4.3 — Pricing Strategies — Class Content

Meeting Dates

Section 1: Monday, November 28, 2022

Section 2 (Tu/Th) is skipping this topic and proceeding right to 4.4

Overview

Today we look at how firms price their products when they have market power (that is to say, how most firms in reality price their products).

Readings

• Ch. 10 in Goolsbee, Levitt, and Syverson, 2019

Recommended Reading

• NPR Planet Money 416: “Why The Price of Coke Didn’t Change For 70 years”

• NPR Planet Money 653: “The anti-store”

• NPR Planet Money 633: “The Birth and Death of the Price Tag”

• Why Trains are so Expensive

Slides

Below, you can find the slides in two formats. Clicking the image will bring you to the html version of the slides in a new tab. The lower button will allow you to download a PDF version of the slides.

Tip

You can type h to see a special list of viewing options, and type o for an outline view of all the slides.

I suggest printing the slides beforehand and using them to take additional notes in class (not everything is in the slides)!

Download as PDF