EEH624 - ECONOMICS of PUBLIC REGULATION and ANTITRUST

Course Name Code Semester Theory
(hours/week)
Application
(hours/week)
Credit ECTS
ECONOMICS of PUBLIC REGULATION and ANTITRUST EEH624 3rd Semester 3 0 3 7
Prequisitesnone
Course languageTurkish
Course typeElective 
Mode of DeliveryFace-to-Face 
Learning and teaching strategiesLecture
Discussion
 
Instructor (s)Assoc. Prof. Dr. UÄŸur Emek 
Course objectiveThe aim of the course is to provide understanding the importance of economics of public regulation and antitrust; to give a practical and a theoretical knowledge in order to analyse the character of market operation and the role for government action and to understand and analyse main notions of public regulations and antitrust. 
Learning outcomes
  1. In this course, the student, - Learns the notion of public regulations an d economics of antitrust - Figure outs structure-conduct-performance approach - Learns The making and organization of firms and markets and interactions between them - Analyses the performance of perfectly and imperfectly competitive industries - Analyses economic trends in industries - Learns the justification and effects of the public regulations - Determines tools of public regulations
Course ContentIn this course the notion of public regulation and antitrust, characteristics of market orientation and the tools of public regulations will be discussed. 
References- W. Kip Viscusi, John M. Vernon and Joseph E. Harrington, Economics of Regulation and Antitrust (4th edition), The MIT Press, 2005.
- Kemal Yıldırım., Rana Eşkinat, Ali Kabasakal ve Meltem Erdoğan, Endüstriyel Ekonomi, 4. Baskı, Ekin Yayınları, Bursa, 2009.
-M. İlker Parasız, Rekabet Ekonomisi ve Düzenlemeler, Ezgi Yayınları, Bursa, 2001.
-Orhan Çoban, Endüstri İktisadı ve Oyun Teorisi, Ekin Yayınları, Bursa, 2006.
-Yılmaz Aslan, Rekabet Hukuku, Ekin Yayınları, Bursa, 2011. 

Course outline weekly

WeeksTopics
Week 1Public Interventions and Market Performance
Week 2Industrial Organization, Antitrust Remedies and Turkish Competition Law
Week 3Market Structure and Efficiency
Week 4Game Theory, Oligopoly and Collusion
Week 5Mergers & Acquisitions
Week 6Monopolization and Price Discrimination
Week 7Introduction to Economic Regulations
Week 8Midterm exam
Week 9Natural Monopoly
Week 10Liberalization in Electricity Markets and Tariff Regulations
Week 11Franchise Bidding and Telecommunication Sector
Week 12Public Enterprise
Week 13Economic Regulation of Transportation
Week 14Social Regulations
Week 15Product Safety
Week 16Final exam

Assesment methods

Course activitiesNumberPercentage
Attendance00
Laboratory00
Application00
Field activities00
Specific practical training00
Assignments00
Presentation00
Project00
Seminar00
Midterms140
Final exam160
Total100
Percentage of semester activities contributing grade succes140
Percentage of final exam contributing grade succes160
Total100

WORKLOAD AND ECTS CALCULATION

Activities Number Duration (hour) Total Work Load
Course Duration (x14) 14 2 28
Laboratory 0 0 0
Application14342
Specific practical training000
Field activities000
Study Hours Out of Class (Preliminary work, reinforcement, ect)14570
Presentation / Seminar Preparation000
Project000
Homework assignment000
Midterms (Study duration)21530
Final Exam (Study duration) 14040
Total Workload4565210

Matrix Of The Course Learning Outcomes Versus Program Outcomes

D.9. Key Learning OutcomesContrubition level*
12345
1. Has the ability to access to sources of information, use, compare, interpret, infer and apply scientific data.   X 
2. Has the knowledge on science of law and legal systems and the historical development of the rights of individuals and societies and the basic texts adopted in that process, and has the historical knowledge to interpret the achievements of modern law. X   
3. Has the ability to use Turkish in both oral and written forms.   X 
4. Masters the provisions regulating the relationships between persons and has the ability to interpret those provisions. X   
5. Masters the provisions regulating the relationships between persons and the state and has the ability to interpret those provisions.  X  
6. Has the ability to use information technologies and course materials in the process of teaching and learning.  X  
7. Has the ability to solve current legal problems in the framework of modern legal approaches. X   
8. Has a level of understanding and knowledge of the profession in order to reflect all of the features required by the profession in the best possible way at national and international levels.    X
9. Masters the legal regulations and practices on economic and financial mechanisms.    X
10. Has the ability to be able to express herself/himself as an individual and in front of a community.   X 
11. Has the ability to use, compare and apply the knowledge of universal law.   X 
12. Has the ability to follow legal developments that aim to meet emerging needs within the framework of relations between individuals.    X
13. Has the ability to work together, gained through in-class activities, hypothetical case studies, moot court and through other professional and academic activities.    X
14. Has the ability to understand and process national and international dimensions of law by following the case law and legal practices. X   

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest