units
LAW7444
Faculty of Law
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6 points, SCA Band 3, 0.125 EFTSL
Synopsis
This unit will consider economic concepts relevant to understanding the regulation of markets. Micro-economic theory will be used to highlight the impact of market failures, including market power, information imperfections, externalities and public goods. Practical tools for evaluating regulation, including the structure, conduct and performance framework and cost-benefit analysis will also be covered. Objectives
Assessment
Class assignment (2,250 words): 30% Chief examiner(s)Contact hours24 contact hours per semester (either intensive, semi-intensive or semester long, depending on the Faculty resources, timetabling and requirements). Students will be expected to do reading set for class, and to undertake additional research and reading applicable to a 6 credit point unit. PrerequisitesNone Co-requisitesNone ProhibitionsNone |