Ready To Pass Finance Tutoring

You just need internet connection and a tutor

The traditional model of higher education, - where students are gathered in a lecture room quietly listening to their professors - is changing rapidly. The disruption is made possible by technology: lecture videos can be seen, course materials can be downloaded and home works can be submitted anytime by anybody who signed up for the course, students need only show up on exam day to prove their expertise. The change is a real danger for many established institution and a great opportunity for the further democratisation of knowledge. The different cost structure of the traditional and new educational model should be a textbook example of both the massive open online courses (MOOCs) and the renowned brick and mortar institutions. However, even studying at an online university you might get stuck with your assignment or exam preparation. In this case you really really need a good tutor...:)

http://www.economist.com/news/finance-and-economics/21595901-rise-online-instruction-will-upend-economics-higher-education-massive

Massive open online forces UNIVERSITIES have not changed much since students first gathered in Oxford and Bologna in the 11th century. Teaching has been constrained by technology. Until...

China takes the lead - at least in PPP based GDP
The Gross Domestic Product and its variations (per capita, nominal, real, etc.) is maybe the most important economic indicator. It was first introduced in 1934 by the Nobel-laureate Belorusian-American economist, statistician Simon Kuznets. The GDP encompasses the market value of goods and services produced in a country generally during a year.
The nominal GDP figure of different countries is not the best indicator of their relative economic performance and development. The same dollar (or its identical value in local currency) in the pocket can buy different quantity of goods and services in different countries. If we would like to account for these differences in purchasing power, the GDPs of different countries denominated in local currencies can be translated into US dollar using the purchasing power parity (PPP) based exchange rate instead of the market exchange rate. (The PPP exchange rate is the number of units of a local currency needed to buy the same amount of goods and services in the local market as a U.S. dollar would buy in the US.)
If the price level is overestimated , the PPP factor (PPP exchange rate of USD expressed in local currency) is also overestimated and this results in lower local GDP expressed in USD. Using the correct (lower price level) will results in higher local PPP based GDP than originally. (Intuitively: the same GDP in local currency has higher purchasing power using lower local prices and this results in higher PPP based GDP figure expressed in US dollar). This is what apparently happened with the Chinese PPP GDP and it is now corrected. The result: China will reach the US on PPP based GDP this year. (Of course this does not mean that Chinese are wealthier as this GDP is for a country of 1364 million vs 318 million of the US. Income inequality is also higher in the “socialist” China with a Gini coefficient of 52% vs the the capitalist US of 45%)


http://www.economist.com/news/finance-and-economics/21601568-new-data-suggest-chinese-economy-bigger-previously-thought-dragon

The dragon takes wing THERE are a number of ways to measure the might of a nation: military power, commercial clout, cultural influence. But ever since statisticians started rigorously...

This is a 3-statement model to demonstrate the relationships among Balance Sheet, Income Statement and Cash Flow Statement. You can play around with the green and red numbers to see how the statements change:
http://docs.com/15W9P

3 statement model 3 statement model by Balázs Szabó

An example in excel to resolve marginal cost and marginal benefit problems in microeconomics

Photographic Photographic by Balázs Szabó

The excel version of this model is available upon request, indicating the relationships between the 3 statements by functions.