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Market outcomes can be undesirable when self-interested firms reduce welfare for consumers and society. This unit of study focuses on the regulation of firms in markets with imperfect competition. We analyse regulation of natural monopolies, focusing on the key issue of asymmetric information between the regulator and the monopolist. In this unit we also examine oligopoly markets in which firms can reduce welfare through collusion, price fixing and vertical restraints. Emphasising real-world examples, we examine competition policy and merger regulation.
Study level | Undergraduate |
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Academic unit | Economics |
Credit points | 6 |
Prerequisites:
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ECOS2001 or ECOS2901 or ECOS2040 |
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Corequisites:
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None |
Prohibitions:
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None |
Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
Session | MoA ? | Location | Outline ? |
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Semester 2 2025
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Normal day | Camperdown / Darlington, Sydney |
Outline unavailable
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Session | MoA ? | Location | Outline ? |
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Semester 1 2020
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Normal day | Camperdown / Darlington, Sydney |
View
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Semester 1 2021
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Normal day | Camperdown / Darlington, Sydney |
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Semester 1 2021
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Normal day | Remote |
View
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Semester 1 2022
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Normal day | Camperdown / Darlington, Sydney |
View
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Semester 1 2022
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Normal day | Remote |
View
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Semester 1 2023
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Normal day | Camperdown / Darlington, Sydney |
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Semester 1 2023
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Normal day | Remote |
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Semester 2 2024
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Normal day | Camperdown / Darlington, Sydney |
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Find your current year census dates
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.