This video covers topic 4.2 of the AP Microeconomics Course Exam Description (CED). It goes over the basics of the monopoly market structure along with how to draw and analyze a monopoly graph.
To read more about this topic, head to this link: www.reviewecon.com/monopoly
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I would like to acknowlege the work of Dick Brunelle and Steven Reff from Reffonomics.com who’s work inspired many of the review games on ReviewEcon.com. I would also like to thank Francis McMann, James Chasey, and Steven Reff who taught me how to be an effective AP Economics teacher at AP summer institutes; as well as the countless high school teachers, and college professors from the AP readings, economics facebook groups, and #econtwitter.