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Production Economics Course

Production Economics Course
from 4 to 360h flexible workload
valid certificate in your country

What will I learn?

This course provides practical tools for building simplified multi-product cost models, interpreting industry benchmarks, and analyzing manufacturing cost structures confidently. Learn to construct cost functions, estimate inputs, apply input-output modeling, evaluate efficiency, communicate findings clearly, explain limitations, and design data improvement plans.

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.
  • Use input-output tools to map shocks to outputs, inputs, and firm-wide costs.
  • Run cost-efficiency and sensitivity checks to test prices, volumes, and risks.
  • Turn 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.
Workload: between 4 and 360 hours

What our students say

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The course was essential to meet the expectations of my boss and the company where I work.
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Great course. Lots of valuable information.
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