PRINCIPLES OF PRICE FORMATION AND THE ECONOMIC ESSENCE

Authors

  • Z.Rasulova,B.Soatkulov Student, Group 531-22, Faculty of Cyber Sports,Senior Lecturer, Jizzakh Polytechnic Institute

Keywords:

price formation, market mechanism, state control, regulated prices, monopoly, inflation, economic policy.

Abstract

 The article analyzes the basic principles of price formation, that is, prices based on the principles of the free market, the factors affecting their formation and the role of state control over prices. In competitive and regulated markets, different aspects of price formation are discussed, as well as public policy in regulating the cost of socially significant goods and services.

References

Mankiw, N. G. Economics: Principles, Problems, and Policies. Cengage Learning, 2021.

Varian, H. R. Intermediate Microeconomics. Norton, 2020.

Stiglitz, J. E. The Price of Inequality. W.W. Norton & Company, 2012.

Official data of the Antimonopoly Committee of the Republic of Uzbekistan.

Law of the Republic of Uzbekistan “On Protection of Consumer Rights”, 2021.

Central Bank Inflation Reviews, 2023–2024.

OECD. Price Policies and Economic Growth, 2022.

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Published

2025-07-11

How to Cite

Z.Rasulova,B.Soatkulov. (2025). PRINCIPLES OF PRICE FORMATION AND THE ECONOMIC ESSENCE. Ethiopian International Multidisciplinary Research Conferences, 111–113. Retrieved from https://eijmr.org/conferences/index.php/eimrc/article/view/1109