Curated OER
Economic Problems and Adjustments
This packet does not contain problems for students to solve, however it provides a complete description of the allocation of resources in a competitive market. One could send this resource home as an assigned reading or have students...
Wikimedia
Wikipedia: Perfect Competition
This site provides a clear description of the requirements and conditions needed in a market for it to be labeled a perfectly competitive market. The topics of allocative efficiency and productive efficiency are also addressed.
Khan Academy
Khan Academy: Efficiency and Perfect Competition
Practice what you have learned about productive efficiency and allocative efficiency in perfect competition in the short run and the long run.
Khan Academy
Khan Academy: Efficiency in Perfectly Competitive Markets
Why are perfectly competitive markets efficient?
Tutor2u
Tutor2u: Perfect Competition Introduction
This website describes the conditions of a "perfectly competitive" market structure, and the obstacles that the individual firm in this market will face.