Theme 3 – Micro

COST, REVENUES AND PROFIT (100+ page slide deck below)

Cost Revenue and Profit 12B

Cost Revenue and Profit 12C

Cost Revenue and Profit 12D

(End of above ppt covers efficiencies too)

More on efficiencies 2022

Total and Average Cost Diagrams

Ryanair Easyjet budget airline case study

Tesco vs Ocado p251 Long Run vs Short Run Cost Curves case study

Ch42 Revenue HW Questions

Ch45 PROFIT HW questions 2-6 Excel sheet

Quick quiz Draw the diagrams PC vs Imp Comp PROFIT

 

BIRTH AND GROWTH OF FIRMS

Birth and Growth of Firms

Example of a demerger Costa demerges from Whitbread. Costa bought by Coke

 

MARKET STRUCTURES – PERFECT COMPETITION, MONOPOLISTIC COMPETITION, OLIGOPOLY and MONOPOLY

Perfect Competition 13B

Perfect Competition 13C

Perfect Competition 13D

 

Monopolistic Competition 13B

Monopolistic Competition 13C

Monopolistic Competition 13D

Monopolistic Competition

 

OLIGOPOLY – a market dominated by a few producers

Oligopoly 13B

Oligopoly 13C

Oligopoly 13D

13D examples of Payoff Matrices

Game Theory Exam Questions and Answers

Oligopoly including Game Theory

Predatory Pricing Example

Bid Rigging in Oligopoly – 1 pager

Collusion and role of the Competition and Markets Authority (CMA)

Effect of (CMA) fines on an Imperfectly Competitive Firm (like Oligopolist.)

Policies to stop collusion – Interesting 6 page article good for A level

HW Answer: Oligopoly Kink D curve Payoff matrix 15marker.doc

 

MONOPOLY

Monopoly 13C.pptx

Monopoly 13B.pptx

Monopoly 13D

Example Essay – The efficiency of Monopoly vs Perfect Competition

Efficiency diagrams referred to above

 

CONTESTABILITY

Contestability ppt

Contestability word handout

After Mocks….Monopsony, Government Intervention, Labour Markets…and we’re done!

Monopsony

Government Regulation

Labour Markets

 

Selected theme 3 essays

Micro-Paper-Example-Essays-Xmas2018