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SS2: ECONOMICS - 2ND TERM

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  1. Economic System | Week 1
    5 Topics
    |
    1 Quiz
  2. Labour Market I | Week 2
    4 Topics
    |
    1 Quiz
  3. Labour Market II | Week 3
    4 Topics
    |
    1 Quiz
  4. Elementary Treatment of Utility | Week 4
    4 Topics
    |
    1 Quiz
  5. Price Determination I | Week 5
    5 Topics
    |
    1 Quiz
  6. Price Determination II | Week 6
    3 Topics
    |
    1 Quiz
  7. Price Determination III | Week 6 contd
    5 Topics
    |
    1 Quiz
  8. Market Structure I | Week 7
    3 Topics
    |
    1 Quiz
  9. Market Structure II | Week 8
    6 Topics
    |
    1 Quiz
  10. Industries in Nigeria | Week 9
    4 Topics
    |
    1 Quiz
  11. Industries in Nigeria | Week 9 contd
    7 Topics
    |
    1 Quiz
  12. Agricultural Policies | Week 10
    3 Topics
    |
    1 Quiz
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Lesson 8 of 12
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Market Structure I | Week 7

Performance Objectives:

By the end of this lesson, you should be able to:

  • Define the concept of market
  • Mention the types of markets based on the goods sold or purchased
  • List the types of markets based on their relative competitions
  • Explain the perfect market and the basic features
  • Identify the profit-maximizing behaviour of a firm operating under the perfect competition

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