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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?

Gain hands-on skills to create simple multi-product cost models, understand industry standards, and break down manufacturing costs effectively. Master building and comparing cost functions, calculating input needs, using input-output models, and assessing cost efficiency. Plus, learn to present findings clearly, highlight constraints, and plan practical data enhancements.

Elevify advantages

Develop skills

  • Build multi-product cost models swiftly, covering unit, marginal, and total costs.
  • Spot economies of scale and scope to uncover cost-saving production tactics.
  • Apply input-output methods to link shocks to outputs, inputs, and overall firm costs.
  • Conduct cost-efficiency tests and sensitivity analysis on prices, volumes, and risks.
  • Deliver model insights as clear, practical cost advice for management.

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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