Course topics:

• Competitiveness – determinants, indicators, policies that affect competitiveness or determine factors of competition; Theories of market entry barriers and their handling; Introduction of micro policies that affect competition conditions
• The lack of EU-level common industrial policy(?); EU2020 programme; Example for local industrial development with horizontal perspectives
• The EU in international trade; Trade policy and development policy and their impact on partner countries; Trade policy in practice – customs union, TARIC system as a tool of positioning different players of the economy
• Competition regulation of the EU; Different competition and state aid policies as a factor of local economic possibilities; Introduction of highlighted competition distorting cases.
• Liberalization as a part of common competition regulation and as a consequence of internal market.
• Industrial, trade and competition aspects of Intellectual Property Regulation

Aims:

Students will:

• be able to understand the basics, the background and the logic of creating competition regulation instead of active industrial policy for the EU
• learn the methodology of evaluating different competition distorting situations
• be able to understand the impacts of micro level policies on the players of the not only EU economy

Essential reading:

Somosi, Sarolta (2008): Common trade, competition and industrial policies of the European Union. JATEPress, Szeged (ISBN: 978-963-482-877-7)

Recommended readings:

Motta, M. (2004): Competition Policy: Theory and Practice. Cambridge University Press, (ISBN: 9780521016919)

Cowling, K. (ed.) (2013): Industrial policy in Europe. Theoretical perspectives and practical proposals. Routledge, London. (ISBN-10: 0415204933, ISBN-13: 978-0415204934)

Carlton, D. W. – J. M. Perloff (2005): Modern industrial organization. Pearson/Addison Wesley. (ISBN: 0-321-22341-1)