The basic definition of Internet of Things (IoT) is introduced. A representative IoT architecture follows as well as the specific resources and services of IoT. Then, the chapter presents a survey on the economic analysis and pricing models for data collection in IoT. The issues include data aggregation and routing, relay selection, congestion management, resource allocation, task allocation, area coverage, and privacy management. Optimal pricing and privacy management for people-centric services in mobile crowdsensing network is next reviewed. Last, the chapter investigates the problem of providing incentives for users to participate in mobile crowdsourcing by applying the rank-order tournament as the incentive mechanism.