Module 3, Lesson 3.4: Corporate Power (Part 2)

Written By SCEPA

In this fourth lesson of Module 3, Professor Ghilarducci explores monopolies and oligopolies and how they impact workers and corporate competition. She reviews the characteristics that differentiate market structures, identifies four types of market structures, and dives deeper into pure or perfect competition, monopolistic competition, oligopolies, and pure monopolies.

By the end of this video (2/2), learners will be able to:

  • Define monopoly, oligopoly, monopsony, and competitive industry.

  • Analyze corporate competition and a firm's likelihood of survival.

SCEPA
Previous

Module 4, Lesson 4.2: The Five Drivers of Globalization
Next

Module 5, Lesson 5.2: Building a Thriving Society