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Price: search for the adequate expression of the essence

Bilyak Sergey Alexandrovich  (Ph.D., researcher Institute of Economics, Russian Academy of Sciences (Moscow, Russia) )

Existing ideas about the essence of price lead to the corresponding understanding of the mechanism of the market price generation, scale and form of possible influence from the side of government. The second one is especially important to correct disproportions appeared in the Russian economy and to reduce effect of economic crisis 2008 - 2009 yr. It determines the importance of searching adequate expression of the price’s essence. There are two basic scientific concepts of the price analyzed in this article: expense-labor and utility.

Keywords:price, cost, utility, demand, supply, marginal utility
 

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Citation link:
Bilyak S. A. Price: search for the adequate expression of the essence // Современная наука: актуальные проблемы теории и практики. Серия: ЭКОНОМИКА и ПРАВО. -2012. -№03. -С. 3-7
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