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Explain the Economic Rationale for Regulating either the Telecommunications Sector: Economics Assignment, TCD

University Trinity College Dublin (TCD)
Subject Economics

Answer either (1) or (2):

  1. (a) Explain the economic rationale for regulating either the telecommunications sector or the medical profession (Choose one sector. NB Students should concentrate on explaining the economic rationale for regulation and avoid spending significant space on a description of the sector.)

(b) What are the benefits & costs of the role played by special interest groups in the formation of policy?

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  1. (a) Explain the key elements of the writings of Ronald Coase and assess their contribution to the design of the environmental policy.

(b) Briefly, explain the role that Behavioural Economics can play in policy design. Use examples in your answer

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