Oligopolies and Game Theory

Young economists practice designing game theory matrices and determining dominant strategy in firms using an instructional video by an experienced economics teacher.

What are oligopolies, and how do they use game theories in order to strategize and consider how competitors will respond? Check out this well-produced video in which a fantastic presenter uses clips from the film The Dark Knight, as well...

Competition makes the economy go 'round! Learn about non-price competition and other elements of game theory, along with the details of oligopolies, with a video from Crash Course Economics.

Every political theory needs a devil's advocate. Discussing Karl Marx with your classroom creates a healthy debate about the pros and cons of the capitalistic system and government. Last in a series of 13, the video includes primary...

Before you delve into a series of videos on microeconomics and imperfect competition, watch this video to get a general overview of the unit's key points, such as how demand in a monopoly is identified on a graph, oligopolies, and...

Can capitalism have virtue? Adam Smith thinks so! The 12th video in a series of 13 discusses Smith's political and economic views. Pupils discover these concepts and more through primary source photographs and examples that relate to...

Game theorists will love the challenge proposed in this video. Every player has the same information (common knowledge) and must guess the closest whole number that represents 2/3 of the average of all numbers other players guessed.

View a throughly humorous, sometimes confusing, and absolutely delightful take on the game theory behind two strategies that help players win at the classic Rock Paper Scissors game. Nothing beats this great resource!

I love classroom games, and this plan deftly describes how you can use the game Concentration across the curriculum to reinforce skills. I wish I would have thought of this when I was teaching this age level. These kinds of games are...

After the Revolutionary War, the success of the United States was far from guaranteed. Foreign powers coveted the new land, and Great Britain challenged American sovereignty. Learners consider the challenges facing the new nation using...