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Market Structures and Economic Efficiency | Livestream | Aiming for A-A* Economics 2024

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Join Geoff live for this fastpaced and detailed look at key aspects of Market Structures and Economic Efficiency. An essential free revision session for all ALevel Economics students targeting top grades in 2024.Suitable for all exam boards: AQA, Edexcel eduqas and OCR

#aleveleconomics #tutor2ueconomics #alevels2024

VIDEO CHAPTERS
00:00 Introduction
03:36 Exam advice on market structures
04:59 Calc: concentration ratios
07:09 MCQ practice x 5
12:48 Dynamic efficiency
15:27 Concentrated markets & allocative efficiency
18:57 Advantages of having dominant firms
21:29 Limits to market power of dominant firms
24:40 Key policies to control monopoly power
25:55 Case study: is market dominance by Amazon good for consumers?
29:14 Which market structure is best for efficiency & welfare?

Hot topics for Paper 1 (2024)

Don't forget to catch this mustwatch 8minute video from Geoff on Paper 1 Hot Topics for 2024: packed with essential application.    •  Hot Topics for Economics Paper 1 Mi...  

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