The success of a new pricing campaign relies on the balance of many factors, some are measurable and some seem to depend mostly on creativity and talent
The challenge is to bring the science much closer to the “artistic” part
In this webinar the participants will learn about:
Behavior Pricing analytics framework, profitability modeling, simulations and forecasting
Needs Determining pricing structures based on segments/micro segments needs
Perceptions Value based pricing strategy in practice
Influential Behavioral economics real life examples – providing additional science into pricing structures & campaign messages
Price Variation Limits and Financial Market Bubbles: Artificial Market Simulations with Agents' Learning Process: presented by Takanobu MIZUTA et. al., EEE Symposium Series on Computational Intelligence, Computational Intelligence for Financial Engineering and Economics (CIFEr), 2013.
Managerial Economics | Overview and SummaryMBA ASAP
Managerial economics deals with the application of the economic concepts, theories, tools and methodologies to solve practical problems in a business. It helps the manager in decision making and acts as a link between practice and theory.
The success of a new pricing campaign relies on the balance of many factors, some are measurable and some seem to depend mostly on creativity and talent
The challenge is to bring the science much closer to the “artistic” part
In this webinar the participants will learn about:
Behavior Pricing analytics framework, profitability modeling, simulations and forecasting
Needs Determining pricing structures based on segments/micro segments needs
Perceptions Value based pricing strategy in practice
Influential Behavioral economics real life examples – providing additional science into pricing structures & campaign messages
Price Variation Limits and Financial Market Bubbles: Artificial Market Simulations with Agents' Learning Process: presented by Takanobu MIZUTA et. al., EEE Symposium Series on Computational Intelligence, Computational Intelligence for Financial Engineering and Economics (CIFEr), 2013.
Managerial Economics | Overview and SummaryMBA ASAP
Managerial economics deals with the application of the economic concepts, theories, tools and methodologies to solve practical problems in a business. It helps the manager in decision making and acts as a link between practice and theory.
7. Suggest how many profits you plan to make and over what period of time.Activity 1<br />Every student has to maintain a news file for Economic News especially and discussion on the same news will be asked for in the class any day and also there will be news viva at the end of Trimester from the same news file.(5% weightage)<br />References<br />G.S Gupta, Managerial Economics, McGraw-Hill<br />Samuelson, Paul A. and William D. Nordhaus. Economics, 18th edition, McGraw-Hill/Irwin, 2005<br />Dominick Salvatore, Managerial Economics, Oxford Education<br />