Economics of Market Regulation

Master Degree in Competition and Market Regulation 

Master Degree in Health Economics 

9 cfu, a.y. 2023/24

Teaching period

First semester: 18 September 2023 - 19 December 2023

Class hours

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

Tuesday: 18.00-20.00, Room 1D (VI floor)

Wednesday: 14.00-16.00, Room 1D (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, 2024 

Februay 14, 2024 

April 18, 2024  

June 24, 2024 

July 16, 2024 

September 18, 2024 

October 28, 2024