Utility regulation: law and policy (6 points)
(LAW)
Leader: T.B.A.
Offered:
Not offered in 2004.
Synopsis:
Objectives: Upon completion of this subject, students should (a) have a working knowledge of micro-economic theory relevant to competition law; (b) have a working knowledge of the principles of competition law, and the statutory competition law framework in Australia; (c) have a detailed knowledge of the policy arguments for and against industry regulation in relation to natural monopolies, and vertically integrated utilities; (d) have a detailed knowledge of common techniques of industry regulation, including substantive rules and institutional arrangements, and their legal and economic policy rationales; (e) be able to identify the relevant legal and economic principles in the field of industry regulation, and apply them to current issues in utility regulation; (f) have further developed legal research and writing and legal/policy advocacy skills by undertaking systematic research into legal and economic policy issues, and legal rules and regulatory procedures, in relation to regulation of utilities; (g) have developed skills of oral presentation and debate in relation to legal and regulatory policy, in an interactive seminar context.
Assessment: Research paper (6750 words): 90% + Class participation: 10%
Contact Hours: Two 3-hour seminars per week for 4 weeks
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