ECC3830 - Industrial organisation and regulation - 2018

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.

Faculty

Business and Economics

Organisational Unit

Department of Economics

Chief examiner(s)

Dr Chengsi Wang

Coordinator(s)

Dr Chengsi Wang

Unit guides

Offered

Clayton

  • Second semester 2018 (On-campus)

Prerequisites

ECC1000, ECC1100 and ECC2000 or equivalent.

Prohibitions

ECC4383, ECF3900, ECG3830, ECS3830, ECW3830, ECX3900

Synopsis

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.

Outcomes

The learning goals associated with this unit are to:

  1. explain the basis for competition and rationale for regulation, and the basis of different theories of regulation
  2. explain the arguments for and against privatisation
  3. understand the main features of National Competition Policy in Australia, including its impact on segments of society such as rural Australia
  4. understand the variety of approaches to competition policies from the international perspective
  5. critically evaluate attempts to increase competition in particular industries, such as aviation, electricity, telecommunications and other relevant industries, where there are ongoing reforms.

Assessment

Within semester assessment: 40% + Examination: 60%

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.

See also Unit timetable information