Udemy course Introduction to the economics of public services regulation by Antonio Estache
Introduction to the economics of public services regulation is the best Udemy course on the market. With this offer they will be able to greatly improve their knowledge and become more competitive within the Finance & Accounting category. Therefore, if you are looking to improve your Finance & Accounting skills we recommend that you download Introduction to the economics of public services regulation udemy course.
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Course data:
- Author: Antonio Estache
- Course rating: 4.8
- Category: Finance & Accounting
- Modality: Online
- Status: Available
- Idiom: English
Abouth Antonio Estache
I am a professor of Economics at the Université libre de Bruxelles. I teach regulatory economics, public economics and environmental economics. Before becoming a professor, I worked for 25 years at the World Bank and in that context I helped set up regulatory agencies and design the regulation of key public services
What the udemy Introduction to the economics of public services regulation course teaches?
What you’ll learn Understand WHY key essential public services need some regulatory supervision Learn HOW to think through the regulatory needs as an economist Have a good sense of HOW to regulate WHAT and WHEN Learn the core dimensions of the basic ECONOMIC TOOLS of regulation as they are used in the real world when regulation is taken seriously by the authorities
A smooth introduction to the complex theory and practice of the regulation of public services
More information about the course Introduction to the economics of public services regulation
This course focuses on how best to regulate (public or private) firms responsible for the delivery of what are commonly viewed as public services in the context in which the service providers enjoy significant market power. The lectures get into both the theory and the practice of regulation. The main illustrations of the concepts are from the infrastructure industries (airports, energy, rail, roads, ports, telecoms, water and sanitation). These sectors represent investments and maintenance expenditures of 5-20% of GDP (depending on the level of development of the country) and are major contributors to the growth capacity of countries and of their competitiveness. . They also represent a very large share of the required spending of every household. The poorer the household, often, the higher the share it needs to spend on these public services. Finally, because of the high amounts invested in the sector and the large size of many of the projects required, these services are quite exposed to corruption risks. This is why these services are so politically sensitive and why governments, non-governmental organization and other stakeholders spend a lot of energy debating how best to regulate them.. By the end of the class, you will see that the key issues you’ll learn are representative of many of the trade-offs covered in the ongoing policy debates and you should be able to develop your own view on what desirable regulatory policies and institutions should be in public services, and probably more generally.
