mvc razor dropdown list

mvc razor dropdown list

I want to know how to put drop down list like this:
<div>
<label>Price Range</label>
<select>
<option value="1">min</option>
<option value="50000">50,000</option>
<option value="100000">100,000</option>
<option value="150000">150,000</option>
</select>
in the view , and read the selected parameter in the controller tnx