This course builds on the foundations of microeconomics and market and strategy. The course makes use of insights from industrial organisation in general, and from competition policy and the economics of regulation in particular. Topics include:
- Regulation of utilities with applications to specific sectors such as telecoms and electricity
- Competition policy with a special focus on the analysis of mergers, two-sided markets, economics of privacy and network competition
- Empirical studies and applications from specific countries and industries
The topics are considered from the perspective of how economists approach these new issues, how public policy makers can understand and harness the economic and strategic forces behind the effects of liberalisation, and the economic implications of the digital economy for consumers and economic growth.