MARKETS, REGULATIONS AND LAW
Instructional goals
This course aims to provide students with tools to critically assess the impact of law and regulation on markets and business performance, as well as basic knowledge on competition analysis and antitrust.
The course also aims to develop the presentation and communication skills of the students.
Intended learning outcomes
After studying this course, the student should be able to:
Demonstrate a critical understanding of the behavior of individual and collective agents.
Demonstrate a general knowledge of the origins, structure and functioning of legal systems, also in conjunction with market development.
Compare different legal systems and their development.
Demonstrate an awareness of the impact of law on markets and business performance.
Demonstrate a general knowledge of the main theories and types of economic regulation.
Identify, explain and critically assess key legal and regulatory issues relevant to market and business practice in general and in specific industries.
Course Contents
Cognitive and behavioral approaches to individual and collective economic agents
Assessment of market structures and perspectives
Law and legal systems
Law & Economics
General theory of regulation
Regulatory framework of specific industries
Economics and regulation of money
Antitrust and competition law.
Reference Books
Class presentations and further readings indicated in the presentations.
Teaching Methods
Front teaching, case discussion.
Assessment Method
Participation in classes, multiple-choice quizzes, individual writing assignment.
Thesis assignment criteria
Relevance of the proposed topic.
Does the syllabus cover sustainability topics?
No
Week 1 Contenuto sessioni on line e on campus
Course outline & syllabus discussion.
Models of agents and decision theories.
Week 2 Contenuto sessioni on line e on campus
Markets: from exchanges to trade, market development and social institutions.
Market structures and perspectives.
Week 3 Contenuto sessioni on line e on campus
Law: history, theories, legal reasoning and market concepts.
Law & Economics / Economic Analysis of Law
Week 4 Contenuto sessioni on line e on campus
Regulation: general theory.
Types of economic regulation.
Week 5 Contenuto sessioni on line e on campus
Regulation: network industries and platforms, liberalization, pricing policies.
Week 6 Contenuto sessioni on line e on campus
Regulation of emerging digital technologies
Week 7 Contenuto sessioni on line e on campus
Competition and antitrust: general introduction
Week 8 Contenuto sessioni on line e on campus
US Antitrust
Week 9 Contenuto sessioni on line e on campus
EU Antitrust
Week 10 Contenuto sessioni on line e on campus
Digital currencies as a case-study of competition and regulation
Week 11 Contenuto sessioni on line e on campus
Pharma markets as a case-study of competition and regulation
Week 12 Contenuto sessioni on line e on campus
Presentation of course-related research papers delivered by the students