Measuring Market Concentration I A Level and IB Economics

This topic looks at two measures of market concentration - namely the concentration ratio and the Herfindahl-Hirschman Index (HHI).
#aqaeconomics #ibeconomics #edexceleconomics

[@tutor2u-official]

More study resources on market concentration are available from the tutor2u website www.tutor2u.net/economics/topics/market-concentration

[@bettyboblitt9021]

I wish to thank you for this video. I am taking ECO 101 on-line and this has helped me very much. Unfortunately the course I'm taking doesn't contain video lectures.

[@mariagnezdilova5222]

This video is very helpful, but I think I was watching it mostly because of a really sweet British accent ☺️

[@tutor2u-official]

How kind

[@zeeshanareef6904]

Is the index1800 or 2000 to differentiate between competitive and concentrated markets?

[@yingqianzhang8516]

very very useful for me!!!

[@tutor2u-official]

Glad to hear that!

[@SXD1972]

so clear thank you!

[@adamf5018]

you are amazing !

[@tutor2u-official]

Wow, thank you! Thanks for leaving a comment.

[@terichellevlog]

appreciate it 🥂

[@rafikharkati3049]

Thank you.

[@denisseangeles2509]

Thanks

[@melaniealba269]

Nicely explained!

[@tutor2u-official]

Glad you think so!

[@talkingflute]

Maybe I'm wrong, but if a local radio station market consisted of two companies with 40% each, and of two other companies with 10% each, the HHI would be 1600+1600+100+100 = 3,600. And not 3,400. Am I missing something?

[@saajidmustun225]

1600+1600=3200 +100=3300+100=3400.

[@conradwenderski802]

Really helpful!

[@tutor2u-official]

Glad you think so!

[@andrewsailo3925]

Suppose if there are more than 200 firms in the industry how will I calculate HHI...Should I take all the firms into consideration.

[@mysteriousmarvel8735]

yes you have to