ECB3830 Business, competition and regulation
Faculty of Business and Economics
ECB3830 Business, competition and regulation is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2020. It needs ECB2731, ECF2731, ECS2731, ECW2731 or ECC2000.
- Credit points
- 6
- Offered in 2020
- Not offered
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ECB3830. This is its 2020 entry, the latest one.
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Requisites
Before ECB3830
Prohibitions
You can't enrol if you have passed any of these.
After ECB3830
No unit lists ECB3830 as a prerequisite in the 2020 handbook.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit considers market structures, conduct and performance from the business perspective; economic policy as it affects business, particularly in relation to its dealings with consumers; the variety of approaches to competition and regulation policies from the international perspective; analysis of policies with respect to prices, monopolies, oligopolies and mergers, exclusive dealing, consumer protection and licensing, deregulation and privatisation.
Offerings in 2020
The 2020 handbook lists no offerings for ECB3830.
Learning outcomes
When you finish this unit, you should be able to:
- 1
recognise differences in market structures and understand how those differences affect firms' competitive behaviour and performance
- 2
understand how and why competition causes changes in market structures by way of mergers, acquisitions, vertical integration and diversification
- 3
explain the economic rationale for competitive weapons utilised by business in contemporary competitive environment, such as barriers to entry, pricing and advertising strategies, product differentiation, and innovation
- 4
explain the rationale for regulation and merits of different theories of regulation
- 5
explain the arguments for and against privatisation
- 6
understand the main features of national competition policies in the countries of particular interest to Monash University in Australia and overseas
- 7
critically evaluate attempts to increase competition in particular industries, e.g. aviation, electricity and telecommunications, where there are ongoing reforms.
Workload and teaching
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Contacts
- Chief Examiners
- Dr Gennadi Kazakevitch
Common questions
What are the prerequisites for ECB3830?
You need ECB2731, ECF2731, ECS2731, ECW2731 or ECC2000 before you enrol.
When is ECB3830 offered?
ECB3830 has no offerings listed in the 2020 handbook.
How much work is ECB3830?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
More details
- Credit points
- 6
- Level
- 3
- Study level
- Undergraduate
- Faculty
- Faculty of Business and Economics
- Organisational unit
- Department of Economics
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 3
- Study abroad
- Not available
- Handbook years
- 2020