ECC3830 Industrial organisation and regulation
Faculty of Business and Economics
ECC3830 Industrial organisation and regulation is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 2 at Clayton. It needs ECC2000, ECF2731, ECW2731 or ECB2731.
- Credit points
- 6
- Offered in 2021
- Semester 2
- Clayton
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2027 entry.
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Requisites
Before ECC3830
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ECC3830
No unit lists ECC3830 as a prerequisite in the 2021 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
Industrial organisation (IO) studies firm behaviour and its consequences in settings where the assumption of perfect competition fails, i.e., where we can no longer just think about the intersection of a demand and supply curve. The topics include pricing and marketing strategies that individual firms can use to increase profits (price discrimination, bundling, advertising); the effects of interactions between firms and problems that can arise if they coordinate on anti-competitive strategies (cartels, merger, entry, vertical restraints, exclusive dealing); the design of marketplaces (network effect); and public policy responses to firm behaviour, including antitrust laws and regulation.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
explain the basis for competition and rationale for regulation, and the basis of different theories of regulation
- 2
evaluate the impacts of certain market conducts such as horizontal mergers, vertical integration, exclusive dealing and collusion
- 3
understand the main features of competition policies in Australia and around the world
- 4
understand the variety of approaches to competition policies from the international perspective
- 5
critically evaluate attempts to increase competition in particular industries, such as online retailing, electricity, telecommunications and other relevant industries, where there are ongoing antitrust and regulation concerns.
Workload and teaching
- Lectures24 hours
- Tutorials12 hours
- Teaching approachActive learning
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.
Where it fits
ECC3830 is part of 1 area of study in the 2021 handbook.
Contacts
- Chief Examiners
- Dr Dyuti Banerjee
Common questions
What are the prerequisites for ECC3830?
You need ECC2000, ECF2731, ECW2731 or ECB2731 before you enrol. Enrolment rules also apply.
When is ECC3830 offered?
In 2021, ECC3830 runs in Semester 2 at Clayton.
How much work is ECC3830?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC3830 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ECC3830?
ECC3830 is part of Economics.