3.4.5 Monopoly - Theme 3 Edexcel A Level Economics
This double lesson introduces learners to the monopoly market structure. We start by making links to the board game to understand what a monopoly is and its charactersitics. We look at what makes monopolies powerful, easy to follow diagrams to illustrate supernormal profits in the short-run and the long-run as well as the deadweight loss caused by monopolies. Plenty of video case studies to contextualise the topic and a discussion on the pros and cons of monopolies is
included. A link to a kahoot quiz and a box plenary to finish with.
Colourful, concise and engaging slides!