Topics
Supernormal profit
Profit in excess of normal profit - also known as monopoly profit. Abnormal profits may be maintained in a monopolistic market in the long run because of barriers to entry
-
Theory of the Firm - Egg farmers get squeezed by higher costs
8th November 2022
-
Energy Economics - BP makes record profits
1st November 2022
-
Shell makes record profits - calls mount for a windfall tax
27th October 2022
-
Profit Margins - Are supermarkets taking advantage of drivers?
5th October 2022
-
Centrica announces 500% increase in profit & £59m dividend
28th July 2022
-
Key Diagrams - Monopoly Supernormal Profit
Topic Videos
-
Key Diagrams - Long Run Shut Down Price
Topic Videos
-
Revenues, Costs and Profits (Revision Quizlet Activity)
Quizzes & Activities
-
Barriers to Entry (Quizlet Revision Activity)
Quizzes & Activities
-
Economics of Monopoly (Revision Quizlet Activity)
Quizzes & Activities
-
Alternatives to Profit Maximisation Explained
Topic Videos
-
Profits and Entry Barriers in Markets Explained
Topic Videos
-
Profits and Economic Efficiency Explained
Topic Videos
-
Monopoly Power in Markets
Study Notes
-
Monopoly - Price Discrimination
Study Notes
-
Profit Maximisation
Study Notes
-
Monopoly Power - Selection of Revision MCQs
Practice Exam Questions
-
Essential Revision - Market Structures
Topic Videos
-
Revenues and Profits - Selection of Revision MCQs
Practice Exam Questions
-
Falling Demand and Changing Profits
Topic Videos
-
Subnormal profits: LG exits the smartphone industry
5th April 2021
-
Is fraud the business model of the prescription drug industry?
20th December 2016
-
Marginal profit
Study Notes
-
How Markets Work - The Price Mechanism
Study Presentations
-
Costs Revenues and Profits - Key Terms
Study Notes
-
Monopoly Power in Markets
Topic Videos
-
Revision Presentation - Price and Output under Monopoly
Study Presentations
-
Revision Presentation - Monopolistic Competition
Study Presentations
-
Monopolistic Competition
Study Presentations
-
Business Profits and Losses
Study Presentations
-
Barriers to Entry
Study Presentations
-
Price Discrimination, Welfare and Efficiency Exam Answer
Practice Exam Questions
-
Monopoly Power in Markets - Applied Examples
Topic Videos
-
Monopoly Profit Analysis
Topic Videos
-
Monopoly and Economic Efficiency
Topic Videos
-
Functions of Profit
Topic Videos
-
Factors Affecting Business Profitability
Topic Videos
-
Arguments against Price Discrimination
Topic Videos
-
Arguments in Favour of Price Discrimination
Topic Videos
-
Analysis Diagram: A Fall in Fixed Costs
Topic Videos
-
Evaluating Monopoly (AS Micro)
Topic Videos
-
Business Profits
Topic Videos
-
Shut Down Price (Short Run)
Study Notes
-
Monopolistic Markets - Revision Playlist
Topic Videos
-
Barriers to Entry and Market Power
Topic Videos
-
Monopoly (Online Lesson)
Online Lessons
-
Essay Plan: Limits on Monopoly Power
Topic Videos
-
Pure Monopoly and Monopoly Power
Topic Videos
-
Profits and Changes in Fixed Costs
Topic Videos
-
Profits and Changes in Demand
Topic Videos
-
Calculating Total Profit from Diagrams
Topic Videos
-
A* Evaluation on Barriers to Entry and Exit
Topic Videos
-
A* Evaluation on Business Profits
Topic Videos
-
Advantages and Disadvantages of Monopoly Power
Topic Videos
-
Why are glasses so expensive?
16th May 2019
-
Key Micro Diagrams (Market Structures)
Topic Videos
-
Monopoly: A to Z of Key Concepts and Examples
Topic Videos
-
Normal and Abnormal Profit
Topic Videos
-
Natural Monopoly (Chain of Analysis)
Topic Videos
-
Asda-Sainsbury Merger under threat from the CMA
Study Notes
-
Contestable Markets (Chain of Analysis)
Topic Videos
-
Monopoly - Applied Data on UK Market Shares
Topic Videos
-
Economies of Scale and Profits
Topic Videos
-
Long Read: Do companies have too much monopoly power?
27th July 2018
-
Profit
Study Notes
-
Profit Concepts Defined
Study Notes
-
Functions of Profit
Study Notes
-
Factors that Affect Business Profitability
Study Notes
-
Monopoly - Price and Output for a Monopolist
Study Notes
-
Barriers to Entry and Economic Profit (Revision Essay Plan)
Practice Exam Questions
-
CMA to investigate funeral price fixing
1st June 2018
-
Abnormal and Sub-Normal Profits - Key Diagrams
Topic Videos
-
Monopoly Power (MCQ Revision Questions)
Practice Exam Questions
-
Monopoly Power and Economic Welfare
Topic Videos
-
Monopolistic Markets (MCQ Revision Questions)
Practice Exam Questions
-
Could an energy price cap stifle competition?
11th December 2017
-
Monopoly Pricing (Multiple Choice Question)
Practice Exam Questions
-
Is the UK too tolerant of monopolies?
15th October 2017
-
Profit Satisficing and Profitability Factors
30th January 2014
-
Profits Explained by the Financial Times
23rd February 2016
-
Sainsburys agrees a deal with Home Retail (Argos)
3rd February 2016
-
The Price of Blue and Pink - Gender Pricing Under Scrutiny
21st January 2016
-
The Invisible Hand of the Ticket Tout
1st March 2015
-
Monopoly and Welfare: Over-pricing for school uniforms
16th October 2015
-
Dynamic Pricing from Digital Profiles
8th November 2015
