Economic Foundations of Pricing
Online
5 Weeks
Free Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study, Virtual Classroom | Video and Text Based |
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | IIM Bangalore |
The Syllabus
- What is market clearing price?
- Understand price setters vs price takers, supply and demand curves.
- Covid price increases/decreases/no-change
- What is demand?
- Price response functions
- Revenue maximization
- Elasticity
- Terms: (marginal cost, fixed cost, incremental cost), CM, operating margin, %margin, mark-up
- Price optimization
- Break-even sales change
- Competition based heuristics
- Understanding objectives and economic framework
- Demand curves and pricing
- Price discrimination
- Game theory
- Auctions
Articles
5 Nov'24, 11:22 AM
1 Feb'24, 06:36 AM
5 Nov'24, 11:22 AM
1 Feb'24, 06:36 AM