Oligopolies, Kinked Demand Curves and the Nash Equilibrium

This is a whole lesson on Oligopolies, Kinked Demand Curves and the Nash Equilibrium. The lesson looks at the reasons for oligopolies not necessarily always have high prices. It looks at the kinked demand curve model and builds on the previous lesson on oligopolies to look at the Nash Equilibrium in more detail. There is a fantastic activity on game theory found in the lesson on trade protection. This lesson is ready to go, with no prep required. It is also great for home learning. 20-slide presentation + supplementary resources.

The lesson includes:

• Starter (a quick activity with answer key)
• Learning Objectives (differentiated)
• Keywords
• Key Questions
• VIDEO
• Excellent teaching slides
• lots of diagrams (with custom animation)
• Worksheet (with answer key)
• Plenary
• Homework Questions

ALL LESSONS for teaching all the different topics of the economic syllabus are available as one BIG BUNDLE in the link below:

Economics: ALL LESSONS

ALSO:

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