This lesson introduces learners to perfect competition, we start by looking at the characteristics of perfect competition, ensuring students understand that this is not a realistic structure but a foundation to understand market structures. We then look at illustrating perfect competition in the short-run (with supernormal profits) and in the long-run (normal profits). Pros and cons are discussed and we finish with a box plenary.
Colourful, concise and engaging slides!
Thank you
Get this resource as part of a bundle and save up to 33%
A bundle is a package of resources grouped together to teach a particular topic, or a series of lessons, in one place.
Bundle
Edexcel A Level Economics Theme 3 (COMPLETE COURSE)
New for 2021, this bundle for Edexcel's A Level Economics Theme 3 is the ultimate pack for teachers delivering this course. Captivating powerpoints, the highest quality, unrivalled lesson experiences from start to finish. Filled with real life examples and step-by-step animated diagrams. Please have a look at individual files to see previews. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you Theme 3 - Business behaviour and the labour market
£95.00
Bundle
Edexcel A Level Economics Theme 3 - 3.4 Market structures
This 10 lesson bundle covers: 3.4.1 Efficiency 3.4.2 Perfect competition 3.4.3 Monopolistic competition 3.4.4 Oligopoly - 2-3 lessons 3.4.5 Monopoly - double lesson 3.4.6 Monopsony 3.4.7 Contestability Filled with real life examples, animated diagrams, activities and quizzes to consolidate learning in an engaging way. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you
£43.00
Something went wrong, please try again later.
This resource hasn't been reviewed yet
To ensure quality for our reviews, only customers who have purchased this resource can review it
Report this resourceto let us know if it violates our terms and conditions.
Our customer service team will review your report and will be in touch.
£7.00