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Tutor2u
Tutor2u: Perfect Competition Introduction
This website describes the conditions of a "perfectly competitive" market structure, and the obstacles that the individual firm in this market will face.
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.
University of North Carolina
University of North Carolina: Perfect Competition
This site shows cost curves for a firm in a perfectly competitive market, and has an interactive graph to show what their profit margin is at various levels of production.
Wikimedia
Wikipedia: Perfect Competition
This site provides a clear description of the requirements and conditions needed in a market for it to be labeled a perfectly competitive market. The topics of allocative efficiency and productive efficiency are also addressed.
Other
South Western Learning: Econ News: Comparative Statics: Perfect Competition
This site offers economics-based newspaper headlines and asks follow-up questions based on supply and demand in a perfectly competitive market.
Other
South Western Learning: Econ News: Perfect Competition
This site offers a variety of economics-related newspaper headlines in perfectly competitive markets, and each headline offers discussion questions related to that topic.
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
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.
Schools of California Online Resources for Education
Score: Latin American Marketing Project
This site from Score provides information on the global marketplace. This is a unit where students are grouped to find out the best Latin American country to introduce a new fast food business. Site is very well outlined and includes...
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)
Other
A Simple Seller Environment
This site offers a description of a price taker and the characteristics in this sellers' market structure. The price taker is examined in both the short run and the long run.
Other
Oecd: Glossary of Statistical Terms: Monopolistic Competition
This site provides a simple and easy-to-understand definition of monopolistic competition.
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.
Tutor2u
Tutor2u: Oligopoly
This site lists the characteristics of an oligopoly, and discusses price competition, non-price competition, and price leadership.
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)
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
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)
Wikimedia
Wikipedia: Cartel
This on-line encyclopedia provides the legal definition and examples of a cartel.
Other
Marietta College: Umw: Oligopoly and Interdependence in the Classroom
This site provides an example of a game tree associated with firms in an oligopoly. This in-class experiment could be used to help study oligopolies, interdependence of firms, or collusion.
Other
Crikey: Shopping Mall Oligopoly Cops a Hit
This news article discusses how stores at an Australian shopping mall colluded in order to drive out a new competitor, along with reasons given by the judge. (Dec 19, 2004)
Council for Economic Education
Econedlink: Profit Video and Quiz
This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated by subtracting a firm's costs of producing a good or service from the revenues received from selling the good...
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.
Wikimedia
Wikipedia: Monopoly
Provides a detailed examination of the characteristics of a monopoly, along with various kinds of monopolies, such as natural, local, coercive, and others.
Wikimedia
Wikipedia: Oligopoly
Provides a definition and describes the characteristics of an oligopoly.