Study Programmes 2016-2017
| ECON0928-1 | ||||||||
| Economics of Competition and Regulation | ||||||||
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Duration :
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| 30h Th, 15h Pr | ||||||||
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Number of credits :
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Lecturer :
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| Axel Gautier | ||||||||
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Language(s) of instruction :
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| English language | ||||||||
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Organisation and examination :
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| Teaching in the first semester, review in January | ||||||||
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Units courses prerequisite and corequisite :
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| Prerequisite or corequisite units are presented within each program | ||||||||
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Learning unit contents :
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| 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 Economics of Competition and Regulation studies public interventions in a market economy and more specifically the relations between firms and authorities.
The course is organized around 10 topics. Each topic will be introduced by a economic model and illustrated by an empirical analysis or a case study. The objective is to apply sound economic theory to real-world cases in the field of regulation/competition Provisional list of topics Part 1: competition policy 0. Introduction 1. Measuring competition and market power 2. Mergers I: Unilateral effects 3. Mergers II: Coordinated effects 4. Abuse of dominant position: Bundling goods 5. Abuse of dominant position: Google 6. Cartels and leniency 7. Predatory pricing Part 2 Regulation 8. Sector specific regulations: general principles and applications 9. Universal service 10. Private provision of public services |
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Learning outcomes of the learning unit :
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| 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 |
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Prerequisite knowledge and skills :
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Planned learning activities and teaching methods :
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| 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. | ||||||||
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Mode of delivery (face-to-face ; distance-learning) :
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| For each topic: one class (2 hours) + one compulsory reading. | ||||||||
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Recommended or required readings :
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| One or several compulsory readings per subject | ||||||||
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Assessment methods and criteria :
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| Oral exam A list of questions (to be prepared) is given in advance | ||||||||
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Work placement(s) :
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Organizational remarks :
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| This course will be given in English
Classes on Monday 1.20-3.30pm (Q1) Slides and readings are available on line |
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Contacts :
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| Lecturer: Axel GAUTIER Email: agautier@ulg.ac.be Office I.49, BAT B31(ST) Tel: 04/366.30.53 | ||||||||