Objectives:
With this module students will learn about:
College Board Microeconomics Content Area
3. Monopoly
a. Sources of market power
e. Natural monopoly
Georgia Performance Standards:
SSEMI4 The student will explain the organization and role of business and analyze the four types of market structures in the U.S. economy.
c. Identify the basic characteristics of monopoly, oligopoly, monopolistic competition, and pure competition
Web based activities for this Module:
2. Additional Resources:
3. After viewing the videos and additional resources, take the quiz on Edmodo.
Non-Web Based Activities:
With this module students will learn about:
- The difference between Perfect and Imperfect Competition
- Different types of barriers to entry
- The types of Monopolies that exist
College Board Microeconomics Content Area
3. Monopoly
a. Sources of market power
e. Natural monopoly
Georgia Performance Standards:
SSEMI4 The student will explain the organization and role of business and analyze the four types of market structures in the U.S. economy.
c. Identify the basic characteristics of monopoly, oligopoly, monopolistic competition, and pure competition
Web based activities for this Module:
- Watch the following Video before class
2. Additional Resources:
- Barriers to entry:Tutor2u.net
- Reffonomics: Monopoly
- Seinfeld: can you find the various ways this is a monopoly?
3. After viewing the videos and additional resources, take the quiz on Edmodo.
Non-Web Based Activities:
- Textbook Chapter 22: Go to Edmodo calendar for quiz date.
- Workbook Activities: List and due dates on Edmodo