Production Economics Course
This course equips you with essential production economics skills for multi-product manufacturing firms. You will master building cost models, analyzing input-output relationships, testing scenarios for efficiency, and delivering actionable insights to improve margins, operations, and strategic decisions in real-world settings.

4 to 360h flexible workload
certificate valid in your country
What will I learn?
Gain practical skills in production economics to create simplified multi-product cost models, interpret benchmarks, and dissect manufacturing costs confidently. Learn to build and compare cost functions, estimate inputs, use input-output modeling, assess efficiency, communicate findings effectively, highlight limitations, and plan data enhancements.
Elevify advantages
Develop skills
- Build multi-product cost models to derive unit, marginal, and total costs quickly.
- Analyze economies of scale and scope to identify cost-saving production strategies.
- Apply input-output tools to map shocks to outputs, inputs, and firm-wide costs.
- Conduct cost-efficiency and sensitivity checks on prices, volumes, and risks.
- Convert model results into clear, actionable cost recommendations for managers.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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