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Production Economics Course

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

What will I learn?

This Production Economics Course gives you practical tools to build simplified multi-product cost models, interpret industry benchmarks, and analyze manufacturing cost structures with confidence. You will learn to construct and compare cost functions, estimate input requirements, apply input-output style modeling, and evaluate cost-efficiency. The course also shows you how to communicate results clearly, explain limitations, and design realistic data improvement plans.

Elevify advantages

Develop skills

  • Build multi-product cost models: derive unit, marginal, and total costs fast.
  • Analyze economies of scale and scope: spot cost-saving production strategies.
  • Use input-output tools: map shocks to outputs, inputs, and firm-wide costs.
  • Run cost-efficiency and sensitivity checks: 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 the 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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Very great course. Lots of rich information.
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