This book offers an analytical exploration of cost and price management, examining how organisations determine, control, and strategically adjust costs in relation to market conditions and competitive pressures. It situates pricing decisions within a broader economic and managerial framework, highlighting the interaction between cost structures, profit objectives, and competitive dynamics. The text considers how organisations respond to varying market forms, including competitive and monopolistic environments, and how pricing strategies are influenced by internal efficiencies and external economic factors. It also reflects on the movement of goods, financial flows, and the impact of exchange conditions on cost evaluation and pricing decisions. Attention is given to the wider economic implications of pricing, including resource allocation and the influence of externalities. By integrating economic theory with management perspectives, the book provides a structured understanding of cost–price relationships.

The book aims to develop the reader's ability to analyse cost behaviour and pricing strategies critically, enabling informed decision-making in managing profitability, competitiveness, and financial sustainability within diverse organisational contexts.