Production Economics Course
Master production economics for multi-product firms. Learn to model costs, analyse input-output links, test scenarios, and turn data into clear, actionable decisions that boost efficiency, margins, and strategic insight in manufacturing. This course equips you with practical tools to interpret benchmarks and evaluate cost-efficiency confidently.

from 4 to 360h flexible workload
certificate valid in your country
What will I learn?
This Production Economics Course provides practical tools to build simplified multi-product cost models, interpret industry benchmarks, and analyse manufacturing cost structures confidently. You will construct and compare cost functions, estimate input requirements, apply input-output modelling, evaluate cost-efficiency, 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.What our students say
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