units

ECX9020

Faculty of Business and Economics

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Monash University Handbook 2010 Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

LevelPostgraduate
FacultyFaculty of Business and Economics
OfferedClayton First semester 2010 (Day)
Australia (Other) First semester 2010 (Off-campus block of classes)
Coordinator(s)Professor Peter Forsyth

Synopsis

This unit addresses economic policy as it affects business, particularly in relation to its dealings with consumers, and with emphasis on Australian industry and regulation. Students use economic theory to analyse policies with respect to prices, monopolies, oligopolies and mergers, exclusive dealing, consumer protection and licensing, corporatisation, privatisation and deregulation. Methods for the practical analysis of the performance of industries and impact of policies are discussed in detail.

Objectives

The learning goals associated with this unit are to:

  • apply economic theory to understanding the basis for competition and rationale for regulation
  • critically discuss the Australian privatisation experience in comparison with the experience in other countries
  • understand the main features of National Competition Policy in Australia, including its impact on various segments of society
  • evaluate the variety of approaches to competition policies, drawing on Australian and international examples
  • critically evaluate attempts to increase competition in particular industries, such as aviation, electricity, telecommunications and other relevant industries, where there are ongoing reforms in Australia.

Assessment

Within semester assessment: 40%
Examination (2 hours): 60%

Chief examiner(s)

Paola Labrecciosa

Contact hours

3 hours per week

Prerequisites

Students must have passed units ECX9000, ECX9010

Prohibitions

ECC3830