ECC3830

Competition and regulation

(BUS)

6 points + Two 1-hour classes per week + Clayton + Prerequisites: ECC1000 and ECC1100 or ECC2100, or equivalent + Prohibition: ECC3834

Synopsis: Economic policy as it affects business, particularly in relation to its dealings with consumers, and with emphasis on Australian industry and regulation; analysis of policies with respect to prices, monopolies, oligopolies and mergers, exclusive dealing, consumer protection and licensing, corporatisation, privatisation and deregulation; criteria for efficient industry and efficient industry policy; methods for the practical analysis of the performance of industries.

Assessment: Written (3000-word essay): 30% + Examination (2 hours): 70%