| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Master's Degree With Thesis |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 10 |
| NAME OF LECTURER(S) | Professor Uğur Emek
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) are provided with an overview and introduction to government intervention in markets, can focus on the origins, aims, methods and effects of antitrust and regulations as forms of government intervention.
2) can apply sound reasoning to actual legal cases or case studies in order to understand the reasons for regulation and antitrust, can determine when antitrust and/or regulation is an appropriate remedy.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | The main objective of this course is to introduce the role of government in markets where benefits of competitive markets i.e. equilibria can not be achieved. The course emphasizes the importance of market structure and industrial performance. Besides presenting the main issues of antitrust policy, the characteristics of specific industries and the role of the government regulation in these industries are also covered in detail. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | Why Regulate? /Who controls whom? | | 2nd Week | Monopolization | | 3rd Week | Oligopoly and Collusion | | 4th Week | Mergers and Acquisitions | | 5th Week | Price Discrimination | | 6th Week | Vertical Restraints and Advertising | | 7th Week | Natural Monopoly Regulation | | 8th Week | Midterm | | 9th Week | Rate Cases and Optimal Pricing | | 10th Week | Rate-of-Return Regulation/Regulatory Strategies and Alternatives | | 11th Week | Regulation and Fairness | | 12th Week | Industry Studies | | 13th Week | Industry Studies : Telecommunications | | 14th Week | Industry Studies: Electricity |
|
| RECOMENDED OR REQUIRED READING | W.Kip Viscusi, John M. Vernon and Joseph E. Harrington, Economics Of Regulation And Antitrust, 2018.
|
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Discussion,Lecture,Presentation,Problem Solving |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 40 | | Assignment | 1 | 10 | | Total(%) | | 50 | | Contribution of In-term Studies to Overall Grade(%) | | 50 | | Contribution of Final Examination to Overall Grade(%) | | 50 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 2 | 2 | | Preparation for Quiz | | | | | Individual or group work | 14 | 5 | 70 | | Preparation for Final exam | 1 | 70 | 70 | | Course hours | 14 | 3 | 42 | | Preparation for Midterm exam | 1 | 60 | 60 | | Laboratory (including preparation) | | | | | Final exam | 1 | 2 | 2 | | Homework | 1 | 55 | 55 | | Total Workload | | | 301 |
|---|
| Total Workload / 30 | | | 10,03 |
|---|
| ECTS Credits of the Course | | | 10 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
