Economics of Market Regulation

Master Degree in Competition and Market Regulation

Master Degree in Health Economics

9 cfu, a.y. 2022/23

Teaching period

First semester: 27 September 2022 - 20 December 2022

Class hours

Monday: 16.00-18.00, Room Laboratorio informatico ecodir (VI floor)

Tuesday: 18.00-20.00, Room 2C (VI floor)

Wednesday: 10.00-12.00, Room 2C (VI floor)

Office hours
Tuesday: 10.00-12.00

Please, send an email to to make an appointment.


The course is designed for students with good knowledge of intermediate microeconomics and macroeconomics.


Motivations for Economic Regulation

Natural Monopoly and Regulation

Alternative solutions to Natural Monopoly

The Regulation of Potentially Competitive Markets

Motivations for Social Regulation

Environmental Regulation

Safety Regulation and Patents

Regulation in the health sector

Cost-Benefit Analysis

Suggested Readings

Economics of Regulation and Antitrust, W. Kip Viscussi, Joseph E. Harrington and John M. Vermon, Fourth Edition, MIT Press (chapters 1-2-3-4-10-11-12-13-14-15-16-19-20-21-22-24).

Available at Biblioteca Federico Caffè (

Public Finance and Public Choice: Analytical Perspectives. John Cullis and Philip Jones, third edition, Oxford University Press (chapters 1-2-5).
Available at Biblioteca Federico Caffè (

The Economics of Health and Health Care, Sherman Folland, Allen C. Goodman, Miron Stano, 8th Edition, Routledge (chapters 13-17-24). 
Available at Biblioteca Federico Caffè (

Lecture slides and additional readings are provided during the course through Classroom (google suite platform). The code to access the platform will be provided during the courses. Please, register using the institutional e-mail address.

Topics and readings may be added or deleted as the term progresses.

The final program will be available at the end of the course.


Attending Students:

Paper presentation (50% of final mark). Students are required to present a paper to the class. The paper will be assigned at the beginning of the course.

Final exam (50% of final mark). Students are required to answer two questions among the four that are proposed and that concern only the topics covered during the course. The final exam is written and will last 90 minutes.

Non-Attending Students:

Final exam. Students are required to answer to four questions. The final exam is written.

Exams schedule

January 24, 2023

February 14, 2023

June 23, 2023

July 18, 2023

September 13, 2023

October 12, 2023

April 18, 2023