ECN 433E - Regulatory Econ.& Reg. Markets

Course Objectives

1-) To provide students a broad view of economic regulation including rate structures, politics of regulation,
and international and interindustry differences.
2-) Equip students with tools to establish a regulatory rate structure that provides consumers with low prices and high quality and also provides firms with incentives to innovate and reduce cost.
3-) To equip students with fundamentals of basic frequently regulated non-manufacturing industries

Course Description

Rationale for regulation, the regulatory institutions in Turkey and selected countries, the theory of natural
monopoly, regulatory options, basics of major regulated industries, social regulation and politics of regulation.