Course Details
Price theory
Academic Year 2023/24
DV71 course is part of 2 study plans
D-P-C-SI (N) / FMI Summer Semester 1st year
D-K-C-SI (N) / FMI Summer Semester 1st year
General price theories as part of economical theory. Benefit theory. Demand theory. Value theory. Value and price. Productional function and costs. Cost curves. Cost analysis. Theory of price in differet competitional settings. Pricing policy in company. State pricing policy. Market protection. Price regulation. Price and total balance of economical system. Inflation. Cost analysis of inflation. Price indexes. Price manner in time. Price parity. Price of currency. Currency rates.
Course Guarantor
Institute
Objective
To emphasize position of prizes in the whole economical course of evets in consecutiveness to macro and microeconomical problematics. Price as carrier of decision activity.
Knowledge
Knowledge of bases of economic price theory. Ability to focus on pricing policies.
Syllabus
1. Position of price and price levels in macroeconomics
2. Price and its function in microeconomic problematics
3. Theory of value and price
4. Theory of benefit and use of price
5. Costs and creation of price
6. Cost curves, cost analysis
7. Costs and price in accordace with branch economics
8. Price policy of state
9. Price policy of company
10. Market protection, touched legislation
11. Price regulation and its usability
12. Manner of prizes in time, currency rates
13. Price parity and its usability in EU
2. Price and its function in microeconomic problematics
3. Theory of value and price
4. Theory of benefit and use of price
5. Costs and creation of price
6. Cost curves, cost analysis
7. Costs and price in accordace with branch economics
8. Price policy of state
9. Price policy of company
10. Market protection, touched legislation
11. Price regulation and its usability
12. Manner of prizes in time, currency rates
13. Price parity and its usability in EU
Prerequisites
Macro and microeconomical problematics of appraisement of estate in general, companies’ manner at market, consumers’ possibilities of choice, model manner of market and price principles for subjects with aim to suceed and advance.
Language of instruction
Czech
Credits
8 credits
Semester
summer
Forms and criteria of assessment
examination
Specification of controlled instruction, the form of instruction, and the form of compensation of the absences
Extent and forms are specified by guarantor’s regulation updated for every academic year.
Offered to foreign students
Not to offer
Course on BUT site
Lecture
13 weeks, 3 hours/week, elective
Syllabus
1. Position of price and price levels in macroeconomics
2. Price and its function in microeconomic problematics
3. Theory of value and price
4. Theory of benefit and use of price
5. Costs and creation of price
6. Cost curves, cost analysis
7. Costs and price in accordace with branch economics
8. Price policy of state
9. Price policy of company
10. Market protection, touched legislation
11. Price regulation and its usability
12. Manner of prizes in time, currency rates
13. Price parity and its usability in EU