Economics of Pricing
March 17 - April 27, 2014
What drives costs? How do customers react to prices? What impacts do subsidies have?
Build your foundation for difficult utility pricing decisions with our new online course “Economics of Pricing.” Learn from experts and exchange experiences and best practices with peers through the latest in internet technology.
The course Economics of Pricing is designed to introduce engineers, lawyers, and other professionals to the conceptual framework for designing price structures in infrastructure industries. When implemented, these rate designs can promote efficiency and financial sustainability. In addition, the course will show how to minimize the efficiency impacts of cross-subsidies when several customers in separated markets are purchasing one or more products from a network. This foundational material will help decision-makers develop rate structures that promote financial sustainability, while encouraging efficiency and fairness.