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Production Economics Course

Production Economics Course
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.
Workload: between 4 and 360 hours

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