LAW - 872 Regulatory Law & Policy

(2 hrs.)

This course provides an overview of the regulatory process, including the rationale for regulatory programs and reasons for ending or deregulating them, how and why Congress creates or abolishes agencies, how agencies administer their statutory programs, and alternatives to traditional regulations. In addition, it will consider business regulation as a way to address market failures, including natural monopoly, externalities, or problems arising from costly or asymmetric information. Administrative Law (LAW-601) preferred.