Business Behavior and Market Structures · Microeconomics

Oligopoly and Game Theory

Exploring strategic interdependence and the behavior of firms in concentrated markets.

Key Questions

  1. 1What incentives drive firms to collude despite legal risks?
  2. 2How does the prisoners dilemma explain price rigidity in an oligopoly?
  3. 3What trade-offs are made when firms compete on branding rather than price?

National Curriculum Attainment Targets

A-Level: Economics - Market StructuresA-Level: Economics - Oligopoly and Game Theory
Year: Year 13
Subject: Economics
Unit: Business Behavior and Market Structures
Period: Microeconomics

Suggested Methodologies

Ready to teach this topic?

Generate a complete, classroom-ready active learning mission in seconds.

Generate a Custom MissionBrowse Lesson Plan Templates

More in Business Behavior and Market Structures

The Theory of the Firm

Analysis of production costs, revenue streams, and the primary objective of profit maximization versus alternative goals.

2 methodologies

Perfect Competition and Monopoly

A comparative study of the extremes of market structures and their efficiency outcomes.

3 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU