Explanations for the development of regulation

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1. Choose a topic we covered in one of the weeks of the module.

(why regulation/why have regulation and regulatory agencies spread across the globe in/command and control regulation and its alternatives/enforcement techniques/nudge and market based regulation/ regulating public and privatised services/ beyond the state: global regulation and regulation by non-governmental organisation/ regulation, risk and scientific evidence/ better regulation/ regulatory accountability)

2. Identify and describe a key question we discussed relating to this topic.

3. Discuss the different answers given to this question (in the lectures, reading material, etc)

4. Which of these answers seems most convincing to you and why? Under what general conditions would you expect this answer to be more or less convincing?

5. In your answer, use at least one example, and demonstrate how it relates to the question and answers discussed above.

Important:

The assignment should be written as an essay, not as a list of answers.

Additional information:

Below, you will find additional information related to this assignment, including the learning outcomes assessed, advice on writing your essay, marking criteria and related technical issues.

Module Learning Outcomes Assessed

For information, the essay questions above can be related to the module's following learning outcomes.

There is no need to address these directly in your coursework essay.

Apply theoretical knowledge of regulation to real world examples.

Depending on how you address the question, you may find your answer is related to one or more of the following objectives:

1. Define regulation and explain its importance in society, government and business.

2. Explain how and why regulation develops, and contrast different explanations for the development of regulation.

3. Compare different regulatory tools and strategies and evaluate their relative strengths and weaknesses.

4. Compare different approaches to enforcement and evaluate their relative strengths and weaknesses.

Reference no: EM133648871

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