Timothy F. Geithner has a piece on the status of the economic recovery. Being the secretary of the US treasury, his piece would be the optimistic view of the treasury but still one worth reading. Our economics tutors can assist you with both macro economics and microeconomics if you are looking to understand the economy in more detail. His highlights from the piece are:

• Exports are booming because American companies are very competitive and lead the world in many high-tech industries.
• Private job growth has returned — not as fast as we would like, but at an earlier stage of this recovery than in the last two recoveries. Manufacturing has generated 136,000 new jobs in the past six months.
• Businesses have repaired their balance sheets and are now in a strong financial position to reinvest and grow.
• American families are saving more, paying down their debt and borrowing more responsibly. This has been a necessary adjustment because the borrow-and-spend path we were on wasn’t sustainable.
• The auto industry is coming back, and the Big Three — Chrysler, Ford and General Motors — are now leaner, generating profits despite lower annual sales.
• Major banks, forced by the stress tests to raise capital and open their books, are stronger and more competitive. Now, as businesses expand again, our banks are better positioned to finance growth.
• The government’s investment in banks has already earned more than $20 billion in profits for taxpayers, and the TARP program will be out of business earlier than expected — and costing nearly a quarter of a trillion dollars less than projected last year.

Despite this optimism, I am glad to hear him say that he aware “that these signs of strength in parts of the economy are cold comfort to those Americans still looking for work and to those industries, like construction, hit hardest by the crisis.”

Click here to read the entire article in the NYT.

We truly believe that MBA programs (good ones) are worth every dollar you spend on them and are easily one of the best masters’ programs out there (for most people).  One of the reasons is that an MBA program is very versatile.  If you list out all the sectors or functions that students join after their MBA, you will  probably list out everything under the sun.  An MBA adds value in almost all industries, sectors and roles.

Here is additional evidence why we believe that an MBA is a versatile program. An Economist article on the economics of cows mentions  that Dr Galligan, got an MBA from the University of Pennsylvania after originally studying veterinary sciences. He is now teaching veterinary economics. He has also spent time helping Amish farmers in the past! How much more interesting can life get!?

Here is the kicker! Whichever industry or function you are in one of our MBA tutors can tutor you on a subject that is of interest to you!  The range of concepts we tutor students in is so wide that between our pool of MBA tutors (finance tutors, economics tutors, statistics tutors, accounting tutors and financial modeling tutor) we will have something that is of interest to you! It may be understanding the economics of a cow, calculating the net present value of an asset, figuring out the return on investment of a new project, building a business plan or a financial model for a business plan, or figuring out the marketing strategy for a new market but one of our MBA tutors can help you learn something interesting. Challenge us on this. Give us a call.

GraduateTutor has more for you! Our latest introduction is homework help and tutoring in ‘Economic Analysis for Business Decisions-15.010 & 15.011, (Fall 2004)’. This is an offering from the Sloan School of Business through the MIT Open Courseware program.  Our EMBA team reports that this is possibly a topic of particular interest to EMBAs due to its application in business decisions.

MIT’s Open Courseware (OCW) is of great interest to Graduate Tutor as it is a giant step towards our vision of making learning easier. In the recent past Graduate Tutor has introduced tutoring for a few MIT’s OCW programs. We are happy to be providing homework help and tutoring for MIT’s OCW and we plan on introducing more tutoring and homework help topics soon.

The economics tutors at Graduate Tutor.com are MBAs, CPAs or CFAs and can cover ‘Economic Analysis for Business Decisions-15.010 & 15.011, (Fall 2004)’ thoroughly for students needing some homework help or tutoring support. Our economics tutors tutor students from a number of top business schools and are delighted to tutor students of Sloan School of Business, ‘Economic Analysis for Business Decisions-15.010 & 15.011, (Fall 2004) OCW program.

We hope to continue introducing topics from MIT’s OCW and make learning easier!