Award-Winning Economics Tutors in Newport News, VA

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Just spent the past hour and a half studying micro-economics with my tutor Patrick for my final in a couple hours. He showed great knowledge of the subject and saved my countless hours from trying to find the formulas and correct explanations for my troubling problems and confusions.

— John W.

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Fen made all the difference. My son who was panic stricken in preparing for an extremely difficult economics final was able to pass the course and graduate from NYU. Fen was not only incrdeiblly knowledgeable but was also an amazing tutor. Patient and able to find ways to help Ben commit the vast amount of information to memory. Varsity was wonderful in every way and we appreciate having had them to turn to.

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Recent Tutoring Session Reviews

Economics Tutoring review by Elnora in Newport News, VA
The student wanted to review concepts related to the bank reconciliation process (as a part of cash management) and also cash budgeting in order to prepare for a test. We reviewed two examples and walked through the process of taking a bank and book balance and making adjustments related to deposits in transit and outstanding checks. We also discussed service fees, NSF checks, etc., to "reconcile accounts" (and the balances would turn out to be equal). We also reviewed an example of listing cash receipts and subtracting cash payments to determine the amount of financing a company may need if there is a cash deficit.
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Economics Tutoring review by Ernest in Newport News, VA
Reviewed the following topics: Income Statement, Statement of Owner's Equity, Balance Sheet, Closing Journal Entries, and Journal Entries. Student shows a good understanding of the material. Productive session.
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Economics Tutoring review by Glenda in Newport News, VA
Today the student and I began preparing for his exam. He studies to the answer as opposed to having a methodology to address each situation. He has to be able to discern which methodology to apply based on the situation given. If I give him a problem from another textbook, he googles the problem and is automatically given the solution!!! So, I have to get further ahead of him and develop my OWN problem set. This young man has got to be put in a situation where he has to think!!! If he is forced to think, then he must rely on the concepts gleamed from the book to properly apply them to the given situation. Voila!!!
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Economics Tutoring review by Jennifer in Newport News, VA
We went through chapter 23 of economics focusing on the calculation of consumer price index and the pros and cons of using this calculation for measuring the cost of living. We then went over chapter 6 in accounting on inventory costing. We went through LIFO, FIFO, and weighted average, as well as FOB destination and FOB shipping point calculations.
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Economics Tutoring review by Umaru in Newport News, VA
Went over tutor and student availability and class schedule. Covered types of financial statements, account types, journal entries, T-Accounts, and Trial Balance. Suggest to student to review financial statement and names of accounts. Student had struggled in the past but is eager to learn.
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Economics Tutoring review by Heather in Newport News, VA
We covered the fundamentals of accounting (T Accounts), and I did a trial balance problem with the student. She has an upcoming accounting assignment that is due this weekend. We will go over the remainder of her homework problems on Sunday.
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