Alejandro Ruiz

University of Illinois at Chicago
Group tutoring

Biography

Recent graduate from UIC with a B.S. in Biochemistry and B.A. in Economics. Worked for the past 3 years in the industry service as a Captain for catering events. Teach martial arts to high school students from the high school I graduated from. Love to teach others any subjects

Education

BS Biochemistry
University of Illinois at Chicago
BA Economics
University of Illinois at Chicago

Educator Statistics

Numerade tutor for 6 years
300 Students Helped

Topics Covered

How Markets Work: Understanding the Dynamics of Supply and Demand
Balancing Markets and Welfare: Striving for Equilibrium
Explore Deeper: Topics for Further Study
Introduction
Unlocking Insights: Macroeconomic Data Analysis
The Economics of Public Sector: Understanding Government Spending
Markets and Welfare
Discover the Power of Introduction: Your Guide to Making a Lasting Impression
Understanding Short-Term Economic Fluctuations
The Long-Term Impact of the Real Economy: Insights and Analysis
Understanding the Impact of Money and Prices in the Long Run
The Macroeconomics of Open Economies: Understanding Global Markets
Understanding Firm Behavior and Industry Organization
Mastering Equations and Inequalities: Your Guide to Mathematical Success

Alejandro's Textbook Answer Videos

05:45
Economics: Principles, Problems, and Policies

What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat $500 ?$ LO3.2
a. Small automobiles become more fashionable.
b. The price of large automobiles rises (with the price of small autos remaining the same).
c. Income declines and small autos are an inferior good.
d. Consumers anticipate that the price of small autos will greatly come down in the near future.
e. The price of gasoline substantially drops.

Chapter 3: Demand, Supply, and Market Equilibrium
Alejandro Ruiz
02:24
Economics Principles, Problems, and Policies

Describe Thomas Malthus' theory of human reproduction. Does it make sense for some species-- say bacteria or rabbits? What do you think makes humans different?

Chapter 15: Natural Resource and Energy Economics
Alejandro Ruiz
06:22
Economics Principles, Problems, and Policies

Suppose that the current (first) generation consists of 1 million people, half of whom are women. If the total fertility rate is 1.3 and the only way people die is of old age, how big will the fourth generation (the great-grandchildren) be? How much smaller (in percentage terms) is each generation than the previous generation? How much smaller (in percentage terms) is the fourth generation than the first generation? Are you surprised by how quickly the population declines?

Chapter 15: Natural Resource and Energy Economics
Alejandro Ruiz
03:06
Economics Principles, Problems, and Policies

Demographers have been very surprised that total fertility rates have fallen below $2.0,$ especially because most people in most countries tell pollsters that they would like to have at least two children. Can you think of any possible economic factors that may be causing women in so many countries to average fewer than two children per lifetime? What about other social or political changes?

Chapter 15: Natural Resource and Energy Economics
Alejandro Ruiz
02:15
Economics Principles, Problems, and Policies

Resource consumption per person in the United States is either flat or falling, depending on the resource. Yet living standards are rising due to improvements in technology that allow more output to be produced for every unit of input used in production. What does this say about the likelihood of our running out of resources? Could we possibly maintain or improve our living standards even if the population were expected to rise in the future rather than fall?

Chapter 15: Natural Resource and Energy Economics
Alejandro Ruiz
02:20
Economics Principles, Problems, and Policies

Suppose that you hear two people arguing about energy. One says that we are running out of energy. The other counters that we are running out of cheap energy. Explain which person is correct and why.

Chapter 15: Natural Resource and Energy Economics
Alejandro Ruiz
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