AP Economics – 10/25/18
I. Bellwork
Page 718-719 Tackle the Test 1-5
II. Objective:
- Explain the meaning and dimension of market structure
- Describe the four principal types of market structures
III. Module 57 Introduction to Market Structure pgs. 572-581
- Perfect Competition
- Conditions for Perfect Competition
- Monopolies
- Oligopoly
- Monopolistic Competition
- Market Structures https://youtu.be/9Hxy-TuX9fs
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Perfect Competition https://youtu.be/61GCogalzVc
IV. Notes: Figure 57.2 Page 581
V. Classwork: 3.5- Perfect Competition Practice
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