Francesco Nicoli
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Draft outline for a course on Space Policy & Economics

As many of you know, since many years I follow the process of "commercialization" of the Space Sector with great interest. I am finally planning to put in on paper and create a course (BA level) on it. Here below you will find the main points of my proposed course; if anyone has good suggestions for scientific literature on the topic, please write me at f.nicoli@uva.nl!   proposed outline
  1. A short introduction to space politics through history
  2. The economics of the space sector: introduction
  • Why states invest in space?
    • science, industrial base, military dominance, prestige, commercial assets
  • The sectors of the space industry
    • Rocketry, satellite manufacturing, services; the value-chain
  • Barriers in the space sector
    • Structural barriers: technology, policy choices
    • Economic barriers: entry costs, development costs
    • Production rates, return on investment and the role of government demand
  • Market models: monopolies, oligopolies. No perfect competition?
     3. The politics of the space sector
  • Domestic politics
    • Research and national prestige; industry protection and continuation; constituency appeasement; homegrown rocketry
  • International politics
    • Military competition, scientific cooperation?
     4. The governance of the space sector
  • International governance
    • Outer Space Treaty (OST), Moon Treaty, ISS Agreement; the role of the UN. The issue of planetary protection.
  • European Governance
    • The ESA and national space agencies cooperation
      5. New trends
  • “old” vs “new” space?
  • Challenges and benefits of reusability
  • In-space manufacturing
  • The issue of property rights; US and Luxembourg legal innovation
  • Tourism and private manned activities
  • Towards permanent settlement?
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