Link to packet Wage map of Europe How do imports affect GDP? Link to research task
Advantages of large firms having significant market power, including:
Link to packet Sainsbury's and Asda told not to block rival stores https://www.nzherald.co.nz/business/mitre-10-vs-bunnings-500k-penalty-in-anti-competitive-land-dispute/F4FJU4GMUJGLHO3LPN7XAFSY7Q/ https://www.bbc.com/news/world-us-canada-65933102 https://www.theguardian.com/technology/2024/feb/19/why-is-apple-facing-a-500m-fine-from-eu-over-music-streaming?CMP=Share_iOSApp_Other Big Four accounting firms accused of ‘anti-competitive’ behaviour: docs.google.com/document/d/1oTfx87D3PVHN-gyRe0YAvEDCLsjvR1Yf-2V9XhglTMs/edit?usp=sharing
Oligopoly
Link to packet Link to game theory Link to article Morrisons and M&S follow rivals to cut food prices Great RWE : www.abc.net.au/listen/programs/themoney/the-concentration-of-the-beer-industry/103451412?utm_campaign=abc_listen&utm_content=link&utm_medium=content_shared&utm_source=abc_listen "Australia has one of the most concentrated beer markets in the world, and some of the highest prices too. Two foreign owned companies have about 85 per cent of the market with two retailers dominating the retail space. So where does that leave the other six hundred independent craft brewers in Australia who employ 51 per cent of the brewing industry."
www.revisionvillage.com/ib-economics/hl/past-papers/Monopolistic competition
Link to packet Revision Village exam question can be found here: www.revisionvillage.com/ib-economics/hl/past-papers/
Link to packet Barriers to entry - BBC article
Degrees of market power
Link to packet A video review of how to draw the diagrams and then some music videos about perfect competition:
Link to packet. Here is the link to the document:
docs.google.com/document/d/1L8CmmyZmqn4jBJG9wMAJxbG3WJBHGDDAmz7-ZOxX-Og/edit?usp=sharing and the other links from the doc (all can be found in the Admin tab above too) Planning document Sample commentaries IA1 Article Choice IA2 Article Choice IA3 Article Choice https://www.printfriendly.com … to remove ads from articles (nothing else should be removed… leave photos, charts, and all text in) Video on how to use the drawing function within Google Docs to create your graphs here
Link to resource packet and questions
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