Industry and government
Dr Gennadi Kazakevitch
6 points * One 2-hour lecture and one 1-hour tutorial per week * Distance approximately 12 hours per week * Second semester * Gippsland * Prerequisites: GBU1102, GBU2304
Objectives Drawing on knowledge gained in the common core of multidisciplinary studies, and the principles developed in the first and second year economics, the theoretical framework of the relationship between industry and government is developed. Students will use this to understand the structure, conduct and performance of Australian industry and the reasons for its regulation by the government. Based on the theoretical framework and various case studies, students will develop the ability to form and express opinions concerning the regulation and deregulation debate.
Synopsis The subject covers: theories of regulation; industry structure, conduct and performance; restrictive trade practices; consumer protection; trade, tariff and foreign investment policies; regulation of primary industry; deregulation and privatisation.
Assessment Assignment 1 (2000 words): 35% * Assignment 2 (1500 words): 25%; Examination (3 hours): 40%
Prescribed texts
Caves R and others (eds) Australian industry: Structure, conduct, performance 2nd edn, Prentice-Hall, 1987
Jones R (ed.) Australian microeconomic policies 4th edn, Prentice-Hall, 1994