2024/2025 KAN-CCMVI2119U Business and Government
English Title | |
Business and Government |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Elective |
Level | Full Degree Master |
Duration | Summer |
Start time of the course | Summer |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Min. participants | 30 |
Max. participants | 60 |
Study board |
Study Board for cand.merc. and GMA (CM)
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Course coordinator | |
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For academic questions related to the course, please contact course responsible Cédric Schneider (csc.eco@cbs.dk) | |
Main academic disciplines | |
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Teaching methods | |
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Last updated on 07/11/2024 |
Relevant links |
Learning objectives | ||||||||||||||||||||||||||
To achieve the grade 12, students are required
to:
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Course prerequisites | ||||||||||||||||||||||||||
Completed Bachelor degree or equivalent. Some prior knowledge of Microeconomics. Familiarity with graphs, algebra, and basic calculus | ||||||||||||||||||||||||||
Examination | ||||||||||||||||||||||||||
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Course content, structure and pedagogical approach | ||||||||||||||||||||||||||
Access to clean water and sanitation, effective telecommunication and transport services are indispensable to individuals, firms and societies around the world. Regulatory policies affect all aspects of our lives, ranging from the quality of the air we breathe to the price we pay for a vast variety of commodities and public services. This course explores the core economic principles that guide government regulation of businesses and industries. The course will examine areas of regulation and illustrate those using case studies from a variety of industries and businesses to explore market failures and externalities that provide the economic basis for government involvement. The course will explore how businesses are affected by various regulations and how interest groups can inform and influence the process. We will also examine markets like the airline industry or mail delivery that, though once regulated, have since been deregulated.
Course structure:
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Description of the teaching methods | ||||||||||||||||||||||||||
Lectures and case discussions. The class meetings are interactive and require ongoing engagement of the students. | ||||||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||||||
Office hours during course period.
Take-home exercises and cases will be discussed in class. |
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Student workload | ||||||||||||||||||||||||||
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Further Information | ||||||||||||||||||||||||||
6-week course.
Preliminary assignment: The course coordinator uploads Preliminary Assignment on Canvas at the end of May. It is expected that students participate as it will be included in the final exam, but the assignment is without independent assessment and grading.
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Expected literature | ||||||||||||||||||||||||||
Textbooks: Decker, Christopher, “Modern Economic regulation - an introduction to theory and practice”, Cambridge university press, 2015
Viscusi, W. Kip, Joseph E. Harrington, Jr. and David E.M. Sappington, “Economics of Regulation and Antitrust”, 5th Edition. The MIT Press, Cambridge, MA, 2018
Case studies will be distributed in class e.g. "Hewlett Packard and e-Waste Regulation", Stigler Center |