BTF5110 - Regulatory analysis and design

There is a more recent version of this academic item available.

Overview

Regulation is a central form of intervention in the world’s economies and societies and therefore a critically important area of study. This unit examines leading regulatory theories and their influence on the strategies used by various regulatory actors. These actors include the state and its enforcement agencies, civil society organisations, industry associations, enterprises and private individuals. We discuss theories of enforcement such as responsive regulation, as well as alternative regulatory systems including self-regulation, meta-regulation, private regulatory schemes and transnational regulation. Also featured is discussion of big data, artificial intelligence and the future of regulation. The unit draws examples from around the world, including Australia. You will examine and evaluate empirical evidence of the effectiveness of regulatory systems and apply this to the design of new regulatory approaches.

Offerings

S1-01-CAULFIELD-BLOCK-ON

S1-01-CAULFIELD-ONLINE

Requisites

Prohibition

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Dr Meredith Edelman

Learning outcomes

On successful completion of this unit, you should be able to:

identify and understand the roles of important business regulation actors in Australia

appreciate the complexity and historically evolving nature of the business regulation environment in Australia

identify and critically analyse leading regulatory theories and their application in practice

identify and critically analyse empirical evidence of the effectiveness of various regulatory strategies.

Teaching approach

Problem-based learning

Research activities

Enquiry-based learning

Active learning

Assessment

1 - Within semester assessment

Scheduled and non-scheduled teaching activities

Seminars

Workload requirements

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.