Join Geoff live for this fast-paced and detailed look at key aspects of Market Structures and Economic Efficiency. An essential free revision session for all A-Level Economics students targeting top grades in 2024.Suitable for all exam boards: AQA, Edexcel eduqas and OCR
#aleveleconomics #tutor2ueconomics #alevels2024
VIDEO CHAPTERS
00:00 Introduction
03:36 Exam advice on market structures
04:59 Calc: concentration ratios
07:09 MCQ practice x 5
12:48 Dynamic efficiency
15:27 Concentrated markets & allocative efficiency
18:57 Advantages of having dominant firms
21:29 Limits to market power of dominant firms
24:40 Key policies to control monopoly power
25:55 Case study: is market dominance by Amazon good for consumers?
29:14 Which market structure is best for efficiency & welfare?
Hot topics for Paper 1 (2024)
Don't forget to catch this must-watch 8-minute video from Geoff on Paper 1 Hot Topics for 2024: packed with essential application. [ Ссылка ]
