Monopolistic Competition

In this video I explore what monopolistic competition is with examples of it, characteristics required to achieve this, diagrams of it in the short-run and long-run. A supplementary booklet can be found below.

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Monopoly

In this video I look at what is a monopoly? what characteristics does it have? Why might a firm want to be one? How does it do its pricing? What does a monopoly diagram look like? What efficiencies are associated with a monopoly? What are the costs and benefits to consumers? 

Also, there is a supporting booklet to the video attached below.

 

Monopoly by Komilla Chadha by Komilla Chadha

https://www.scribd.com/embeds/87027982/content?start_page=1&view_mode=scroll&access_key=key-i8czknkvzz67m61juls&show_recommendations=true

Data Analysis – Converting Rates-Indices & Real-Nominal

This video is to aid you with economic coursework. When presented with data, you need to know if it needs to be altered in anyway before analysing and so I created this table to help you remember which formulas to use and when.This video is to aid you with economic coursework. When presented with data, you need to know if it needs to be altered in anyway before analysing and so I created this table to help you remember which formulas to use and when. A JPEG image of the table is also attached below.

 

 

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