Business Economics: Competition Law and Economics
This one-year, research-based programme has a strong international focus on competitive environments and the regulatory regimes that govern them and concern business.
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The programme in brief
Market regulation and competition law enforcement are needed where markets fail to be competitive. Anti-competitive behaviour, such as collusion and monopolisation, requires government control, while such policy implementation itself is prone to government failure. The complex interaction of these forces are what you will learn to navigate in this track.
It's a fascinating subject, as technological developments and new business strategies continue to pose challenges to the design and implementation of market oversight. Apart from economic theory, econometrics, basic law and jurisprudence, a key part of the curriculum focusses on applied law and economics through complex cases of competition policy, in particular of the European Commission. Combined, the modules prepare for a leading role in competitive environments.
The Competition Law & Economics track of the Master’s programme in Business Economics is a one-year programme of 60 ECTS credits (1 ECTS credit = 0.5 US credits). The academic year runs from September to the beginning of July and is divided into two semesters, each with three periods. Each period culminates in an examination.
You'll start with two foundation courses on business behaviour: Strategy and either Markets & Organisations or Advanced Industrial Organisation. Parallel to this you'll gain knowledge in the specialisation courses Applied Econometrics and European Competition Law. Courses in law will be taught at the Faculty of Law, which gives you opportunity to interact with another discipline. At the end of the semester, you are fully prepared to take on the applied course Empirical Market Analysis.
The second semester starts with the two complementary specialisation courses: Competition Policy and Applied Industrial Organization. These focus on several landmark competition cases and the economic theory of harm that is at the heart of them. You will learn to apply theoretical and empirical industrial organization.
Throughout the semester, you’ll work on your thesis research, for which we offer thesis seminars to help the processes of formulating a clear and interesting novel research project, embedded in the existing literature, developing proper models and collecting and analysing data.
You’ll have the freedom to integrate your thesis writing with an internship and/or a period of studies abroad. The track concludes with your submission of the final thesis in the summer.
The master's thesis is the final piece of work you will be required to complete prior to graduation. You’ll write the thesis based on your chosen track, and will be supervised by one of the researchers from this specialisation.