B030604 - GLOBAL ECONOMY - MOD.2

Italian

In the first part of the module the lecturer will introduce the students to competition policy. A couple of guest lecturers are also expected. In the second part of the course, the students will take over: two teams of students get a case. One team will need to defend this decision, the other team will have to attack it. Both teams will need to focus on economic arguments.

Compulsory:
-Massimo Motta, Competition Policy; Theory and Practice, Cambridge University Press, 2004
Optional:
-Simon Bishop and Mike Walker, The Economics of EC Competition Law: Concepts, Application and Measurement, Sweet & Maxwell, 2010.
-Bruce Lyons (ed.), Cases in European Competition Policy, Cambridge University Press, 2009.
-Paolo Buccirrossi (ed.), Handbook of Antitrust Economics, The MIT Press, 2008.
-Michael D. Whinston, Lectures on Antitrust Economics, The MIT Press, 2006.

In this course, students obtain hands-on experience with the application of economics to real world cases. The idea is that if one holds a Laurea Magistrale in economics, he or she should be able to give economic advice when needed, both through an oral presentation and through a written report. In particular, the course will focus on the application of industrial organization (IO) to real world competition policy and regulatory cases. By the end of the course students will have acquired some skills that are of value in jobs such as economic consultancies or government organizations. Indeed, students will be able to analyze markets, discuss competition problems in markets and the pros and cons of government intervention in markets (whether through a competition authority or a regulator). In the mean time they will have learned some notions relating for instance to mergers, cartels, the Chicago school and two-sided markets.

None. Course can be taken also by students of law or political science.

Interactive lectures by the lecturer, lectures by expert guests, presentations of cases by students and discussion of these cases in class

More information will be available on Moodle by the start of the course

After the first part of the course (i.e. the lectures), there will be the presentations of the cases by the students that attend the course.
At the end of the course there will be a written examination on both the topics covered during the lectures and the cases presented in class.
For attending students the final grade for the course will be determined as follows: 50% presentation, 50% final exam. For non-attending students the final grade will be the grade of the final exam.

The lectures will cover all chapters in the book of Motta(2004), but for the sections marked by two stars. The slides of the lectures and additional material will be made available on Moodle.