Undergraduate, Postgraduate - UnitECC4700 - Competition, regulation and policy

This unit entry is for students who completed this unit in 2015 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.

Level	Undergraduate, Postgraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Economics
Offered	Clayton First semester 2015 (Day)
Coordinator(s)	Dr Gennadi Kazakevitch

Synopsis

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

Outcomes

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: 50%
Examination: 50%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Chief examiner(s)

Dr Gennadi Kazakevitch

Prohibitions

ECC5470, ECX5470, ECF3900, ECX3900