Managerial Economics - Cost Theory
- Offered byAlison
Managerial Economics - Cost Theory at Alison Overview
Managerial Economics - Cost Theory
at Alison
In this free online course, learn about various cost theories and categories, and their role in managerial economics
Duration | 4 hours |
Total fee | Free |
Mode of learning | Online |
Official Website | Explore Free Course  |
Credential | Certificate |
Managerial Economics - Cost Theory at Alison Highlights
Managerial Economics - Cost Theory
at Alison
- Earn a certificate of completion from Alison
Managerial Economics - Cost Theory at Alison Course details
Managerial Economics - Cost Theory
at Alison
Skills you will learn
What are the course deliverables?
- Discuss the cost theory
- Distinguish between the various categories of costs
- Contrast the short-run costs to the long-run costs
- Explain the break-even analysis
- Define 'economies of scale'
- Distinguish between the various costs used for accounting purposes
- List the various categories of real economies
- Explain the accruing advantages of large-scale production
- Explain the accruing advantages of large-scale production
More about this course
- In this free online managerial economics course, you will get to grips with different aspects of cost theory including economies of scale, and short-run and long-run analyses
- Studying the learning curve, the limits of the break-even analysis, and large-scale production will keep you engaged in the interesting and dynamic material
- In this course on cost theory, you will learn to distinguish between the various categories of production costs, along with how to conduct short-run and long-run analyses of them
- At first, you will be introduced to the costs used for accounting purposes and economic analyses
- Next, you will be taught about the contribution analysis and the profit-volume ratio (P/V ratio)
- By the end of this course, the various categories of economies of scale will be highlighted
Managerial Economics - Cost Theory at Alison Curriculum
Managerial Economics - Cost Theory
at Alison
Theory Of Costs
Theory Of Costs – Learning Outcomes
Categories Of Production Costs
The Short Run And Long Run Analyses
The Break-Even Analysis
Profit Volume Ratio And Margin Of Safety
Economies Of Scale
Theory Of Costs – Lesson Summary
Course Assessment
Course Assessment
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