ECON3155 Competition Policy and the Economics of Regulation (H)
Later Year Course
| Offered By | School of Economics |
|---|---|
| Academic Career | Undergraduate |
| Course Subject | Economics |
| Offered in | Second Semester, 2010 and Second Semester, 2011 |
| Unit Value | 6 units |
| Course Description |
This course uses theoretical industrial organisation models as tools and analyse its application on competition policy and regulation. Our starting point would be the introduction of market definition and market power. We then consider the exercise of market power in a number of settings, such as through collusion, merger, vertical control, predation, and some non-price monopolization practices. Treatments of various potentially anti-competitive conducts in various guidelines will be discussed, including the ACCC merger guideline and Trade Practices Act 1974. In the last part of the course, we review the theory of economic regulation. The materials covered include the basic theory of regulation and its application in network industries. |
| Learning Outcomes | As for the Pass course but at greater depth for Honours students. |
| Indicative Assessment | The assessment will be based on a mid term test and a final exam, problem sets, and student discussion of anti-trust case studies. A full list of cases will be available in the beginning of the semester. The exams will differ from those offered at the Pass level. |
| Workload | Lectures and tutorials as for the pass course together with one honours class per week throughout the semester. |
| Areas of Interest | Economics and Law |
| Requisite Statement | Completion of or concurrent enrolment in ECON3057/ECON3157 Industrial Organisation (P/H) or ECON3101 Microeconomics 3. |
| Recommended Courses | ECON2101 Microeconomics 2, if entering with Industrial Organisation requisite; ECON3057/ECON3157 Industrial Organisation (P/H) if entering with Microeconomics 3 requisite. |
| Other Information | See Course Website |
The information published on the Study at ANU 2010 website applies to the 2010 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2009 website.
