This course uses theoretical industrial organisation models as tools and analyse its application on competition policy and regulation. Our starting point would be the introduction of market definition and market power. We then consider the exercise of market power in a number of settings, such as through collusion, merger, vertical control, predation, and some non-price monopolization practices. Treatments of various potentially anti-competitive conducts in various guidelines, including the ACCC merger guideline and Trade Practices Act 1974, will be discussed.
In the last part of the course, we review the theory of economic regulation. The materials covered include the basic theory of regulation and its application in network industries.
This is the last course in the applied micro economics sequence. For students considering taking this course as well as Industrial Organisation, the suggested sequence would be taking IO first.
Upon successful completion, students will have the knowledge and skills to:
Upon successful completion of the course, students will:
- understand the main economic theories that form the foundation of competitive policies;
- be able to create simple models that evaluate policy interventions in markets;
- have the capacity to criticique decisions by courts and regulatory agencies regarding anticompetitive claims;
- be able to comment on the welfare implications of various conducts of the firms in several different market environments;
See the course outline on the College courses page. Outlines are uploaded as they become available.
The assessment will be based on a mid term test and a final exam and assignments.
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Two lectures per week and one tutorial per week
Requisite and Incompatibility
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
- Domestic fee paying students
- International fee paying students
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
|Class number||Class start date||Last day to enrol||Census date||Class end date||Mode Of Delivery||Class Summary|
|9675||18 Jul 2016||29 Jul 2016||31 Aug 2016||28 Oct 2016||In Person||N/A|