Skip to content

Course home

3.4.6 Monopsony
x

What Is a Monopsony?

What Is a Monopsony?

A monopsony is a market with a single or dominant buyer. In a labour market, this may be the only large employer in a town, such as the NHS being the dominant employer of nurses in a region.

3.4.6 Monopsony Lesson

  1. A Level
  2. /Economics
  3. /3.4.6 Monopsony

Step-by-step lessons covering Edexcel A A Level Economics 3.4.6 Monopsony for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.