Robert Schenk, PhD
Cyber Economics: Monopolistic Competition
E-learning site uses an example of "pushcarts on the beach" to demonstrate a monopolistically competitive market structure and how, as more firms enter the market, price, quantity, and deadweight loss are all affected.
Other
South Western Learning: Econ News: Monopolistic Competition
A wide variety of newspaper headlines are provided on the subject of economics and monopolistic competition. Each story comes with its own discussion questions.
Khan Academy
Khan Academy: Monopolistic Competition
Practice what you've learned about monopolistic competition in this four-question exercise.
Wikimedia
Wikipedia: Monopolistic Competition
This site provides the characteristics, behaviors, and problems of a firm in a monopolistic competition market structure.
Robert Schenk, PhD
Monopolistic Competition
An example problem is given that shows how monopolistic competition works. Also an explanation of the model of monopolistic competition is given.
Other
Egwald Web Services: Imperfect Competition Models: Monopolistic Competition
This site provides an in-depth examination of monopolistic competition, along with appropriate levels of output, price, and corresponding profits. This site is for the advanced student of economics.
Other
Online Texts: Monopolistic Competition: Demand Change
This site uses graphs to show how changes in demand would change a firm's output, price, and profits or losses in a monopolistically competitive market structure.
Other
Oecd: Glossary of Statistical Terms: Monopolistic Competition
This site provides a simple and easy-to-understand definition of monopolistic competition.
Other
Elemental Economics: Review of Basic Definitions: Competition
This site provides a good description of the four types of market structures: perfect competition, monopolistic competition, oligopoly, and monopoly, along with the major characteristics of each.
Other
South Western Learning: Oligopoly/monopolistic Competition: Kinked Demand Curve
This South-Western College Publishing website describes a situation in which oligopolistic firms vie for competition among consumers.
Khan Academy
Khan Academy: Imperfect Competition
Practice what you have learned about the difference between perfect competition and different forms of imperfect competition in this exercise.
Curated OER
Model of Monopolistic Competition
This site uses an example of "pushcarts on the beach" to demonstrate a monopolistically competitive market structure and how as more firms enter the market, price, quantity, and deadweight loss are all effected.
Curated OER
Monopolistically Competitive Firm in Long Run Equilibrium
This site uses interactive graphs to show how changes in demand would change a firm's output, price, and profits or losses in a monopolistically competitive market structure.
Other
Is Ever So Hip Abercrombie & Fitch Losing Edge With Teens? [Doc]
This article asks whether or not Abercrombie & Fitch is "so popular" that it has become "not as popular" with teens anymore. A good example of a firm in a monopolistically competitive market structure. (02/22/2000)
Missouri State University
Missouri State University: Market Structure: Oligopoly
A good outline of course study on the topics of monopolistic competition, oligopoly, and anti-trust legislation.
Other
Wall Street Journal: Mc Donald's Launches New Ads, Hoping to Tap Goodwill [Doc]
This article discusses McDonald's new ad campaign in 1997 to compete against Burger King, Wendy's, and other restaurants in a very competitive market. (10/02/1997)
Other
Two Neophytes Bring a Taste of New York to Pittsburgh [Doc]
This article discusses how two entrepreneurs went to New York City to see what was "hot," and brought those ideas to a hungry Pittsburgh region. (02/18/1997)
Other
Egwald Web Services: Imperfect Competition Models: Differentiated Oligopoly
This site provides an in-depth study of a "differentiated oligopoly," and uses supporting graphs. For the advanced economics student.
University of Groningen
American History: Documents: The Sherman Antitrust Act 1890
Features the full text of the Sherman Antitrust Act of 1890, the first Federal act that outlawed monopolistic business practices and prohibited trusts.
Savvas Learning
Pearson Education: National Brands Versus Private Labels and Generics
This article compares national brands to generic brands, with respect to prices, customer satisfaction, and product differentiation.
Other
The Nation: Copyright Monopolies
This magazine article discusses the 1998 Copyright Term Extension Act and its impact on society, public domain, the First Amendment, and monopolistic power in the USA. (Feb. 17, 2003)