Learning Outcomes:
On successful completion of this module students should have:
1. An understanding of the objectives and role of competition policy, and its relevance for sustainable development and long-run economic performance.
2. An ability to apply competition policy frameworks and economic intuition to analyse competition issues arising in markets relevant to sustainability.
3. Analytical and critical thinking skills in the evaluation of competition policy issues, including the assessment of policy trade-offs involving competition, efficiency, innovation, and sustainability considerations.
4. An understanding of industrial policy as a driver of industrial evolution
Indicative Module Content:
- The objectives of competition policy and its role in promoting effective competition
- Economic intuition and frameworks for analysing competition and market outcomes
- Market power and competitive constraints in practice
- Collusion and coordinated behaviour in markets
- Mergers, market structure, and sustainability-related efficiency considerations
- Vertical restraints, supply chains, and competition
- Competition policy challenges in dynamic markets, including innovation and sustainability transitions
- Industrial policy and structural change in the context of sustainable development
- The role of industrial policy in shaping industrial development, innovation, and sustainability outcomes
- Online learning on industrial policy and development through the SDG Academy