Course author
Hairo Senosain
Hairo is the author of Regulation 102 and other courses in MCC's economics and quantitative methods series.
Quick Answer
Regulation 102 is an on-demand course on economic regulatory frameworks. It explains what a regulatory framework is and how it shapes a sector, reviews current trends in economic regulation and looks at how regulation is responding to new technology and social change, with examples from energy, water, telecoms and finance. You get the video lecture, slides, a quiz and a transcript as soon as you buy.
Key takeaways
- A regulatory framework sets out who regulates a sector, what powers they have and how rules are made and enforced.
- Frameworks shape how regulated industries invest, price and serve their customers.
- Economic regulation keeps changing as technology and society change, and the course looks at where it is heading.
- It is recorded, with no live session, and access starts immediately after purchase.
What will you be able to do after the course?
You will be able to describe how a regulated sector is governed and how that is changing. The course is built around three outcomes.
- Understand the framework. Explain what a regulatory framework is and how it shapes industries and sectors.
- Work with it. Understand the regulatory environment well enough to comply effectively and handle challenges with confidence.
- Look ahead. Follow current trends in economic regulation and join informed discussion on the role of government in a market economy.
What does the course cover?
The lecture follows the published agenda, and a quiz at the end tests your understanding.
- Introductions and guest speaker
- Building on foundations: A recap of what regulation is, from Regulation 101
- Overview of regulatory frameworks: the definition of a regulatory framework and its role in shaping a sector
What do the key terms mean?
These are terms you will meet in the course, in plain English.
| Term | Meaning |
|---|---|
| Regulatory framework | The laws, rules, institutions and processes that together govern a regulated sector. |
| Economic regulation | Rules that control the prices, revenues or service standards of companies where competition cannot protect customers. |
| Regulator | The body that sets and enforces the rules for a sector. |
| Regulated sector | An industry, such as electricity, water or telecoms, whose companies must follow rules set by a regulator. |
| Compliance | Meeting the obligations the regulatory framework places on a company. |
| District cooling | A network that supplies chilled water from a central plant to cool many buildings, common in the Gulf. |
Who is the course for?
It suits anyone who works in, invests in or advises a regulated sector, or wants to understand how the economic system functions.
- Aspiring professionals in regulated sectors
- People new to a regulated sector
- Lawyers in regulated sectors
- Engineers in regulated sectors
- Decision makers in regulated sectors
- Investors and agents
- Due diligence analysts
- Policy enthusiasts
Which courses should you take first?
Regulation 102 is the second course in MCC's regulation series. It follows the introduction in Regulation 101 and leads on to evolving frameworks in Regulation 105 and the Price Controls series.
- 101Introduction to regulation
- 105Evolving regulatory frameworks, in person
- PC101 Price and revenue caps
- This course
Browse every title on the MCC Economics courses page.
Why learn this from MCC Economics?
MCC Economics advises regulators, government bodies and utilities on economic regulation, and its Gulf work includes Abu Dhabi, Dubai and Oman. The firm was founded in London in 2017. Its regulatory economics work covers energy, water, aviation and infrastructure. You can read the team's background on the people page.
I am delighted to recommend PJ and his team from MCC Economics. They helped us with our price controls for Heathrow airport and for NATS (En Route) plc (the air traffic services provider).
Questions buyers ask before registering
Who teaches Regulation 102?
See the instructor profiles near the top of this page for the current teaching team.
Is there a live session?
No. Regulation 102 is available on demand only and no meeting is held. You watch the recorded lecture at your own pace.
What do I get when I buy?
A video lecture, the slides, a quiz and an audio transcript.
When can I start?
Straight away. Access to all course materials is given as soon as the order is placed.
What is a regulatory framework?
A regulatory framework is the set of laws, rules, institutions and processes that govern a regulated sector. It defines who the regulator is, what powers it has and how rules are set and enforced.
Do I need to have taken Regulation 101?
It helps. Regulation 102 builds on the foundations covered in Regulation 101, which introduces what regulation and economic regulation are.
How much does it cost?
The MCC Economics courses page lists Regulation 102 at £32.68. The final price is shown at checkout on Eventbrite.
Can my team take the course together?
Contact MCC Economics through the consultation page to discuss places for a team or training tailored to your organisation.
Page last reviewed October 2026.
.png)
