180 days of learning

180 days of learning

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Ohmygopoly

November 1, 2012

When you shop, you probably have noticed that there are more choices available for some products than others. While there are dozens of brands of jeans in local stores, for example, there are usually only one or two cable television services available in your area. Why are there so many more choices in jeans?

In this activity about market structures, Mrs. Kruyer’s 12th grade Economics classes learned how and why market competition affects them every time they shop.

Econ groups were assigned one of the four market structures: perfect competition, monopolistic competition, oligopoly, monopoly. Groups researched the market structure and create a presentation for the class. The students were instructed to be as creative as possible.  The presentation had to include, but was not limited to, the following information.

  • characteristics of the market structure
  • role of competition within the market structure
  • examples of industries within the market structure

Mrs. Laura Kruyer is in her 2oth year of teaching at PCSC.  She is currently teaching Economics and U.S. History.

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