• 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.

Learning Outcomes

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;

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 and a final exam and assignments.

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 Tutorial

Requisite and Incompatibility

To enrol in this course, you must have completed ECON2101 Microeconomics 2 (P) (or ECON2111 Microeconomics 2 (H) ) or ECON2141 Strategic Thinking: An Introduction to Game Theory (or ECON2142 Strategic Thinking: An Introduction to Game Theory (H) or ECON3152 Game Theory (P) or ECON3153 Game Theory (H) ).

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
Domestic fee paying students
Year Fee
2019 $4140
International fee paying students
Year Fee
2019 $5460
Note: Please note that fee information is for current year only.

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions