EconDal Theme 3
Tom Furber Theme 3
Topic question packs
Business growth
Revenue and costs
Economies and diseconomies of scale
Normal profits, supernormal profits, and losses
Different business objectives
Efficiency and perfect competition
Monopolistic competition
Oligopoly
Monopoly
Monopsony and contestability
The labour market
Government intervention
Business objectives
Revenue, costs, and profits
Market structures
Labour markets
Dominant firms
The objectives of firms
Exploring oligopoly
Is the idea of a natural monopoly still relevant?
Nationalisation vs privatisation
Facebook, Giphy, and competition
Profits, patents, and pharma
The economics of patents
John Nash - game theory
The online gaming industry
Zombie companies
Designing a market for human organ transplants
Price discrimination
Big data and personalised pricing
Ticketing tactics
Evaluating trade unions
Exploring the gender pay gap
Migration and the impact on wages
Covid and working from home
The economics of auctions