Objectives / 学习目标
- Understand the four main market structures 理解四种主要的市场结构
- Identify real-world examples of each type 识别每种类型的实际例子
- Analyze how competition affects consumers and prices 分析竞争如何影响消费者和价格
- Learn key economics vocabulary 学习关键经济词汇
Key Vocabulary / 关键词汇 (Part 1)
Market Structure (市场结构) - How a market is organized
Perfect Competition (完全竞争) - Many sellers, identical products
Monopoly (垄断) - One seller controls the market
Oligopoly (寡头垄断) - Few sellers control the market
Key Vocabulary / 关键词汇 (Part 2)
Monopolistic Competition (垄断性竞争) - Many sellers, differentiated products
Supply and Demand (供给和需求) - Forces that determine prices
Price (价格) - What consumers pay
Product Differentiation (产品差异化) - Making products different
Key Vocabulary / 关键词汇 (Part 3)
Advertising (广告) - Promoting products to consumers
Collusion (串通) - Secret cooperation between companies
Price Fixing (价格操纵) - Illegally setting prices together
Barriers to Entry (进入壁垒) - Obstacles for new businesses
What is it?
Market structures describe the organization and characteristics of a market.
市场结构描述市场的组织方式和特征。
Questions to ask
- How many sellers? 有多少卖家?
- Same or different products? 产品相同还是不同?
- Easy for new businesses? 新企业容易进入吗?
What can you buy in the school?
1. Perfect Competition / 完全竞争
Characteristics / 特征:
- Many buyers and sellers 许多买家和卖家
- Identical products (完全相同的产品)
- Easy to enter and exit 容易进入和退出
- Businesses are price takers (价格接受者)
Price in Perfect Competition / 完全竞争中的价格
Key Question / 关键问题
How is price determined? 你认为价格是如何决定的?
Price is set by Supply and Demand 价格由供给和需求决定
Supply and Demand Graph / 供给和需求图表
Discussion: Competition Methods
讨论:竞争方式
1. Perfect Competition / 完全竞争:
In perfect competition, all products are the same.
在完全竞争中,所有产品都是相同的。
If products aren’t the same, how can businesses compete?
如果产品不同,企业如何竞争?
- Better quality 更好的质量
- Lower prices 更低的价格
- Advertising 广告
- Better service 更好的服务
- Brand image 品牌形象
2. Monopolistic Competition / 垄断性竞争
Characteristics / 特征:
- Many sellers 许多卖家
- Differentiated products (差异化产品)
- Some price control (价格管制)
- Heavy advertising (大量广告)
Examples of Monopolistic Competition / 垄断性竞争的例子
What are some examples? 有哪些例子?
What businesses can you think of?
- Restaurants 餐厅 (Chinese, Italian, Mexican)
- Coffee shops 咖啡店 (Starbucks, Luckin, local cafes)
- Clothing brands 服装品牌 (Nike, Adidas, Li-Ning)
- Phone brands 手机品牌
Advertising Campaigns / 广告活动
Can you think of famous ads? / 能想到著名广告吗?
Advertising that shows product differences: 展示产品差异的广告:
- Nike: “Just Do It” - sports performance 运动表现
- Apple: “Think Different” - innovation 创新
- Coca-Cola vs Pepsi: Taste tests, lifestyle 口味测试,生活方式
Why spend so much on advertising? 为什么花这么多钱做广告?
Characteristics / 特征:
- Few large sellers (e.g., 2-10 companies) 少数大公司
- High barriers to entry (高进入壁垒)
- Products: can be similar or different 产品:相似或不同
- Companies are interdependent (相互依存)
Examples of Oligopolies / 寡头垄断的例子
What industries have few big companies? / 哪些行业只有几家大公司?
Can you name some? 你能说出一些吗?
- Smartphones 智能手机: Apple, Samsung, Huawei
- Cars: Toyota, VW, GM, Tesla
- Soft drinks: Coca-Cola, Pepsi
- Airlines 航空公司: Few major carriers
Collusion and Price Fixing / 串通和价格操纵
Why is this negative? / 为什么是负面的?
Collusion (串通) = Secret cooperation between companies
Price Fixing (价格操纵) = Illegally agreeing on prices
This is illegal in most countries! 在大多数国家是非法的!
Who Gets Hurt? / 谁受到伤害?
Discussion / 讨论
Why is collusion considered negative?
为什么串通被认为是负面的?
- Eliminates competition 消除竞争
- Artificially high prices 人为抬高价格
- No consumer choice 消费者没有选择
- Consumers (消费者) pay more 支付更多
- New businesses 新企业 cannot enter 无法进入
- Economy 经济 becomes inefficient 效率降低
4. Monopoly / 垄断
Characteristics / 特征:
- ONE seller controls everything 单个卖家控制所有
- No close substitutes 没有相近替代品
- Very high barriers to entry (极高的进入壁垒)
- Complete price control 完全价格控制
The Game vs. Real Life / 游戏与现实
Who has played Monopoly (the game)? 谁玩过垄断游戏?
How to Win at Monopoly
- Buy all properties 买下所有房产
- Charge high rent 收取高租金
- Eliminate opponents 淘汰对手
- Control everything 控制一切
Just like a real monopoly! 就像真实的垄断!
Which market structure is best for:
哪种市场结构最适合:
- Consumers? 消费者?
- Businesses? 企业?
- The economy? 经济?
Vocabulary Review Cards / 词汇复习卡
Match the English and Chinese: 匹配英文和中文:
- Perfect Competition ↔︎ 完全竞争
- Monopoly ↔︎ 垄断
- Oligopoly ↔︎ 寡头垄断
- Product Differentiation ↔︎ 产品差异化