 | | |
| ECON0928-1 | Economic Theory of Competition and Regulation
|
|
| Duration : | 30h Th, 15h Pr |
|
| Number of credits : |
| Advanced Master in Interdisciplinary Analysis of European Construction | | Second semester | | 5 |
|
| Master in Economical Sciences, in-depth approach, 1st year | | Second semester | | 5 |
|
| Master in Economical Sciences, didactic approach, 1st year | | Second semester | | 5 |
|
| Master in Economical Sciences, Professional Focus in Economic Policies and Analysis, 1st year | | Second semester | | 5 |
|
| Master en sciences économiques,orientation générale, à finalité spécialisée en economics and finance, 1st year | | Second semester | | 5 |
|
| Master en sciences économiques, orientation générale, à finalité spécialisée en economic analysis and public governance, 1st year | | Second semester | | 5 |
|
| Master en sciences économiques, orientation générale, à finalité spécialisée en economic analysis and public governance, 2nd year | | Toute l'année | | 5 |
|
| Master in Economical Sciences | | Second semester | | 5 |
|
|
|
| Lecturer : | Axel Gautier |
|
Language(s) of instruction :
|
| English language |
|
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 2011-2012, the list of topics is the following:
1. Fixed-price and cost-plus contracts
2. Procuring a good
3. Liberalization of network industries and access pricing
4. Public-Private Partnerships
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. |
|
Mode of delivery (face-to-face ; distance-learning) :
|
| For each topic: one class (2 hours) + one compulsory reading. |
|
Recommended or required readings :
|
| One compulsory reading per subject |
|
Assessment methods and criteria :
|
| Final exam |
|
Organizational remarks :
|
| This course will be given in English
There will be 2 classes per week (on Tuesday and Friday) in February-March
Slides and readings are available on Lol@ |
|
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) |
|
