This course will use theoretical industrial organisation models as tools and analyse their application on competition policy and regulation. Our starting point will be the introduction of market definition and market power. We will 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 will be discussed, including the ACCC merger guideline and Trade Practices Act 1974.
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.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
In addition to the learning outcomes for the material taught in the pass course honours students will be:
- exposed to the main theoretical tools used by researchers in the field of Industrial Organization;
- have the capacity to use formally analyse competition policy issues.
Other Information
See the course outline on the College courses page. Outlines are uploaded as they become available.
Indicative Assessment
The assessment will be based on a mid term test, a final exam and assignments. The exams may cover additional material than the Pass level exams.
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
Two Lectures and One TutorialRequisite and Incompatibility
Fees
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. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 3
- 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.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2019 | $4140 |
- International fee paying students
| Year | Fee |
|---|---|
| 2019 | $5460 |
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.
