Economics 12
2017
Ms. Sihota
Market Structures Assignment
Based on your notes and the brief descriptions and definitions of the most commonly
known market structures (Perfect Competition, Monopolistic Competition, Oligopoly &
Monopoly,) create an informative poster guide that represents all four market structures.
Your poster must include the following information:
o
o
o
o
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
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly
State— the exact definition of each market structre.
Elaborate—Explain what defines each market structure in as much depth as you
can.*Remember this is a poster, not an essay!* Explain by giving the characteristics
and what makes an industry fit this market structure.
Exemplify—give at least 2 real world examples of industries and then companies (that
place the industry) into the particular category of market structure. Then apply the
characteristics to “prove” that the particular industry and companies fall under the
market structures that you indicated.
Illustrate—Draw, cartoon, diagram, or picture elements of this market structure.
What sets this market structure apart—illustrate this difference! You are free to use
company names and industries here.
How to structure your poster
Examples
Economics 12
2017
Ms. Sihota