Monday, October 16th, 2006

Market Failures: Monopoly


Students shall be able to

  1. define monopoly.

  2. identify characteristics of monopoly.

  3. explain how a monopolist maximizes profit.

  4. list examples of monopoly.

  5. define natural monopoly.



  1. Students shall watch "Economics USA: Monopoly."

  2. Answer questions from the video.


  1. Watch "Economics USA: Monopoly."

  2. Answer questions from "Economics USA: Monopoly" on the left side of your notebook.



Monitor and adjust as necessary. Check student responses in the notebook.

TEKS involved: 2A, 2B, 2C, 2D, 4A, 4B, 7A, 9C, 12B, 15A, 15B, 19A, 19D, 21A, 23B, 24A, 24B, 24C, 24D, 26B, 26C, 26D