The Economics of Regulation and Deregulation

York University: ECON 6120
Author: Tolias, T.
Source: York University: Schulich School of Business
Year: 2006

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Abstract:

This syllabus is available for download below to all CasePlace.org users. In Canada and around the world, governments are revisiting their traditional regulatory practices towards business. This course surveys the basic economic principles providing the rationale and the “blueprint” for government regulatory intervention, and discusses instances of such intervention in the light of recent experience both in Canada and elsewhere. The course objective is to provide future business professionals and managers with up-to-date theoretical and practical knowledge in an area of government activity with far-reaching consequences for both business performance and consumer welfare. The discussion ranges over a wide variety of issues regarding direct and indirect regulation, regulatory failures, as well as deregulation. These may include mergers, strategic alliances, privatization of public enterprises, product safety and consumer protection, occupational health and safety, etc. Other regulatory issues regarding financial markets and institutions, insurance, the environment, health care, labour markets, transportation, trade, agriculture, etc., may also be discussed.