Economic Regulation

6 ECTs / Semester-Long Course / English

Introduction to the economics of network industries (electricity, natural gas, telecommunications and water supply). Main Economic Regulatory models (without and with incentives) of companies subject to regulation. Incentives to OPEX and CAPEX. Pricing theory for network industries and applications to real cases. Privatization, unbundling and liberalization of network industries.
(Course also available for 3rd year undergraduate students).

Master Program Prerequisites: None

Undergraduate Program Prerequisites: Microeconomics I