Oligopoly & Game Theory

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Oligopoly and game theory examine how a small number of interdependent firms make strategic decisions, where each firm’s outcome depends not only on its own choices but also on the actions of its competitors.

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Course curriculum

1. Oligopoly
2. Oligopoly Characteristics
3. The Illusion of Choice in Consumer Brands
4. Game Theory
5. The Evolution of Trust
6. Elements of Game Theory
7. What is a payoff matrix?
8. What is a payoff matrix?
9. How does a payoff matrix work?
10. Nash Equilibrium
11. What happens when players collude?
12. Oligopoly & Game Theory Quiz
13. Two Game Theory Lessons from HBO’s Hit Show ‘Succession’

Additional Market Failure and Strategic Behavior Modules

Compete in the 2026 Economics Olympiad Americas Challenge

The Economics Olympiad is the world’s largest and most prestigious international competition that ignites the minds of young individuals and empowers them with essential economic knowledge and skills. Through a multi-stage structure, participants embark on a transformative journey, competing at the school, national, and international levels with the finals held in the birthplace of the Olympic Games—Ancient Olympia, Greece.

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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 Failure and Strategic Behavior Modules

Asymmetric Information, Moral Hazard, and Signaling

Price Controls

Types of Goods

Tax

Externalities

Economics Olympiad Prep Modules