Topics
Supernormal profit
Profit in excess of normal profit - also known as monopoly profit. Abnormal profits may be maintained in a monopolistic market in the long run because of barriers to entry
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In the News Teaching Activity – Card Factory profits slump (Sept 2024)
30th September 2024
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Berrynomics: The Juicy Crisis in British Agriculture
23rd July 2024
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4.1.4.7 Profit (AQA Economics)
Study Notes
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3.4.5 Monopoly Entry Barriers (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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3.3.4 Business Profits (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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Why is Coca Cola so profitable?
Study Notes
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Why is Apple so profitable?
Study Notes
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Why is RyanAir so profitable?
Study Notes
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Why is Tesco so profitable?
Study Notes
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Alternatives to Profit Maximisation Explained
Topic Videos
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Supernormal Profits - Biggest Oil and Gas Profit in History
12th March 2023
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Monopoly - Eli Lilly cuts prices of insulin by up to 70%
1st March 2023
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Economies of Scale and Business Profits
Topic Videos
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Why are the oil giants making such big (supernormal) profits?
13th February 2023
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Shell reports highest profits in 115 years
3rd February 2023
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Why is Ryanair so profitable?
1st February 2023
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How is Tesco so profitable?
29th January 2023
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Theory of the Firm - Egg farmers get squeezed by higher costs
8th November 2022
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Energy Economics - BP makes record profits
1st November 2022
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Shell makes record profits - calls mount for a windfall tax
27th October 2022
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Profit Margins - Are supermarkets taking advantage of drivers?
5th October 2022
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Centrica announces 500% increase in profit & £59m dividend
28th July 2022
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Key Diagrams - Monopoly Supernormal Profit
Topic Videos
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Key Diagrams - Long Run Shut Down Price
Topic Videos
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Revenues, Costs and Profits (Revision Quizlet Activity)
Quizzes & Activities
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Barriers to Entry (Quizlet Revision Activity)
Quizzes & Activities
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Economics of Monopoly (Revision Quizlet Activity)
Quizzes & Activities
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Profits and Entry Barriers in Markets Explained
Topic Videos
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Profits and Economic Efficiency Explained
Topic Videos
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Monopoly Power in Markets
Study Notes
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Monopoly - Price Discrimination
Study Notes
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Profit Maximisation
Study Notes
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Monopoly Power - Selection of Revision MCQs
Practice Exam Questions
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Essential Revision - Market Structures
Topic Videos
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Revenues and Profits - Selection of Revision MCQs
Practice Exam Questions
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Falling Demand and Changing Profits
Topic Videos
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Subnormal profits: LG exits the smartphone industry
5th April 2021
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Is fraud the business model of the prescription drug industry?
20th December 2016
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Marginal profit
Study Notes
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How Markets Work - The Price Mechanism
Teaching PowerPoints
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Costs Revenues and Profits - Key Terms
Study Notes
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Monopoly Power in Markets
Topic Videos
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Revision Presentation - Price and Output under Monopoly
Teaching PowerPoints
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Revision Presentation - Monopolistic Competition
Teaching PowerPoints
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Monopolistic Competition
Teaching PowerPoints
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Business Profits and Losses
Teaching PowerPoints
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Barriers to Entry
Teaching PowerPoints
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Price Discrimination, Welfare and Efficiency Exam Answer
Practice Exam Questions
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Monopoly Power in Markets - Applied Examples
Topic Videos
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Monopoly Profit Analysis
Topic Videos
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Monopoly and Economic Efficiency
Topic Videos
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Functions of Profit
Topic Videos
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Factors Affecting Business Profitability
Topic Videos
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Arguments against Price Discrimination
Topic Videos
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Arguments in Favour of Price Discrimination
Topic Videos
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Analysis Diagram: A Fall in Fixed Costs
Topic Videos
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Evaluating Monopoly (AS Micro)
Topic Videos
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Business Profits
Topic Videos
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Shut Down Price (Short Run)
Study Notes
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Monopolistic Markets - Revision Playlist
Topic Videos
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Barriers to Entry and Market Power
Topic Videos
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Monopoly (Online Lesson)
Online Lessons
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Essay Plan: Limits on Monopoly Power
Topic Videos
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Pure Monopoly and Monopoly Power
Topic Videos
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Profits and Changes in Fixed Costs
Topic Videos
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Profits and Changes in Demand
Topic Videos
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Calculating Total Profit from Diagrams
Topic Videos
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A* Evaluation on Barriers to Entry and Exit
Topic Videos
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A* Evaluation on Business Profits
Topic Videos
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Advantages and Disadvantages of Monopoly Power
Topic Videos
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Why are glasses so expensive?
16th May 2019
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Key Micro Diagrams (Market Structures)
Topic Videos
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Monopoly: A to Z of Key Concepts and Examples
Topic Videos
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Normal and Abnormal Profit
Topic Videos
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Natural Monopoly (Chain of Analysis)
Topic Videos
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Asda-Sainsbury Merger under threat from the CMA
Study Notes
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Contestable Markets (Chain of Analysis)
Topic Videos
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Monopoly - Applied Data on UK Market Shares
Topic Videos
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Economies of Scale and Profits
Topic Videos
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Long Read: Do companies have too much monopoly power?
27th July 2018
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Profit
Study Notes
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Profit Concepts Defined
Study Notes
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Functions of Profit
Study Notes
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Factors that Affect Business Profitability
Study Notes
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Monopoly - Price and Output for a Monopolist
Study Notes
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Barriers to Entry and Economic Profit (Revision Essay Plan)
Practice Exam Questions
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CMA to investigate funeral price fixing
1st June 2018
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Abnormal and Sub-Normal Profits - Key Diagrams
Topic Videos
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Monopoly Power (MCQ Revision Questions)
Practice Exam Questions
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Monopoly Power and Economic Welfare
Topic Videos
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Monopolistic Markets (MCQ Revision Questions)
Practice Exam Questions
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Could an energy price cap stifle competition?
11th December 2017
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Monopoly Pricing (Multiple Choice Question)
Practice Exam Questions
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Is the UK too tolerant of monopolies?
15th October 2017
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Profit Satisficing and Profitability Factors
30th January 2014
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Profits Explained by the Financial Times
23rd February 2016
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Sainsburys agrees a deal with Home Retail (Argos)
3rd February 2016
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The Price of Blue and Pink - Gender Pricing Under Scrutiny
21st January 2016
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The Invisible Hand of the Ticket Tout
1st March 2015
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Monopoly and Welfare: Over-pricing for school uniforms
16th October 2015
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Dynamic Pricing from Digital Profiles
8th November 2015
