Topics in Regulation and Public Enterprises

3 credits · Undergraduate

(3 hrs Lecture) Regulation and public enterprises are two instruments used by governments to govern the allocation of resources in certain markets. Among the regulatory topics addressed are theories of regulation, cost of service regulation, rate of return regulation and price cap regulation. Reference is made to regulations in a number of industries, such as the energy, telecommunications and transportation industry. In addition, the role of Public Enterprises as an alternative approach to the allocation and distribution of resources is discussed. Restrictions: Honours Form Required. Requisite Courses: ECON-2101 and ECON-2201 with a minimum grade C+ [prerequisite(s)].