Economics
Meet Wayne Man
Math and Social Science Teacher
Wayne Man, Presidio Education® Math and Social Science Teacher, was born and raised in East London, United Kingdom. During his A-Level economics studies, Wayne found his love for integrating mathematical and statistical patterns to problem-solve complex equations and theories. He especially values how mathematics can be used to promote logic and analytical thinking. This inspired Wayne to pursue a Bachelor of Science in Economics at the University of Birmingham in the United Kingdom. Gauging dynamic relationships within and between macroeconomics and microeconomics furthered his passion for education.
Currently, Wayne focuses on teaching high school mathematics, as well as United States Test Preparation mathematics and social science subjects. He teaches ACT and SAT mathematics, and Advanced Placement (AP) tests, such as AP Calculus AB, AP Calculus BC, AP Macroeconomics, AP Microeconomics, AP Psychology and AP Statistics. Per popular request, Wayne also teaches AP Human Geography. Nearly all of Wayne’s students score AP 5 every year. Wayne also teaches the GRE quantitative sections for prospective graduate students.
Instead of simply providing answers, Wayne encourages students to foster independent critical thinking skills. One of Wayne’s most notable qualities is that he genuinely cares about the well-being of students. He understands, empathizes and often sacrifices extra time to provide critical feedback for last minute homework and student research projects. Instead of procrastinating or making excuses, students learn how to effectively plan, organize and execute assignments because Wayne helps students see the big picture of their academic careers.
Economics is the study of one’s decision-making on how to utilize limited resources to meet one’s needs and wants. While economics has many business and financial applications, this subject is not a study of money. On the contrary, money is not the only resource that concerns individuals. For example, individuals need to make choices based on limited resources, such as time or effort. Studying economics is a great way for students to gain insights into real-world markets.
Macroeconomics
Macroeconomics analyzes economies as a whole. Inflation, unemployment and national income teach students how to analyze economic performance. Government roles forecast economic performance and what types of policies are implemented to manage economies. This provides students a better understanding of the world economy and how their own lives may be impacted. We often teach Advanced Placement (AP) Macroeconomics to hard-working students.
Microeconomics
Microeconomics is the branch of economics that focuses on the study of specific individuals, whether that is a consumer or a firm. A wide range of topics, such as supply and demand, market structures and market failure, will be studied. Students are required to demonstrate efficient resource management skills. We are also very strong in teaching Advanced Placement (AP) Microeconomics to many motivated high school students.
Learn Your Definitions
Learning the macroeconomics and microeconomics terminologies is essential. Terminologies for both subjects can be quite technical, which is why students must be careful when incorporating them for assignments or presentations. Committing these definitions to memory is the first step in learning economics. Students must then learn how to apply these terminologies in reasonable scenarios. We encourage all students to include an organized glossary in their notes.
Know Your Graphs
Graphs are necessary to demonstrate the relationships among various variables. Economists develop graphs to model and analyze real-world situations. Students will encounter a large number of distinct graphs, which are often detailed and complex, when learning economics. However, we caution students to be very careful when drawing graphs, especially for tests. Graphs must be precisely drawn and labeled at all times. Crooked lines can be misinterpreted.
The Importance of Proper English
Even when students understand economics concepts, they often struggle to demonstrate understanding with coherent English. This is especially problematic when students take tests. Unless students can display effective knowledge of economics, they will not be given full credit. This is why we always push students to use full and proper English. Presentations and written assessments must be clear, concise and specific with relevant examples at all times.
The Importance of Math
Math is another tool used by economists. A plethora of formulae and calculations are necessary for economic analysis. This allows economists to accurately draw patterns together. Although the level of math is quite simple for introductory economics, students must still avoid complacency. Students must pay close attention to calculations to avoid careless mistakes. Continuously checking work is required for precision.