Production Economics Course
Master production economics for multi-product firms in manufacturing. Gain skills to model costs confidently, analyze input-output relationships, test scenarios for efficiency, and deliver actionable insights that improve margins and strategic decisions. This course equips you with practical tools for cost analysis, benchmark interpretation, and clear communication of results with realistic improvement plans.

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.What our students say
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