COST, REVENUES AND PROFIT (100+ page slide deck below)
(End of above ppt covers efficiencies too)
Total and Average Cost Diagrams
Ryanair Easyjet budget airline case study
Tesco vs Ocado p251 Long Run vs Short Run Cost Curves case study
Ch45 PROFIT HW questions 2-6 Excel sheet
Quick quiz Draw the diagrams PC vs Imp Comp PROFIT
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
OLIGOPOLY – a market dominated by a few producers
13D examples of Payoff Matrices
Game Theory Exam Questions and Answers
Oligopoly including Game Theory
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
Example Essay – The efficiency of Monopoly vs Perfect Competition
Efficiency diagrams referred to above
CONTESTABILITY
After Mocks….Monopsony, Government Intervention, Labour Markets…and we’re done!
Selected theme 3 essays