Undergraduate - UnitECF3900 - Business, competition and regulation

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Undergraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Economics
Offered	Caulfield Second semester 2014 (Day)
Coordinator(s)	Dr Mita Bhattacharya

Synopsis

This unit considers market structures, conduct and performance from the business perspective; economic policy as it affects business, particularly in relation to its dealings with consumers; the variety of approaches to competition and regulation policies from the international perspective; analysis of policies with respect to prices, monopolies, oligopolies and mergers, exclusive dealing, consumer protection and licensing, deregulation and privatisation.

Outcomes

The learning goals associated with this unit are to:

understand the concepts used in the economic analysis of business and the policy framework within which business operates
understand performance, structure and behaviour of different businesses in any market
apply models of behaviour to specific cases
analyse different structures of businesses in detail, identifying major policies which might affect their performance and conduct.

Assessment

Within semester assessment: 30%
Examination (2 hours): 70%

Chief examiner(s)

Dr Mita Bhattacharya

Workload requirements

Minimum total expected workload equals 144 hours per semester

Prerequisites

Students must have passed one of ECB2731, ECF2731, ECF2931, ECW2731 or ECG2731

Prohibitions

ECC3830, ECG3830, ECS3830, ECW3830, ECX3900