Course Unit Code | 114-0508/02 |
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Number of ECTS Credits Allocated | 5 ECTS credits |
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Type of Course Unit * | Choice-compulsory |
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Level of Course Unit * | First Cycle, Second Cycle |
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Year of Study * | |
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Semester when the Course Unit is delivered | Winter Semester |
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Mode of Delivery | Face-to-face |
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Language of Instruction | English |
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Prerequisites and Co-Requisites | Course succeeds to compulsory courses of previous semester |
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Name of Lecturer(s) | Personal ID | Name |
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| JAN77 | Ing. Ivana Jánošíková, Ph.D. |
Summary |
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In this course the role of regulatory policy in transition economies and
problems of deregulation and privatization are discussed. It is focused on the
role of economic theory in public utility regulation and analysis of the
natural monopoly concept. There are discussed general institutional issues of
regulatory process and the possibility of application the EU regulatory
practices in conditions of the Czech Republic.
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Learning Outcomes of the Course Unit |
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The aim of this course is:
- to understand the role of regulatory policy in transition economies,
- to describe problems of deregulation and privatization
- to explain the purpose of regulation in public utility according to an analysis of the natural monopoly concept,
- to discusse general institutional issues of regulatory process and the possibility of application the EU regulatory practices in conditions of the Czech Republic. |
Course Contents |
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Brief syllabus:
1. Introduction to Antitrust regulation
2. Competition and monopoly, various concepts of the competition, economic efficiency
3. Oligopoly
4. Restrictions of the economic competition
5. Monopolization and price discrimination
6. Theory of regulation
7. Natural monopoly and economic regulation
8. Contemporary approaches to the antitrust regulation
9. EU Competition Policy – Antitrust
10. EU Competition Policy – Mergers
11. EU Competition Policy - State Aid and Public Procurement |
Recommended or Required Reading |
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Required Reading: |
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1. ARMENTANO, Dominick T. Antitrust policy: The Case for Repeal. Ludwig von Mises Institute, Auburn 2007. ISBN 978-0-945466-25-3
2. BALWIN, Robert and CAVE, Martin. Understanding Regulation. Theory, Strategy and Practice. Oxford University Press. New York, 2010. ISBN 978-0-19-877438-9
3. ROTHBARD, Murray N. and SALERNO, Joseph T. Man, Economy and State with Power and Market, Scholar’s Edition. 2nd edition. Ludwig von Misses Institute. Auburn, Alabama, 2011. ISBN 1933550996
4. STIGLITZ, Joseph E. Economics of the public sector. W. W. Norton, Incorporated, 2015. ISBN 0393925226, 9780393925227
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1. ARMENTANO, Dominick T. Antitrust policy: The Case for Repeal. Ludwig von Mises Institute, Auburn 2007. ISBN 978-0-945466-25-3
2. BALWIN, Robert and CAVE, Martin. Understanding Regulation. Theory, Strategy and Practice. Oxford University Press. New York, 2010. ISBN 978-0-19-877438-9
3. ROTHBARD, Murray N. and SALERNO, Joseph T. Man, Economy and State with Power and Market, Scholar’s Edition. 2nd edition. Ludwig von Misses Institute. Auburn, Alabama, 2011. ISBN 1933550996
4. STIGLITZ, Joseph E. Economics of the public sector. W. W. Norton, Incorporated, 2015. ISBN 0393925226, 9780393925227
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Recommended Reading: |
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1. BALWIN, Robert, CAVE, Martin and LODGE, Martin. The Oxford Handbook of regulation. Oxford University Press. New York, 2010. ISBN 978-0-19-956021-9
2. MOSS, David A. and CISTERNINO, John A. New Perspectives on regulation. The Tobin Project, One Mifflin Place, Cambridge (USA), 2009. ISBN 978-0-9824788-0-6
3. VISCUSI, W. Kip, HARRINGTON, Joseph E., VERNON, John M. Economics of Regulation and Antitrust, 4th ed. Cambridge, MA: MIT Press, 2005. ISBN-10: 0-262-22075-X, ISBN-13: 978-0-262-22075-0
4. PÉREZ-ARRIAGA, Ignacio J. Regulation of the Power Sector. Springer Science & Business Media. London, 2013. ISBN 978-1-4471-5033-6.
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1. BALWIN, Robert, CAVE, Martin and LODGE, Martin. The Oxford Handbook of regulation. Oxford University Press. New York, 2010. ISBN 978-0-19-956021-9
2. MOSS, David A. and CISTERNINO, John A. New Perspectives on regulation. The Tobin Project, One Mifflin Place, Cambridge (USA), 2009. ISBN 978-0-9824788-0-6
3. VISCUSI W. Kip, HARRINGTON Joseph E., Jr. and SAPPINGTON David E. M. Economics of Regulation and Antitrust. 5th ed. Cambridge, MA, MIT Press, 2018. ISBN 9780262038065.
4. PÉREZ-ARRIAGA, Ignacio J. Regulation of the Power Sector. Springer Science & Business Media. London, 2013. ISBN 978-1-4471-5033-6.
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Planned learning activities and teaching methods |
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Lectures, Individual consultations, Project work |
Assesment methods and criteria |
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Tasks are not Defined |