ECON 430 Economics of Regulation and Antitrust

The course deals with questions such as what particular market failures provide a rationale for government intervention? How can economic theory illuminate the character of market operation, the role for government action, and the appropriate form of government action. What do formal empirical analyses of economic behavior and the effects of government intervention indicate about the direction that this intervention should take? Where does the antitrust policy stand within this framework? To provide the most up to date answers to these questions, the course utilizes economic theory and empirical analysis that have been devised to further understanding of regulations and antitrust policies. Credit units: 3 ECTS Credit units: 6, Prerequisite: ECON 201.

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