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calculation of prices

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  • Economic calculation problem — The economic calculation problem is a criticism of socialist economics. It was first proposed by Ludwig von Mises in 1920 and later expounded by Friedrich Hayek.cite book title= Economic calculation in the Socialist Commonwealth accessdate=2008… …   Wikipedia

  • Real prices and ideal prices — refers to a distinction between actual prices paid for products, services, assets and labour, and computed prices which are not actually charged or paid in market trade.Ideal prices, expressed in money units, can be estimated, theorized or… …   Wikipedia

  • cost-plus transfer prices — Transfer prices set by cost plus pricing, which include a mark up to provide a profit for the supplying division. When variable costs rather than full costs are used in this calculation, the mark up will need to be higher to cover both the fixed… …   Accounting dictionary

  • cost-plus transfer prices — Transfer prices set by cost plus pricing, which include a mark up to provide a profit for the supplying division. When variable costs rather than full costs are used in this calculation, the mark up will need to be higher to cover both the fixed… …   Big dictionary of business and management

  • Monetary Union Index Of Consumer Prices - MUICP — An average measure of inflation for all countries located in the Eurozone. It is a statistical indicator whose objective is to facilitate making comparisons of inflation between the European Union and other economies such as the U.S. MUICP is… …   Investment dictionary

  • cost accounting — calculation of the cost of commodities, method used to set prices …   English contemporary dictionary

  • Productivity model — Productivity in economics is the ratio of what is produced to what is required to produce. Productivity is the measure on production efficiency. Productivity model is a measurement method which is used in practice for measuring productivity.… …   Wikipedia

  • Austrian School — Part of a series on Libertarianism Austrian School …   Wikipedia

  • Criticisms of socialism — Economics …   Wikipedia

  • Productivity — in economics refers to measures of output from production processes, per unit of input. Labor productivity, for example, is typically measured as a ratio of output per labor hour, an input. Productivity may be conceived of as a measure of the… …   Wikipedia

  • Socialism — This article is about socialism as an economic system and political philosophy. For socialism as a specific stage of socioeconomic development in Marxist theory, see Socialism (Marxism) …   Wikipedia

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