6 points, SCA Band 3, 0.125 EFTSL
Undergraduate, Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- First semester 2017 (Day)
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.
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.
Within semester assessment: 50% + Examination: 50%
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