Market Power
Join 4,600+ students worldwide who rated this course 4.9/5 stars
About the Course...
A deeper appreciation for Economics and its real-world impact.
How firms price goods and services based on market dynamics.
The key characteristics of monopoly, oligopoly, perfect competition, and monopolistic competition.
How market structures shape pricing strategies and influence business decisions globally.
90+ Video Lessons - Learn at your own pace with engaging and thorough lessons covering everything from monopolies to oligopolies and price discrimination. Each video is designed to simplify complex concepts and bring them to life.
IB-Specific Lesson Slides - Stay on track with clear, syllabus-aligned slides that focus on the key points you need to know for success.
Instructor’s Notes - Get insider tips, examples, and insights from an experienced IB educator to deepen your understanding and sharpen your exam technique.
Key Terms & Vocabulary - Master the essential language of Market Power with a glossary of IB-specific terms to help you articulate your ideas confidently.
Exam Practice Questions - Put your knowledge to the test with targeted questions modeled on IB exams, complete with solutions to guide your learning.
Introduction to Market Power - Explore the key themes of market power and how they shape economic decision-making.
Understanding Costs, Revenue, and Profit - Learn the core concepts of costs, revenue, and profit, including economic profit, break-even price, and the profit-maximizing level of output.
Market Structures and Firm Behavior - Examine perfect competition, monopoly, monopolistic competition, and oligopoly—how they operate and influence market outcomes.
Efficiency and Market Outcomes - Analyze productive and allocative efficiency in different market structures, both in the short-run and long-run.
Real-World Applications and Exam Practice - Apply key concepts to real-world scenarios and IB-style exam questions to strengthen understanding and test readiness.
This course will give you a love of Economics that I hope is contagious!
And also a clear, in-depth understanding of how firms set prices, compete, and maximize profits in different market structures. You'll learn how costs, revenue, and profit interact, why market power matters, and how real businesses make pricing decisions.
Anyone interested in learning about Economics
IB Economics Students
University Students
And especially adults who had a horrible Economics teacher in university!
Join 4,600+ students worldwide who rated this course 4.9/5 stars.
"I never could've gotten a 7 on the IB Exam with Brad's courses. I bought all five. The best investment I could've made."
Your satisfaction matters to me. If this course doesn't meet your expectations, I’ll gladly provide a refund.
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Why this course has been trusted by 4,600+ students worldwide...
Emma | Switzerland
Microeconomics + 4 More
Sam | South Africa
Macroeconomics + 3 More
Diego | Germany
Microeconomics + 3 More
Eliza | Canada
Macroeconomics +3 More
Ithica | Chile
Microeconomics + 3 More
Takahashi | Japan
Market Power + 3 More
Brenda | United States
Introduction to Economics + 4 More
Alexa | Argentina
Introduction to Economics + 4 More
William | United Kingdom
The Global Economy + 2 More
Join 4,600+ students worldwide who rated this course 4.9/5 stars.
"I never could've gotten a 7 on the IB Exam with Brad's courses. I bought all five. The best investment I could've made."
Your satisfaction matters to me. If this course doesn't meet your expectations, I’ll gladly provide a refund.
"Brad’s teaching style is unmatched!"
Sofia Auburn
United States of America
Tiziano Rocca
Italy
Takahashi Sato
Japan
Achillefs Papapanagiotou
Greece
Ithaca Jones
United Kingdom
Thananant Sibunruang
Thailand
Bridgett Joseph
United States of America
Assel Assel
Kazakhstan
Mateusz Maslowski
Poland
David Sherman
United Kingdom
Sandeep Joshi
United States of America
Ajeeth Kotze
South Africa
James Thomas
Australia
Sofia Auburn
United States of America
Michael Jones
United Kingdom
Emily White
United States of America
Join 4,600+ students worldwide who rated this course 4.9/5 stars.
"I never could've gotten a 7 on the IB Exam with Brad's courses. I bought all five. The best investment I could've made."
Your satisfaction matters to me. If this course doesn't meet your expectations, I’ll gladly provide a refund.