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Revision: Natural Monopolies

Geoff Riley

17th April 2008

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This revision note is aimed at A2 economics students and those studying for the International Bacc. It looks at the idea of a natural monopoly and considers examples of industries with characteristics of natural monpoly in Britain and how competition policy has sought to oversee efficiency and welfare for producers and consumers.

Revision note: Revision_Natural_Monopoly.pdf

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.