Learning Outcomes

In this free course, you will learn how to:

• Explain product pricing
• Recall the basic determinants of price
• Explain price discrimination
• Contrast Ramsey pricing to peak load pricing
• Discuss the three degrees of price discrimination
• Define 'dumping'
• Explain pricing based on the firm’s objectives
• Describe the product lifecycle pricing
• Contrast cyclical pricing to cost-based pricing
• Define 'multi-product pricing'
• List other types of pricing
• Compare Ramsey pricing to transfer pricing