Microeconomics: Supply, Demand, and Markets · Supply & Demand

Market Structures

Differentiating between perfect competition, monopolistic competition, oligopoly, and monopoly.

Key Questions

  1. 1How does the number of firms in a market affect consumer prices?
  2. 2What incentives drive firms to collude or compete aggressively?
  3. 3When is a natural monopoly beneficial for the public?

Common Core State Standards

C3: D2.Eco.3.9-12C3: D2.Eco.5.9-12
Grade: 12th Grade
Subject: Economics
Unit: Microeconomics: Supply, Demand, and Markets
Period: Supply & Demand

Suggested Methodologies

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