ECON42680 Competition & Industrial Policy for Sustainable Development

Academic Year 2021/2022

This module will provide students with an understanding of some of the various economic issues in the practice of competition policy. It examines both the theory and practice of policy with some reference to cases nationally and internationally, as appropriate.
The module begins with an introduction that explains the importance of competition policy. Using economic models and predictions from the Industrial Organisation literature, we then examine in detail some key competition issues. These may include market definition and assessment of market power, collusion, mergers, and certain vertical agreements.
Comprehending the economics of these issues will provide an understanding of the likely effects of firm conduct in different settings on welfare. This in turn will aid in assessing the appropriate treatment of various market structures and practices under competition policy.

While the analysis of competition policy is based on current industrial structures, industrial policy can be a key driver of structural change in the industrial base. Various policies and incentives can be put in place to promote regional development, sectoral shifts (from low to high-tech industry for example), societal outcomes (employment conditions for example), and environmental considerations. This module will examine these industrial development issues in the on-line SDG Academy Course ‘Industrial Policy in the 21st Century’.

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Curricular information is subject to change

Learning Outcomes:

On successful completion of this module students should have:
1. An understanding of the rationale for and the objectives of competition policy.
2. An ability to apply economic theory to address competition issues that arise in the market
3. Analytical and critical thinking skills in the area of competition policy
4. An understanding of industrial policy as a driver of industrial evolution

Student Effort Hours: 
Student Effort Type Hours
Autonomous Student Learning

160
Online Learning

40
Total

200
Approaches to Teaching and Learning:
Develop content to enhance student critical thinking and analytical ability 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Assignment: Assignment 1 Unspecified n/a Graded No

35
Assignment: Assignment 2 Unspecified n/a Graded No

35
Continuous Assessment: Assessment using SDG Academy digital resources Throughout the Trimester n/a Graded No

30

Carry forward of passed components
No
 
Resit In Terminal Exam
Summer No
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Class feedback on assignment post-assessment Contact hours post-assessment for students who wish to obtain individual feedback on assignments