This module aims to provide an introduction to the key approaches, concepts, and issues in the study and practice of regulation. Regulation has not only become an increasingly preferred policy instrument of governments, but it is also widely used by industries themselves. In the module, we assess the rise of the regulatory state, the different approaches to regulation, the regulatory instruments that are used, and the actors that are involved in the process. Also, selected areas of regulation – including competition policy and financial and environmental regulation – are explored in more detail. We focus on the different explanations of the introduction of, and changes in, regulatory policies, instruments and institutions, and we evaluate the merits of these explanations.
The module is interdisciplinary in nature, building mainly on the literature on regulation in political science, law and economics. The focus of the module is generic, though the literature is mainly concerned with regulation in EU and OECD countries.
*Please note that module information is indicative and may change from year to year.
Ten weekly seminar sessions of two hours, weekly lecture clips to be watched before each seminar
Module assessment - more information
Two essays - one 1500-word essay (30%) & one 3500-word essay (60%), and weekly seminar discussion questions (10%)