Professional Certificate in Pricing Practices and Market Failure

Monday, 16 February 2026 21:09:13

International applicants and their qualifications are accepted

Start Now     Viewbook

Overview

Overview

Pricing Practices

is a crucial aspect of business strategy, and market failure can have severe consequences. This Professional Certificate program is designed for professionals who want to understand the principles of pricing and how to apply them in real-world scenarios.

Market failure

occurs when the price of a product or service does not reflect its true value, leading to inefficiencies in the market. Pricing practices play a vital role in determining the success of a business.

Through this program, learners will gain a deep understanding of pricing strategies, market analysis, and the impact of market failure on businesses. They will learn how to apply pricing practices to optimize revenue and profitability.

By the end of the program, learners will be equipped with the knowledge and skills to analyze market trends, set prices that reflect true value, and make informed decisions to drive business growth.

So, if you're looking to enhance your career prospects and stay ahead in the competitive business landscape, explore this Professional Certificate program in Pricing Practices and Market Failure today!

Pricing Practices are a crucial aspect of business strategy, and the Professional Certificate in Pricing Practices and Market Failure will equip you with the knowledge to make informed decisions. This course will help you understand the principles of pricing, including cost-based pricing, value-based pricing, and competitive pricing. You'll also learn about market failure, including externalities and information asymmetry. With this certificate, you'll gain key benefits such as improved pricing strategies, enhanced competitiveness, and increased revenue. Career prospects are also promising, with opportunities in various industries, including finance, marketing, and management.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Pricing Strategy Development
• Market Failure Analysis
• Consumer Behavior and Demand
• Price Elasticity and Sensitivity
• Cost-Benefit Analysis in Pricing
• Market Structure and Competition
• Pricing in Digital Markets
• Price Discrimination and Targeting
• Pricing for Non-Profit Organizations
• Pricing in Emerging Economies

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

Start Now

Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

Start Now

  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
  • Start Now
    •

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Professional Certificate in Pricing Practices and Market Failure

The Professional Certificate in Pricing Practices and Market Failure is a comprehensive program designed to equip learners with the knowledge and skills necessary to effectively manage pricing strategies in today's dynamic market environment.
This certificate program focuses on the principles of pricing practices, including cost-based pricing, value-based pricing, and competitive pricing, as well as market failure and its impact on pricing decisions.
Upon completion of the program, learners can expect to gain a deep understanding of the complexities of pricing practices and market failure, enabling them to make informed pricing decisions that drive business growth and profitability.
The program is designed to be completed in a short duration of 4-6 months, with flexible learning options that cater to the needs of working professionals and individuals with busy schedules.
The Professional Certificate in Pricing Practices and Market Failure is highly relevant to various industries, including retail, manufacturing, and services, where effective pricing strategies are crucial for achieving business objectives and staying competitive in the market.
Learners who complete this program can expect to gain a competitive edge in their careers, as well as develop the skills and knowledge necessary to drive business growth and profitability through effective pricing practices and market analysis.
The program is designed to be industry-relevant, with a focus on real-world applications and case studies that illustrate the complexities of pricing practices and market failure in different industries and contexts.
By completing this program, learners can expect to gain a comprehensive understanding of pricing practices and market failure, as well as the skills and knowledge necessary to apply this knowledge in a practical and effective manner.
The Professional Certificate in Pricing Practices and Market Failure is a valuable addition to any professional's skillset, providing a competitive edge in the job market and enabling learners to drive business growth and profitability through effective pricing strategies and market analysis.

Why this course?

Pricing Practices and Market Failure are crucial in today's market, where companies must navigate complex supply chains and consumer preferences. According to a report by the Centre for Economics and Business Research (CEBR), the UK's GDP is expected to grow by 1.4% in 2023, with a focus on services and exports. However, this growth is threatened by market failure, with the CEBR estimating that the UK's productivity growth has slowed to 0.8% per annum since 2016.
Year GDP Growth
2016 1.9%
2017 1.4%
2018 1.3%
2019 1.2%
2020 0.9%
2021 1.1%
2022 1.0%
2023 1.4%

Who should enrol in Professional Certificate in Pricing Practices and Market Failure?

Ideal Audience for Professional Certificate in Pricing Practices and Market Failure This course is designed for pricing professionals, business analysts, and market researchers in the UK who want to develop their skills in pricing strategies and market analysis.
Key Characteristics: Professionals with 2+ years of experience in pricing, business analysis, or market research, familiar with UK market trends and consumer behavior, and interested in staying up-to-date with the latest pricing practices and market failure concepts.
Industry Background: Pricing professionals in industries such as retail, pharmaceuticals, finance, and technology, who need to understand market failure concepts to develop effective pricing strategies and stay competitive in the UK market.
Learning Objectives: Gain a deep understanding of pricing practices and market failure concepts, develop skills to analyze market trends and consumer behavior, and apply this knowledge to create effective pricing strategies that drive business growth in the UK market.