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128 days ago by Jason Welker

This week in AP Microeconomics students get to play online games, watch movies, and compete with their classmates in strategic competitions in which there are proud winners and sad losers. That’s right, we’re studying oligopoly! What makes oligopolistic markets, which characterized by a few large fi ...

Welker's Wikinomics Blog - welkerswikinomics.com/blog · 26 references

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130 days ago by Jason Welker

Chicago, Seattle first markets to get instant Starbucks — chicagotribune.com I consider myself a Seattleite. I discovered the joy of drinking coffee in the home of Starbucks, Tully’s, Seattle’s Best, and countless local coffee shops that inhabit every corner of the rainy city. To me, the experience ...

Welker's Wikinomics Blog - welkerswikinomics.com/blog · 26 references

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158 days ago by Jason Welker

In AP and IB Economics, we are currently learning about how firms in imperfectly competitive markets differentiate their products in order to increase their market power and their price-making power. In a market with a few large firms such as the laptop computer market, companies must do what they c ...

Welker's Wikinomics Blog - welkerswikinomics.com/blog · 26 references