Professional Certificate Course in The Pricing Practices and Market Failure

Discover the exciting world of tourism promotion and travel distribution systems with our cutting-edge module, covering everything from marketing strategies to the latest trends in the industry.

Completion Time

2 Weeks

Accreditation

3 CPD Hours

Level

Advanced

Start time

Anytime

About the course

The Pricing Practices and Market Failure course aims to provide students with an understanding of the role of prices in market economies and how pricing practices can contribute to market failure. The course examines the various factors that influence pricing decisions, such as market structure, consumer behaviour, and government policies.

After the successful completion of the course, you will be able to:
  • Understand Price Discrimination & International Price Discrimination.
  • Understand Transfer Pricing & Pricing in Practice Cost-Plus Pricing.
  • Explore Different types of Pricing in Practice.
  • Understand Capital Budgeting.
  • Understand how to Evaluate Investment Projects.
  • Understand Market failure and regulation.
  • Understand Risk Analysis.

Course details

The course examines the various factors influencing pricing decisions, such as market structure, consumer behaviour, and government policies.

Students will learn about different pricing strategies, including price discrimination, bundling, and dynamic pricing, and their implications for market outcomes. The course also covers the concept of market failure and the various market failures, including externalities, public goods, and asymmetric information.

Module: The Pricing Practices And Market Failure

Lecture: 1
Quiz: 1

The course delves into an exploration of multiple factors impacting pricing decisions, encompassing market structure, consumer behavior, and government policies.

Throughout the course, students will acquire insights into diverse pricing strategies. These strategies encompass price discrimination, bundling, and dynamic pricing, and their potential effects on market dynamics. Additionally, the curriculum encompasses the notion of market failure, encompassing various manifestations such as externalities, public goods, and asymmetric information.

Pricing Practices and Market Failure
The Pricing Practices and Market Failure

Accreditation

All of our courses are accredited by the relevant partners and awarding bodies. Please refer to our information in about us for more details.

Entry requirement

There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.

The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.

  • Pricing Manager
  • Marketing Analyst
  • Sales Manager
  • Product Manager
  • Business Consultant
  • Economist
  • Financial Analyst
  • Market Research Analyst
  • CEO, Director, Manager, Supervisor
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