Postgraduate - UnitLAW7315 - Regulatory methods

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.

print version

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	Postgraduate
Faculty	Faculty of Law
Offered	City (Melbourne) Term 3 2014 (On-campus block of classes)

Notes

For postgraduate Law discontinuation dates, please see http://www.law.monash.edu.au/current-students/postgraduate/pg-disc-dates.html
For postgraduate Law unit timetables, please see http://law.monash.edu.au/current-students/course-unit-information/timetables/postgraduate/index.html

Quota applies

Postgraduate programs are based on a model of small group teaching and therefore class sizes need to be restricted.

Synopsis

This unit provides an introduction to the range of instruments which can be used by regulators to obtain compliance. While it mixes theory and practice, it is oriented towards the practical application of regulatory methods and examines their strengths and weaknesses, the empirical evidence as to their effectiveness and the dangers in their use. Topics include:

Regulation and regulatory design
State regulation vs social regulation
Taxonomies of regulatory methods
Input vs output-based regulation
Rewards and incentives
Choosing the best methods
Ordering methods
Regulatory impact statements
Trust, technology and information
Economic, market and private regulation

Outcomes

On completion of this unit, students will be able to:

understand the concept of regulatory design
understand the taxonomies of regulation
understand the major techniques of regulation and the tools available to implement them
develop competence to critically identify the strengths and weaknesses of the regulatory techniques identified
understand the main values against which regulatory methods and processes might or should be addressed
understand why and how regulatory methods fail.

Assessment

Written essay (1,500 words): 20%
Written essay (6,000 words): 80%

Chief examiner(s)

Professor Arie Freiberg Research ProfileResearch Profile (http://monash.edu/research/people/profiles/profile.html?sid=5815&pid=3804)

Workload requirements

24 contact hours per semester (either intensive, semi-intensive or semester long, depending on the Faculty resources, timetabling and requirements)