This week’s topics
Markets in real life
- Supermarkets, phone networks and tech platforms
- Which structure is which?
What you will be able to do
- 4.2 Identify examples of each structure in real markets.
Activity
Classify five real markets and justify your choice.
Study materials
Further resources
- Principles of Economics 3e, ch. 10.1–10.2: Monopolistic competition and oligopoly · PDF · OpenStax (2022), supermarkets, phone networks, platforms; pp. 238–252 · for registered students
- Principles of Management, ch. 8.4: Porter's five forces · PDF · OpenStax (2019), judging competition in a real market; pp. 228–230 · for registered students
- Antitrust in a time of populism · Open-access article · Shapiro (2018), International Journal of Industrial Organization. Real cases from tech platforms, phone networks and retail: which market structure fits? · for registered students
- Digital Economics · Open-access article · Goldfarb and Tucker (2019), Journal of Economic Literature. How tech platforms compete and why some markets end up with one or two big players. · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
