Monopolistic Competition

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Monopolistic competition is a market structure with many firms selling differentiated products, where firms have some price-setting power but earn zero economic profit in the long run due to free entry.

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Course curriculum

1. Monopolistic Competition Overview
2. Short-Run Outcomes
3. Long-Run Adjustment
4. Efficiency and Welfare
5. Graphical Analysis
6. Short-Run Monopolistically Competitive Firm Earning Profit
7. Short-Run Monopolistically Competitive Firm Earning Losses
8. From Short-Run Profit to the Long-Run for a Monopolistically Competitive Firm
9. Key Takeaways
10. Monopolistic Competition Quiz
11. In a World of Vast Streaming Options, the Customer Is Still King

Additional Market Structures Modules

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Economics Olympiad Prep Modules

Use these modules to prepare for success in the Economics Olympiad competition.

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Course curriculum

Content

Additional Market Structures Modules

Monopoly

Perfect Competition

Economics Olympiad Prep Modules