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Modern Economic Regulation: An Introduction to Theory and Practice

Modern Economic Regulation: An Introduction to Theory and Practice

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  • More about Modern Economic Regulation: An Introduction to Theory and Practice

Economic regulation is essential for shaping how we access services and communicate in the digital world. Modern Economic Regulation provides insights into economic theory and how it is applied, with updated chapters on behavioural economics and new topics such as rail, aviation, payment systems, and digital platforms.

Format: Hardback
Length: 774 pages
Publication date: 08 June 2023
Publisher: Cambridge University Press


Economic regulation has a profound impact on our daily lives, influencing our access to essential services such as water, energy, and transportation, as well as our interactions in the digital realm. Modern Economic Regulation provides a comprehensive understanding of the core principles of economic theory that underpin regulatory policies. It establishes a connection between these theoretical insights and the practical application of regulation across various industries. The book delves into fundamental questions such as why certain industries are regulated, what guiding principles can inform regulatory decisions, and how regulation is implemented in practice.

In its second edition, the book has been thoroughly updated to reflect the latest research and evidence. Five new chapters explore the regulation of rail, aviation, payment systems, and digital platforms, reflecting the evolving landscape of economic regulation. Each chapter includes engaging discussion questions and topical case studies, fostering a deeper understanding of the regulatory challenges and opportunities in these sectors. Additionally, online materials include over 60 applied exercises that allow students to apply their knowledge to real-life regulatory problems from around the world.

By examining the impact of economic regulation, Modern Economic Regulation equips students with the tools they need to analyze and evaluate regulatory policies, promote economic efficiency, and contribute to the development of sustainable and inclusive economies. Whether you are a student, professional, or policymaker, this book offers valuable insights into the complex world of economic regulation and its role in shaping our modern society.


ISBN-13: 9781316514511
Edition number: 2 Revised edition

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