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Competition and regulation (6 points)


Leader: Associate Professor Russell Smyth

Clayton First semester 2003 (Day)
Clayton First semester 2004 (Day)

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%

Contact Hours: Two 1-hour classes per week

Prerequisites: ECC1000 and one of ECC1100 or ECC2100, or equivalent

Prohibitions: ECC3834

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