Micro 4.5 - Oligopoly and Game Theory: What you need to know for the exam!

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This video covers topic 4.5 of the AP Microeconomics Course Exam Description (CED). It goes over the qualities of the oligopoly market structure and provides a detailed explanation of how to solve Game Theory Pay-off Matrix questions.

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I got the flu and missed 5 days of school in a row, the entirety of our Oligopoly unit. I learned everything I needed for our test from this 12 min video, you did a fantastic job of explaining it clearly and efficiently. Thanks!

EthanDBG
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literally cannot thank you enough for that double nash equilibrium example

trishabrown-zrik
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This is very straightforward. Thank you!

justiniansu
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U saved my life! Such a based video!!!

hydrate
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Explained so well and clearly. Thank you.

ThomasBeacom
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4:16 I think there’s a mistake. It’s both supposed to be raise price.

littleuppie
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Do you have any predictions for this year's micro exam?

amyliu
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They should put you as a collegeboard teacher

aoph
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can u send the link of the video for the last question

Mouath
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Quite confused on the 4:10 timestamp. How does Ryan's lower price on the 4th quadrant when it says raise price? Shouldn't it be both raising prices?

fleqks
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Lowk the reviews on this channel are better than Mr. Clifford’s

trasharder