 | | |
| ECON0928-1 | Economics of Competition and Regulation
|
|
| Duration : | 30h Th, 15h Pr |
|
| Number of credits : |
| Master degree in Economics, research focus, 1st year | | 5 |
|
| Master degree in Economics, teaching focus, 1st year | | 5 |
|
| Master degree in Economical Sciences, Professional Focus in Economic Policies and Analysis, 1st year | | 5 |
|
| Master degree in Economics, professional focus in Economics and Finance, 1st year | | 5 |
|
| Master degree in Economics, professional focus in Economic Analysis and Public Governance, 1st year | | 5 |
|
| Master degree in Economics, professional focus in Economic Analysis and Public Governance, 2nd year | | 5 |
|
| Master degree in Economics | | 5 |
|
|
|
| Lecturer : | Axel Gautier |
|
Language(s) of instruction :
|
| English language |
|
Organisation and examination :
|
| Teaching in the second semester |
|
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.
1. Fixed-price and cost-plus contracts
2. Procuring a good
3. Public-Private Partnerships
4. Liberalization of network industries and access pricing
5. Universal service obligations
6. Measuring market power
7. Mergers I: Unilateral effects
8. Mergers II: Coordinated effects
9. Abuse of dominant position: Bundling goods
10. Environmental regulation |
|
Learning outcomes of the course :
|
| Be able to use simplified economic and econometric models to understand a real-world problem in the fields of competition and regulation.
ILO: 2, 3, 5, 7, 11 |
|
Prerequisites and co-requisites/ Recommended optional programme components :
|
| |
|
Planned learning activities and teaching methods :
|
| Each subject will be discussed in class during 2 hours. Each subject will be introduced by the professor and illustrated by readings. Readings are compulsory and will be discussed in class. |
|
Mode of delivery (face-to-face ; distance-learning) :
|
| For each topic: one class (2 hours) + one compulsory reading. |
|
Recommended or required readings :
|
| One or several compulsory readings per subject |
|
Assessment methods and criteria :
|
| Oral exam
A list of questions (to be prepared) is given in advance |
|
Work placement(s) :
|
| |
|
Organizational remarks :
|
| This course will be given in English
There will be 2 classes per week (on Wednesday and Friday) in February-March
Bisannual, will not be given in 2014-15
Slides and readings are available on line |
|
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 (E.Tarantchenko@ulg.ac.be%20
Tel: 04/366.31.74) |
|
