There are no prerequisites, but consider:
No prerequisites required except for interest in
OPEN TO IE STUDENTS ENROLLED IN THE FOLLOWING DEGREES (SINGLE AND DUAL): OPEN TO ALL PROGRAMS
Free competition increases economic welfare as it incentivates companies to invest in innovation, technological progress and achieve efficiency gains as well as market integration. In return, consumers benefit from lower prices, more product quality and options to choose. Therefore, it is crucial to ensure the well functioning of competitive markets through strong competition policies.
This program aims at explaining the relevance and insights of competition policy as a subject for applied microeconomics, allowing students to spot the red lines regarding firm behaviour and understand the principles underlying the decisions taken by competition authorities based on economic principles and evidence. During the course, students while realize how competition policy impacts daily in our lives and the many references to it in the press (for instance, announcements of mergers between firms, cartel infringement decisions or agreements among companies which need to undergo a competiton assesment).
The course will cover the main economic concepts stemming from the Theories of Industrial Organization that are at the heart of the Antitrust & Competition policy and will delve into the tools and methodologies to identify the risks of anticompetitive market behaviour.
The objective of this subject is to understand how to apply economic principles and tools within competition policy. Students will learn the main pillars of competition policy to address competition distortions and how economic analysis can help in the process. It can be particularly useful for students willing to join in the future consultancy firms as it will help them identify institutional and economic issues that are relevant to decision making processes regarding competition policy. It is also attractive for students keen on learning more about public policies and how good economic reasoning contributes to make markets work more efficiently.
