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.
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. At least intermediate level of micro economics is required for students to excel in this course.
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 graduate 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.
Indicative Assessment
- Typically includes a mid term test, a final exam, and assignments. Please refer to the course outline for details. (null) [LO null]
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 hours of lectures and one tutorial per week. Students are expected to spend a total of 10 hours a week on this course, on average across the semester.
Inherent Requirements
Not applicable
Prescribed Texts
None specified
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found 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 | Description |
|---|---|---|
| 2022 | $4440 | Standard Rate |
| 2022 | $3510 |
Grandfathered Rate*
*continuing students in nominated programs only. See fee website |
- International fee paying students
| Year | Fee |
|---|---|
| 2022 | $5700 |
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.
