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| ECON0928-2 | Economic Theory of Competition and Regulation
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| Duration : | 30h Th |
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| Credits/ECTS : |
| Master in Economical Sciences, in-depth approach, 1st year | | Second semester | | 5 |
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| Master in Economical Sciences, didactic approach, 1st year | | Second semester | | 5 |
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| Master in Economical Sciences, Professional Focus in Economic Policies and Analysis, 1st year | | Second semester | | 5 |
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| Master en sciences économiques,orientation générale, à finalité spécialisée en economics and finance, 1st year | | Second semester | | 5 |
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| Master en sciences économiques, orientation générale, à finalité spécialisée en economic analysis and public governance, 1st year | | Second semester | | 5 |
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| Holder(s) : | Axel Gautier |
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| Language : | English language |
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| Course contents : | Public authorities often intervene in the conduct of markets. They supply goods themselves (public transport is an example), they regulate the provision of goods/services by private firms by imposing sector specific regulation. Finally, through competition policy, they prevent firms from taking actions that increase market power in a detrimental way. The course of Economic Theory of Competition and Regulation studies public interventions in a market economy and more specifically the relations between firms and public authorities.
The course is organized around 10 topics. Each topic will be introduced by a simple economic model and illustrated by an empirical analysis or a case study. For the year 2010-2011, the list of topics is the following:
1. Procuring a good
2. Fixed-price and cost-plus contracts
3. Liberalization of network industries and access pricing
4. Universal service obligations
5. Measuring market power
6. Mergers I: Unilateral effects
7. Mergers II: Coordinated effects
8. Abuse of dominant position: Bundling goods
9. Environmental regulation I: Promoting green technologies
10. Environmental regulation II: Reducing greenhouse gas emissions |
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| Organization : | For each topic: one class (2 hours) + one compulsory reading.
There will be 2 classes per week in February-March |
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| Assessment : | Final exam |
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| Contacts : | Lecturer: Axel GAUTIER
Email: agautier@ulg.ac.be
Office I.49, BAT B31(ST)
Tel: 04/366.30.53
Assistant: Ekaterina TARANTCHENKO Email: E.Tarantchenko@ulg.ac.be
Tel: 04/366.31.74 |
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| Remarks : | This course will be given in English |
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