Economics extended essay oligopoly

Two extreme market forms are monopoly characterised by the existence of a single seller and perfect competition characterised by a large number of sellers. Competition is of two types- perfect competition and monopolistic competition. In monopoly there is no rival.

Economics extended essay oligopoly

Abstract The grocery market of Bogor has been facing a significant change during the past several years. Sudden emergence of new suppliers has more than doubled the number of existing supermarkets.

I took interest at the fact that despite of the sudden increase in the number of suppliers, there never was a price decrease. This signifies that the market is experiencing Over Supply. I decided to investigate whether the strain caused by the over supply have changed a particular part of the market structure of the supermarkets of Bogor.

I took a keen interest at whether the original supermarkets of Bogor form a tacit oligopoly to compete against new competitors. My first step was to investigate whether the supermarkets shows characteristics of an oligopoly.

Several factors are apparent; the number of firms in the market is small, their size is relatively big, their products are slightly differentiated, and the entry barriers are high. To further strengthen my claim concerning the barrier, I have studied a small portion Economics extended essay oligopoly two legal documents that concerns starting a supermarket business.

Afterwards, I have recorded product prices and performed statistical analysis to determine whether the price range is narrow. I then compare the prices of the new supermarkets and all the supermarkets of Bogor as a whole.

The result shows that indeed there is an oligopoly; yet it extends to reach the new supermarkets. This means that the original supermarkets have not segregated themselves to attempt gain business power e. New questions are formed based on the results. Among them is whether the oligopoly intentional or has competition with other suppliers, e.

These questions require further researches that are likely to orientate to the Business Studies disciplines.

IB Economics notes on Oligopoly. Oligopoly Assumptions of the model Game theory Open/formal collusion Tactic/informal collusion. The IB Extended Essay (or EE) is a 4, word structured mini-thesis that you write under the supervision of an advisor (an IB teacher at your school), which counts towards your IB Diploma (to learn about all of the IB diploma requirements, check out our other article). Economics extended essay oligopoly It can negotiate binding contracts that the oligopoly. Sup p at dallas county community college essay help writing: order the very high.

An Introduction to the Essay 3 Part 2: The Present Market Profile 5 Part 3: Review of Relevant Theories 7 Part 4: Hypothesis and Methodology of Research 10 Part 5: Data Collection and Analysis 12 Part 6: The city was established as a center of trade for local agricultural industries Encarta.

As a citizen of the city ever since birth, I know well that the grocery market of the city is massive. The market status, however, have taken a significant turn during the last 10 years. Numerous new suppliers entered the market; among them are as much as five new supermarkets doubling the present numbertwo hypermarkets, and two new mini-market chains.

Among the very basic principles taught to economics students is the Market Equilibrium law. It states that the demand and supply of a product is dependent of the price level. The consumers prefer lower prices while the suppliers prefer higher prices.

Hi. Im in IBDP 1 and Im currently doing my extended essay in economics. I decided to do market structures, particularly on the oligopoly in the juice industry in my area. Market Structure Economics Extended Essay Topic. submitted 3 months ago by Alicerendipity. Hi! senior student here. I have decided to make my Econ EE on a nearby farmers market, analyzing it's market structure. You can't simply comment on a market structure, there has to be a noticeable change in that structure e.g. from a oligopoly to. Economics Extended Essay The Extended Essay (EE) is an independent, self-directed piece of research, culminating in a 4,word paper. Along with Theory of Knowledge (TOK) and CAS, the EE is an important component in the IB Core (Read more about the IB core here).

Where the two quantities met, it is called the Equilibrium point. Collier, Diagram 1.

Economics extended essay oligopoly

The Micro Economic Model of the Grocery Market A sudden increase in supply that was not due to a price change signifies that there is a shift in the Supply line. This shift will cause the equilibrium to increase in quantity but decrease in price Collier, However, there never was a significant price decrease in the grocery market of Bogor.EE: Economics Overview An extended essay (EE) in economics provides students with an opportunity to: • undertake in-depth research in economics in an area of personal interest to them • develop research skills • apply economic theory to real-world situations • make inferences based on real-world data • analyse and evaluate the outcomes of their research.

Economics Extended Essay The Extended Essay (EE) is an independent, self-directed piece of research, culminating in a 4,word paper. Along with Theory of Knowledge (TOK) and CAS, the EE is an important component in the IB Core (Read more about the IB core here). Economics Extended Essay on Market Structure watch.

Announcements. Well, I know the market structure is an oligopoly so is there a better way to structure my topic? I want to analyze the market structure more, so is a title "to what extent is the market an oligopoly" make sense?

Extended Essay in Economics IB Extended Essay Titles. Extended Essay - Free download as Word Doc .doc /.docx), PDF File .pdf), Text File .txt) or read online for free/5(3). Covers internal assessments, economics extended essays and revision material!

Economics extended essay oligopoly

Economics Extended Essay The Extended Essay (EE) is an independent, self-directed piece of research, culminating in a 4,word paper. IB Economics notes on Oligopoly. Oligopoly Assumptions of the model Game theory Open/formal collusion Tactic/informal collusion.

Economics Extended essay HELP!!! - Market structure issue! - The Student Room