ECF3900 - Business, competition 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 Dyuti Banerjee

Coordinator(s)

Dr Dyuti Banerjee

Unit guides

Offered

Caulfield

  • Second semester 2018 (On-campus)

Prerequisites

Students must have passed one of ECB2731, ECF2731, ECF2931, ECW2731 or ECG2731

Prohibitions

ECC3830, ECG3830, ECS3830, ECW3830, ECX3900, ECC4700Not offered in 2018, ECC5470

Synopsis

This unit considers market structures, conduct and performance from the business perspective; economic policy as it affects business, particularly in relation to its dealings with consumers; the variety of approaches to competition and regulation policies from the international perspective; analysis of policies with respect to prices, monopolies, oligopolies and mergers, exclusive dealing, consumer protection and licensing, deregulation and privatisation.

Outcomes

The learning goals associated with this unit are to:

  1. understand the concepts used in the economic analysis of business and the policy framework within which business operates
  2. understand performance, structure and behaviour of different businesses in any market
  3. apply models of behaviour to specific cases
  4. analyse different structures of businesses in detail, identifying major policies which might affect their performance and conduct.

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