Regulation of U.S. Industries

Section 1, Spring 19

Schedule Information

Enrollment: 14/16
Credits: 2
Day Time Room Start Date End Date
12/31/1969 12/31/1969

Course Description

From environmental regulation designed to address climate change to regulation intended to prevent another financial-system crisis, contemporary policy debates highlight the importance of these questions: What are the principal regulatory policies used in the United States in different sectors of the economy? What are the public-policy goals of these regulatory regimes and are they effectively designed to achieve their goals? This seminar examines those questions from both legal and economic perspectives, and in terms of regulatory theory, examining such issues as regulatory capture and rent-seeking. Major topics include the constitutional framework of regulation in the United States, how economic analysis informs legal and policy analysis, a review of different types of regulation, including price regulation, environmental protection and safety regulation, and the effectiveness of antitrust law in protecting competition as a price regulator. The course will also survey major industry sectors and analyze the regulatory structure of each, including insurance, banking, and monopolies such as public utilities. While an undergraduate economics degree is not a prerequisite, students are expected to learn how to apply basic economic principles in evaluating different regulatory policies.

Course Requirements

Exam Info:
Midterm Type (if any): None
Description: None

Final Type (if any): Flex
Description: Flex exam at end of semester.

Written Work Product
Written Work Product:

Other Work

Other Course Details
Prerequisites: None Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: No
Course Notes:

Graduation Requirements

*Satisfies Writing Requirement: No
**Credits For Prof. Skills Requirement: No
Satisfies Professional Ethics: No

*Yes means professor requires everyone in the course to submit a substantial research paper (which is the requirement standard in Academic Policies), so no paperwork required to be submitted to SRO. No means student must timely submit paperwork to SRO if intending to use a paper in this course to satisfy the Writing Requirement.

**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.

Schedule No.
Law No.
Modified Type
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
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Evaluation Portal Via LawWeb Closes: