6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- Second semester 2017 (Day)
Economic policy as it affects business, particularly in relation to its dealings with consumers, and with emphasis on Australian industry and regulation; analysis of policies with respect to prices, monopolies, oligopolies and mergers, exclusive dealing, consumer protection and licensing, corporatisation, privatisation and deregulation; criteria for efficient industry and efficient industry policy; methods for the practical analysis of the performance of industries.
The learning goals associated with this unit are to:
- explain the basis for competition and rationale for regulation, and the basis of different theories of regulation
- explain the arguments for and against privatisation
- understand the main features of National Competition Policy in Australia, including its impact on segments of society such as rural Australia
- understand the variety of approaches to competition policies from the international perspective
- critically evaluate attempts to increase competition in particular industries, such as aviation, electricity, telecommunications and other relevant industries, where there are ongoing reforms.
Within semester assessment: 40% + Examination: 60%
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.
See also Unit timetable information