Production Economics Course
Gain expertise in production economics for multi-product firms. Master cost modelling, input-output analysis, scenario testing, and transforming data into practical decisions that enhance efficiency, boost margins, and provide strategic insights in manufacturing operations. This course equips you with essential tools for confident cost analysis and clear communication of results.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course provides practical tools for creating simplified multi-product cost models, interpreting industry benchmarks, and analysing manufacturing cost structures confidently. Learn to build and compare cost functions, estimate input needs, use input-output modelling, and assess cost-efficiency. Additionally, discover how to present findings clearly, discuss limitations, and plan realistic data enhancements.
Elevify advantages
Develop skills
- Build multi-product cost models to derive unit, marginal, and total costs quickly.
- Analyse 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 workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
FAQs
Who is Elevify? How does it work?
Do the courses have certificates?
Are the courses free?
What is the course workload?
What are the courses like?
How do the courses work?
What is the duration of the courses?
What is the cost or price of the courses?
What is an EAD or online course and how does it work?
PDF Course