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Production Economics Course

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

What will I learn?

Gain hands-on skills to create simple multi-product cost models, understand industry standards, and examine manufacturing costs effectively. Master building and comparing cost functions, calculating input needs, using input-output models, and assessing cost efficiency. Also, learn to present findings clearly, discuss constraints, and plan better data strategies.

Elevify advantages

Develop skills

  • Build multi-product cost models quickly for unit, marginal, and total costs.
  • Identify economies of scale and scope to find cost-saving production methods.
  • Apply input-output techniques to link shocks to outputs, inputs, and overall costs.
  • Conduct cost-efficiency tests and sensitivity analysis on prices, volumes, and risks.
  • Deliver model insights as clear, practical recommendations for management.

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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Very great course. Lots of rich information.
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