Topic Videos
Understanding the Spectrum of Competition - A Level and IB Economics
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC, NCFE, Pearson BTEC, CIE
Last updated 28 Jan 2025
In this video, we unravel the Spectrum of Competition—a fundamental concept in economics that explores the various market structures from perfect competition to monopolies. We'll guide you through key characteristics, real-world examples like supermarkets and tech giants, and essential terms like oligopoly and contestable markets.