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Imperfectly competitive markets—such as monopolies, oligopolies, and monopolistic competition—deviate from the assumptions of perfect competition and often produce outcomes that are not socially optimal. Government intervention is typically justified when market power leads to allocative inefficiency, productive inefficiency, or consumer exploitation.

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Institution
AQA
Module
Individuals, firms, markets and market failure (ECON921)

Content preview

■ Operation: Phantom at Cadet HQ
1846 Southall Squadron
A Halloween Mystery Game (Spooky, Funny & Mysterious)


Host Instructions
It’s Halloween night at 1846 Southall Squadron HQ. The Cadet Trophy has mysteriously
vanished, and strange happenings are afoot — flickering lights, eerie noises, and a note
signed only 'The Phantom Cadet.' Your mission: uncover who the Phantom is before 9:00
PM!

, Running Order (1 Hour Total)
Phase Activity Time
1 Briefing & Story Setup 10 mins
2 Evidence Hunt 15 mins
3 Interrogations 15 mins
4 Theories & Accusations 10 mins
5 The Reveal 10 mins
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Study Level
A/AS Level
Examinator
AQA
Subject
Economics
Unit
Individuals, firms, markets and market failure (ECON921)
All documents for this subject (51)

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Uploaded on
November 21, 2025
Number of pages
6
Written in
2025/2026
Type
CASE
Professor(s)
Reshma paul
Grade
A+

Subjects

  • imperfectly competitive marketssuch as monopolies

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