Monash University Handbook 2010 Undergraduate, Postgraduate - Unit

Synopsis

Outline of the Australian and overseas approaches to competition policy; the economic background to the Trade Practices Act; market definition issues; evaluation of restrictive trade practices and mergers or alliances; structural reform of industries, access and monopoly regulation.

Objectives

The learning objectives of this unit are to:

• be able to understand and analyse critically the economic reasons for government intervention to reduce the adverse effects of restrictive trade practices;
• have an understanding of the Australian Competition and Consumer Commission (and its predecessor, the Trade Practices Commission);
• be able to evaluate recent decisions from the perspectives of an economist, lawyer, policy-maker and business manager.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Contact hours

3 hours per week

Prohibitions

ECX5470