Perfect Competition Vs Monopoly in terms for prices and output for consumers

Grade 8A Economics

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Case Studies based Question

Perfect competition is one type of market structure with a number of distinctive characteristics. It is often compared favourably with monopoly.

2. Discuss whether pricing and output policies in perfect competition are more favourable to the consumer than those in monopoly. 
3. 
   

Last date for Submission: 

March  10rd,  2014

Please Write Your Response in 500 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Who benefits more from competition: Consumer, firms or government.

Grade 8A

News 1: Increase Competition Among Banks to Help Small Businesses

News 2: Energy: Is there enough competition in the market?

News 3: Cement firms to face more competition after inquiry

News 4: Can India's traditional family firms beat competition?

News 5: More competition in banking depends upon a more feasible plan

News 6: Competition Commission orders two healthcare groups to sell nine hospitals

News 7: European Commission rejects Google's latest proposals to settle antitrust case

News 8: Car insurance too high, says Competition Commission

News 9: Google, the EU and antitrust Search over: The third attempt at a settlement is likely to be the last

News 10: Ed Miliband to call for banking competition inquiry

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Case Studies based Question

Please read above mentioned news articles and use the information in preparing your article for the given question. I will appreciate if you use other referenced information in support of your answer.   

In business competition encourages the firms to be more efficient, productive and cost effective. It helps them to gain greater market share, maintaing higher profits and boasting themselves as a market leader. But all this comes at a cost. Firms spends lots of resources to maintain their advantage over the rival firms through price and non price competing strategies. 

  Discuss up to a what extent you agree that competition is more beneficial to consumers then to firms as it provides them better goods and services. 

March 2nd  2014

Please Write Your Response in 500 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

How mergers benefits the society?

News 1: Microsoft-Nokia move could revolutionise mobile market, competing with Apple, Google

News 2: Microsoft buys Nokia’s handset business

News 3: Microsoft buys Nokia phones: smart move or desperate gamble?

News 4: Washington Post sold to Amazon founder Jeff Bezos

News 5: Fly the merging skies

News 6: VW, Porsche shares gain on tie-up plans

For Grade 8A

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New Case Studies Discuss Question

Please read the above mentioned news articles and use the know knowledge in preparing your article for give question.  

Its generally said that Mergers and Acquisitions are always in the favour of Multinational companies and big corporate houses, but are against the consumers and government finances. 

Discuss up to what extent you agree with the statement. 

Submit your article before 

February 10th 2014

Please Write Your Response in 500 Words

Note: 

1. Write with references.

2. Present market examples in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

   C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks