This is a knowledge organiser for Economics Unit 3 Pearson Edexcel Topic on Market Structure.
Included:
- Perfect Competition (Advantages and Disadvantages in SR and LR)
- Contextual examples on PC.
- Monopolistic Competition (Advantages and Disadvantages in SR and LR)
- Monopsony (Advantages and Disadvantages in SR and LR)
- Monopolies (Advantages and Disadvantages in SR and LR)
- Oligopolies (Advantages and Disadvantages in SR and LR)
- Game theory example
- Diagrams on all market structures
- Key definitions
- Info. on Price discrimination
Further KOs exist on Business Growth, Labour Markets, Cost and Revenue, & Government Intervention (Coming Soon).
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