UnitLevel 5Postgraduate

ECX5470 Competition, regulation and policy

Faculty of Business and Economics

ECX5470 Competition, regulation and policy is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 2 at Caulfield. It has no prerequisites.

Credit points
6
Offered in 2024
Semester 2
Caulfield
Assessment
Exam 50%
and 1 other task
Workload
144 hours
per semester

This is the 2024 handbook entry. See the 2027 entry.

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Requisites

Before ECX5470

Prohibitions

You can't enrol if you have passed any of these.

After ECX5470

No unit lists ECX5470 as a prerequisite in the 2024 handbook.

Overview

The unit deals with the Australian and overseas approaches to competition policy. The economic background to the Competition and Consumer Act is considered in conjunction with economic policy debates. Market structures with substantial market power are viewed as a pretext to evaluation and regulation of restrictive trade practices and mergers or alliances. Structural reform of public utility industries, access to essential facilities, and monopoly regulation are discussed from the theoretical and contemporary reform perspectives.

Offerings in 2024

Teaching periodCampusMode
Second semesterCaulfieldOn ev

Assessment

  • Within semester assessment
    50%
  • Examination
    50%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    understand and analyse critically the economic reasons for government intervention to reduce the adverse effects of restrictive trade practices

  2. 2

    understand the Australian Competition and Consumer Commission (and its predecessor, the Trade Practices Commission)

  3. 3

    evaluate recent decisions from the perspectives of an economist, lawyer, policy-maker and business manager

  4. 4

    research in-depth a current problem area relating to competition policy and practices that requires investigation beyond topics covered in lectures.

Workload and teaching

  • Workshops36 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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

Contacts

Chief Examiners
Darryl Biggar

Common questions

What are the prerequisites for ECX5470?

ECX5470 has no prerequisites.

When is ECX5470 offered?

In 2024, ECX5470 runs in Semester 2 at Caulfield.

How much work is ECX5470?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ECX5470 have an exam?

Yes. The exam is worth 50% of the final mark, alongside 1 other task.

More details

Credit points
6
Level
5
Study level
Postgraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Economics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Available
Handbook years
2021202220232024202520262027