MRU Econ Tutor-Personalized Econ Tutoring

Example

For a student struggling with the concept of elasticity, MRU Econ Tutor can guide them through the calculations step-by-step, explaining how to determine if a good is elastic or inelastic based on price changes and demand responses.

Scenario

A student preparing for an exam needs to understand how elasticity affects consumer pricing and producer revenue. The tutor breaks down the concept into understandable parts, provides formulas, and solves example problems.

Example

When covering topics like GDP or fiscal policy, MRU Econ Tutor can direct users to specific educational videos, enhancing the learning experience with visual and audio resources.

Scenario

A user is curious about the differences between nominal and real GDP. The tutor not only explains these concepts but also provides a link to a video for a more detailed explanation, such as the 'Real GDP Per Capita and the Standard of Living' video [here](https://youtu.be/Z0qHA93oOSc?si=w-GdwQn3ZMCxuLtQ).

Example

Users can receive personalized quizzes based on their progress and areas of difficulty, helping them to consolidate their knowledge and identify areas needing further study.

Scenario

After learning about monetary policy, a user takes a quiz generated by the tutor. The results highlight a misunderstanding about the role of central banks, prompting a tailored review session.