IDEAS home Printed from https://ideas.repec.org/a/ids/ijplur/v3y2012i4p415-423.html
   My bibliography  Save this article

Is market power destructive? An undergraduate assignment using Adam Smith's criticisms of monopolies

Author

Listed:
  • Sara Bothun

Abstract

This paper describes an assignment where students evaluate a current industry using Adam Smith's arguments against monopoly power. Using Smith's arguments, students write a paper describing whether they believe a current industry, such as the US cellular phone carrier industry, suffers from the problems Smith described in The Wealth of Nations. This assignment invites students to take ownership over a current issue while developing a deep understanding of monopolies. By using Smith's criticisms of monopolies, students will also see that economic 'truths' are complicated, even in the classic 'laissez-faire' text.

Suggested Citation

  • Sara Bothun, 2012. "Is market power destructive? An undergraduate assignment using Adam Smith's criticisms of monopolies," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 3(4), pages 415-423.
    • Handle: RePEc:ids:ijplur:v:3:y:2012:i:4:p:415-423
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=52678
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijplur:v:3:y:2012:i:4:p:415-423. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=319 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.