Financial Management

The Introduction to Cost Analysis for Non-Finance Managers course situates the theory of costs within the context of scarcity and choice for decision making.  Taking an economic principles approach, this online course will review different types of costs, identify behaviours, economies and diseconomies of scale, short-run and long-run decisions.  Following completion of this course, you should have a basic understanding of the economic principles which drive cost based decision making.

Introduction to Cost Analysis for Non-Finance Managers

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Key Facts

Delivery Method

This is a half day online course. It will be remotely delivered through MS Teams and facilitated by subject matter experts. Course times are to be confirmed

Scheduled Dates*:

  • 1 October 2020
  • 1 December 2020

*Please note dates may be subject to change.

Commences

1 October | 1 December 2020 Bookings for this course close one week in advance of start date.

Duration

Half Day Online Course

Fees & Enrolment

Fee: The cost of this half day online course is €200 per person. (To be confirmed)

Booking: Bookings must be received in writing using a booking form or the online booking option (see below).

All bookings will be confirmed via email. Please send completed booking forms to:

Central Bookings Office
Institute of Public Administration
57-61 Lansdowne Road, Dublin D04 TC62
Tel: (01) 240 3666 | Fax: (01) 668 9135
Email: training@ipa.ie

All IPA courses are subject to minimum participant numbers and bookings will typically close one week prior to the course start date.

Cancellation Policy: Please note, that in the event of a cancellation less than 48 working hours before the commencement of a course, a 15% cancellation fee will be charged.  Cancellation fee will also apply to non-arrivals on the day.

Progression

Following completion of this course you may also be interested in:

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The Programme

The Introduction to Cost Analysis for Non-Finance Managers course situates the theory of costs within the context of scarcity and choice for decision making.  Taking an economic principles approach, this online course will review different types of costs, identify behaviours, economies and diseconomies of scale, short-run and long-run decisions.  Following completion of this course, you should have a basic understanding of the economic principles which drive cost based decision making.

Course Content

Introduction to Cost Analysis for Non-Finance Managers will cover the following areas:

  • Fundamental economic problem of wants, scarcity and choice, and opportunity cost.
  • The production possibility curve and economic growth
  • Introduction to welfare economics
  • Explanation of and practical session on short-run versus long-run costs (fixed, variable, average, total, marginal costs).

 

 

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