What students need to learn:
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Content
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Students should be able to:
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Additional Guidance Notes
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Government intervention to maintain competition in markets
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Explain and evaluate measures aimed at enhancing competition between
firms and their impact on prices, output and market structure.
Compare and evaluate the strengths and weaknesses of methods of
regulation for example price capping, monitoring of prices and performance
targets.
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Students should be able to explain why governments may intervene to
encourage competition, or prevent monopolies and mergers.
A detailed knowledge of the legislation that relates to competition
policy is not required.
Students will need to be aware of various types of private sector
involvement in public sector organisations, including contracting out,
competitive tendering and public private partnerships (PPP/PFI).
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