Kevin Simons

Numerade Educator
Teacher Assistant

Biography

I am a rising Sophomore at Lehigh University, perusing a double major in Economics and International Relations. I am very passionate about economics, politics, and current affairs'. I enjoy the process of learning and love collaborating with my peers to better learn and understand complex concepts. In my free time I enjoy volunteering, playing sports, spending time in nature. I have completed Principles of Economics and Statistics for Business and Economics, and I am currently taking Intermediate Macroeconomics Analysis (course will be completed (7/1/21).

Education

Kevin has not yet added their education credentials.

Educator Statistics

Numerade tutor for 5 years
11 Students Helped

Topics Covered

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

Kevin's Textbook Answer Videos

01:25
Economics

Assume that scientific inventions have doubled the productivity of society's resources in butter production without altering the productivity of gun manufacture. Redraw society's production-possibility frontier in Figure $1-2$ to illustrate the new tradeoff.

Chapter 1: The Central Concepts of Economics
Kevin Simons
02:06
Economics

Explain the meaning of utility. What is the difference between total utility and marginal utility? Explain the law of diminishing marginal utility and give a numerical example.

Chapter 5: Demand and Consumer Behavior
Kevin Simons
01:18
Economics

What is the labor-force status of each of the following?
a. A teenager who sends out résumés in searching for a first job
b. An autoworker who has been laid off and would like to work but has given up hope of finding work or being recalled
c. A retired person who moved to Florida and answers advertisements for part-time positions
d. A parent who works part-time, wants a full-time job, but doesn't have time to look
e. A teacher who has a job but is too ill to work

Chapter 29: Unemployment and the Foundations of Aggregate Supply
Kevin Simons
01:38
Principles of Macroeconomics

Retrieve the following data from The World Bank database $\quad$ (http://databank.worldbank.org/data/ home.aspx) for India, Spain, and South Africa for the most recent year available:
• GDP in constant international dollars or PPP
• Population
• GDP per person in constant international dollars
• Mortality rate, infant (per 1,000 live births)
• Health expenditure per capita (current U.S. dollars)
• Life expectancy at birth, total (years)

Chapter 19: Macroeconomic Policy Around the World
Kevin Simons
01:43
Principles of Economics

If you are out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greeter at Wal-Mart are you considered employed or not in the labor force?

Chapter 21: Unemployment
Kevin Simons
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