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Oligopoly

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2022/2023 Written for academic year
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Module Economics
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In depth notes for A level economics

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CHAPTER 12: OLIGOPOLY


1. Importance of Oligopoly


2. Demand Barriers to Entry & Exit (Economies of scale, Patents, Branding, Sunk,
Costs, Legal barriers, Limit pricing)


3. Collusive Oligopoly (Formal and Tacit Collusion)


4. Prisoner’s Dilemma


5. Costs & Benefits of Collusion to Producers, Consumers, Workers & Government


6. Types of Price Competition (Predatory Vs Limit Pricing)


7. Types of Non-Price Competition (Advertising & Branding, Quality, Endorsement,
Product Placement, After-Sales Service)
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Tracey Joad Pearson Edexcel International a Level Economics Student Book Ebook
Publisher: 2019 ISBN: 9781292326634 Edition: Unknown

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