Oligopoly: Advantages and Disadvantages of Oligopoly I A Level and IB Economics

Some of the main potential advantages and disadvantages of the market structure known as oligopoly are explored in this short revision video. We also consider three examples of “it depends on” evaluation arguments that you might want to use in your economics papers. Be prepared to use analysis diagrams to help where useful, but this video is diagram free!

#aqaeconomics #ibeconomics #edexceleconomics

• #education
• #oligopoly
• #market_structure
• #economic_efficiency
• #price_wars
• #consumer_welfare
• #supernormal_profit