Curated OER
The Market Power Game
Learners play a game to evaluate the power of competition in the four types of market structures. They describe characteristics and give examples of pure competition, monopolistic competition, oligopoly, and monopoly.
Curated OER
Competition and Market Structure
Students participate in a simulation in which some are buyers and some are sellers in a trading activity. They set their own prices and record transactions. Then they calculate who made the biggest profit. They discuss the results.