Monash University Handbook 2010 Postgraduate - Unit

Synopsis

This subject will consider regulation within regulatory settings, such as: the environment, financial markets, the pharmaceutical industry, occupational health and safety or telecommunications regulation. It considers some of the particular variations of regulatory methods and process that have evolved in these contexts. The list of setting will vary from year to year and may include regulation in the digital economy especially the Internet, regulation of complex organisations, such as large corporations or universities, or in the bio-medical and health fields, civil aviation and transport regulation and regulation of theprofessions.

Objectives

This subject covers a number of cases which might include environmental regulation, financial services regulation, occupational health and safety regulation and trade practices, international aviation, the digital economy including the internet, bio-medical and health, nanotechnology, the professions, tax compliance, road traffic, pharmaceutical industry, telecommunications, complex organisations or other cases. Therefore, upon completion of this subject, for several areas of regulation, students will be able to:

• identify the traditional instruments of the relevant regulatory instruments;
• analyse the strengths and weaknesses of the relevant regulation instruments and how to deal with them;
• understand the monitoring and enforcement problems associated with relevant regulation techniques;
• compare innovative relevant regulation instruments with traditional instruments; and
• understand relevant regulation in other contexts.

Assessment

Research paper (3750 words): 50%

Case study (3000 words): 40%

Class participation: 10% (based on participation over the teaching period.)

Contact hours

Students enrolled in the course will be provided with 24 contact hours of lectures/seminars per semester. Students will be expected to do reading set for class, and undertake additional research and reading as applicable to a 6 credit point unit.

Prerequisites

Any two of the prescribed core units in the Master of Regulatory Studies and the Graduate Diploma in Regulatory Studies, or subject to approval of the LLM course convenor.