Economics

Unit 2 | Topic 4.4 | Regulation and Deregulation

When does the government regulate competition?

Objectives

• Explain how firms might try to increase their market power.

• List three market practices that the government regulates or bans to protect competition.  

• Define deregulation, and list its effects on several industries.

Procedure

1. Review the Aim and notes from your initial text read.

2. Participate in the corresponding lesson topic presentation, revising notes.

3. Watch corresponding video(s); further revising notes.

4. Complete teacher instructed assignments.

Extension

• Excogitate and pore over notes for upcoming topic assessment.