Saturday, August 29, 2009

Role of Economics in Competition Law

Posted by D. Daniel Sokol

UCL Jevons: Role of Economics in Competition Law Logo

The UCL Jevons Institute is again running its popular masters level course on Role of Economics in Competition Law, starting in October 2009.

This objective of this 13 week course (between October 2009 - March 2010)  is to introduce the economic theories that underlie competition law and the methods that are used to assess whether business practices are nefarious, benign, or healthy.

The course consists of two parts:
The first part involves a rigorous introduction to microeconomics and industrial organization theory.  It provides a basic introduction to the economics of markets including the theory of the firm including profit-maximising pricing, perfect competition, monopoly, oligopoly, product differentiation, vertical relationships, and multi-sided markets.

The second part involves the rigorous application of economics to competition policy. It includes the analysis of market power, market definition, cartels and other coordinated behaviour, unilateral conduct including predatory and exclusionary practices, horizontal and vertical mergers, and antitrust and intellectual property. 

The course is designed to provide students with a deep understanding of how economics is applied to competition policy.

The course covers:
- Economics of Competition Policy   
- Firms and Profit Maximiation
- Demand, Supply and Static Competition    
- Market Power and Welfare       
- Cartels and Other Coordinated Practices
- Product Differentiation and New Products
- Market Definition and the Analysis of Market Power    
- Oligopoly and Game Theory 
- Horizontal Mergers     
- Pricing Strategies and Abuses     
- Economics of Vertical Relationships and Integration       
- Vertical Foreclosure and Mergers
- Two-Sided Markets 

For more information about the course, how to book and prices please use the link below. Space is limited to 10 practitioner places on this course.

You are invited to the following event:
UCL Jevons Institute: The Role of Economics in Competition Law & Policy

Tuesday, October 06, 2009 at 6:00 PM
- to -
Tuesday, March 02, 2010 at 8:00 PM (GMT)

UCL Law Faculty
Bentham House
Endsleigh Gardens
London, London WC1H 0EG
United Kingdom

For more information click here

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