Monopoly Question Inception Challenge

An activity that would be good as an end of topic review. The monopoly question inception has questions inside a question inside a question. All the PDF's are editable so can be uploaded into each other and create a professional looking document at the end.

Students must answer the following question: To what extent do monopolies exploit consumers? And fill in the Monopoly Sheet.

To do this they must categorise the following eight arguments into arguments for and arguments against the statement. They can then be uploaded into the Monopoly Sheet which is the main document. However, none of these arguments are complete and each need students to complete various tasks before they can be included into the main document. These include gap fills, word searches, true or false, definitions, explanations, interpreting pictures, evaluation, including key words etc.

Once they are completed they must be saved as PDF's and uploaded into the main document (which is also saved as a PDF). When using this resource I didnt tell the students the titles of the PDF's but renamed them into 'argument 1, argument 2, argument 3 etc.' This prevents any clues being given away.

At the end of the lesson students have effectively worked together to write an essay plan which can also be used for revision. I found this lesson to be very successful as it stretches and challenges more able students, but still has opportunities for weaker students to shine and encourages them to work together to consolidate their knowledge.

Topics covered include:
- Price Discrimination
- Static Efficiency: Allocative Efficiency, Productive Efficiency and X Efficiency
- Dynamic Efficiency
- Business Objectives
- Economies of Scale
- Natural Monopoly
- Output and Prices
- Minimum Efficient Scale
- Evaluation