This course covers competition policy and a brief introduction to the economics of regulation. We use theoretical industrial organisation models to analyse firms' competitive and anti-competitive behaviour . We will study conducts such as collusion, merger, vertical control, predation, and some other non-price monopolization practices. We will also discuss various competition policy guidelines including the ACCC merger guideline and Competition and Consumer Act 2010. In the last part of the course, we briefly introduce the theory of regulation.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- demonstrate an understanding of the main economic theories that form the foundation of competitive policies;
- create simple models that evaluate policy interventions in markets;
- criticique decisions by courts and regulatory agencies regarding anticompetitive claims;
- comment on the welfare implications of various conducts of the firms in several different market environments;
- demonstrate an understanding of the main theoretical tools used by researchers in the field of Industrial Organization;
- formally analyse competition policy issues;
- demonstrate a basic understanding of the theory of regulation.
Indicative Assessment
- Assessment may consist of a Final Exam, mid-semester exam(s), quizzes, assignments or some combination thereof. See the Class Summary for details. (100) [LO 1,2,3,4,5,6,7]
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Workload
130 hours in total over the semester consisting of lectures, tutorials and private study time.
Inherent Requirements
Not applicable
Requisite and Incompatibility
Prescribed Texts
See Class Summary
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.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
First Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 4541 | 21 Feb 2022 | 28 Feb 2022 | 31 Mar 2022 | 27 May 2022 | In Person | View |
