Government and the Market

Korea University

Course Description

  • Course Name

    Government and the Market

  • Host University

    Korea University

  • Location

    Seoul, South Korea

  • Area of Study

    Development Studies, Political Science, Public Policy Studies

  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credits

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    In a modern polity, government intervenes in almost every aspect of the life of individuals,
    businesses, and the market. In so doing, regulatory policies are one of the most-widely adopted
    tools by the government. In recent years, government regulation has provoked a controversy
    surrounding its rationales and effectiveness because of its great impact on the economy. The
    complex nature of regulation requires a multi-disciplinary approach in order to assess the
    rationales for and effectiveness of regulatory policies. In this light, the goals of this course are to introduce a comprehensive survey of literature on regulatory studies and to address the major
    policy areas of regulation. Special stress is placed on the application of the theories to the real
    policies we observe everyday. The first part of this course examines concepts, a brief history
    and theories of regulation with an emphasis on the regulatory policymaking process. The
    second part is concerned more with empirical questions as to the direct and indirect impacts of
    regulation. At the end of the semester, it is expected that students will be equipped with a
    critically analytic lens through which they can understand the regulatory policies of government

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations