- Market Structure Perfect Competition & Monopoly * ’ppt’ IGCSE Economics. . With these resources, I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
• Define Competitive markets - Explain the effect of having a high number of firms on price, quality, choice, profit.
Note: the theory of perfect and imperfect competition and diagrams are not required.
• Define Monopoly markets – Explain the characteristics, advantages and disadvantages of monopoly. Note: diagrams are not required.
• ‘Class Activities’ ‘Keywords Study’ ‘Multiple Choice Questions’ with Answers.
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