ECO 365 Week 4 Team Reflection - Public Policy in Economics

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Discuss this week’s objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field.

Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

This week for Learning Team C was very difficult and met with many challenges. We struggled on understanding the differences in market structures. The four types we discussed were monopoly, oligopoly, monopolistic competition, and perfect competition markets. Specifically, it was difficult to understand the differences in the market structures and how companies operate within each model.
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