- Code ECON3055
- Unit Value 6 units
- Offered by Research School of Economics
- ANU College ANU College of Business and Economics
- Course subject Economics
- Areas of interest Law, Economics
- Academic career UGRD
- Mode of delivery In Person
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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WorkloadTwo Lectures and One Tutorial
Requisite and Incompatibility
Tuition fees are for the academic year indicated at the top of the page.
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- 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.