutors in Brooklyn NY Area

The decision to buy this or that product, on this or that day, with cash or credit card can be encapsulated by the topic of consumer behavior. If you’re like most people, and have a finite amount of resources (capital, assets or otherwise), then how you allocate, save or stuff under your mattress is considered under the heading of microeconomics. The term ‘micro’ is more to differentiate from its larger cousin ‘macro’, which deals more topics the size of cities, governments, countries. Microeconomics tutoring involves the rather sexy lesson topics (at least to behavioral economists) of why a consumer will or will not buy a certain product. Implicit in such humdrum decisions of “should I buy a grande vs. venti latte at Starbucks” or “yes, I would like fries with that” is the study of pricing dynamics. Even more interesting is the inclusion of game theory (if you’ve ever seen ‘A Beautiful Mind’ you’ll know what I’m talking about; if you haven’t, go see the movie now), which considers the action of one agent (person, firm or any other conscious being) based on what that one agent thinks another agent will do. To put in more concrete terms, a firm entering the market will price its goods not just based on what it thinks consumers will pay, but rather what impact that pricing might have on the firm’s competitors. In NY, there was a month-long pricing war with the local Two Brothers pizza place that normally sold the best NY pizza slices for a dollar each, and an Indian restaurant next door which also sold, in addition to Indian food, pizza. The Indian food place dropped their price to $0.80, which prompted Two Brothers to drop even further to $0.75—and there was talk that the price might drop further to $0.50. Such (delicious) ‘wars’ are the study of microeconomics.

Brooklyn Microeconomics Tutoring Facts
On average, Microeconomics tutors in Brooklyn will travel	7.32 miles
Average price for Microeconomics tutors in Brooklyn	$60 per hour
Number of degrees held by tutors in Brooklyn	19
Brooklyn Microeconomics Tutors - Top 5 Schools # Tutors School Name 2 Tufts University 1 Cornell University 1 George Washington University 1 College Of St. Rose 1 Mercy College