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Laws and regulations are designed and implemented by the government to ensure that there would be rules to be followed. To be guided by these regulations is important to offer the best living condition.

You will learn from this [course_title] what the role of the government in the markets is. You will be equipped with basic knowledge on the importance of market structure and industrial performance to focus on environmental, health, and safety regulation.


This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer need to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.


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Course Credit: MIT

Course Curriculum

Module 01
class1 The Role of Government 00:35:00
class2 Markets 00:30:00
class3 Markets cont’d 00:30:00
class4 The Dominant Firm and Strategic Competition 00:35:00
class5 Introduction to Economic Regulation 00:30:00
class6 Public Enterprise 00:35:00
class7 Regulating Natural Monopolies Electric Power Example 00:30:00
class8 Franchise Bidding The Case of Cable Television 00:35:00
class9 Dynamic Issues in Natural Monopoly Regulation 00:30:00
class10 Dynamic Issues in Natural Monopoly Regulation 2 00:25:00
class11 Deregulation of Surface Freight and Airlines 00:30:00
class12 Preparation for Midterm Exam 00:30:00
Module 02
class13 Problems of De-regulation – The Case of UK Railways 00:25:00
class14 Problems of De-regulation -The Case of Californian Electricity 00:25:00
class15 Introduction to Social Regulation 00:20:00
class16 Valuing Non-Market Goods 00:25:00
class17 Environmental Regulation 00:25:00
class18 Markets for Clean Air 00:20:00
class19 Markets for Greenhouse Gases 00:30:00
class20 Regulation of Workplace Safety 00:25:00
class21 Regulation of Patents The Case of Pharmaceuticals 00:35:00
class22 Regulation of Copyright The Case of Internet Music 00:30:00
class23 Conclusion and Exam Syllabus 00:15:00
class24 Preparation for Final Exam 00:15:00
Submit Your Assignment 00:00:00
Certification 00:00:00

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