COURSE UNIT TITLE

Offered By

Master`s Degree in Financial Economics (Non-Thesis-Evening)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR SAADET KASMAN

Offered to

Master`s Degree in Financial Economics (Non-Thesis-Evening)

Course Objective

The aim of this course is to present problems which can arise as a result of a weak competitive market system. To this end antitrust policies and the nature of economic regulation will be elaborated with a specific emphasis on several key sectors such as telecommunication, transportation and energy. The course also introduces subjects closely related to regulation being mergers, monopolization, efficiency and public enterprises.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

1. W. Kip Viscusi, Joseph E. Harrington, Jr., and John Vernon. Economics of Regulation and Antitrust, 4th Edition, 2005
MIT Press, Cambridge, MA.
2. Lecture Notes
3. Additional Readings

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Assignments

Assessment Methods

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will understand the rationale for regulation and antitrust policies.
2. The learner will analyze competition and regulation policy within the framework of different market structures.
3. The learner will determine different reasons behind market failures.
4. The learner will assess remedies to market failures.
5. The learner will evaluate regulation in different key sectors.

Language of Instruction

English

Course Policies and Rules

1. It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes