Economics of Welding

Every year, welding manufacturing operations lose millions of dollars in profits due to the improper calculation of costs and inefficient welding practices. In this course, participants will learn to identify, measure, and manage the costs of production in order to reduce expenses and ensure quality. Topics include welding process variables, weld procedure specifications, calculating weld metal volume and deposition rates, and managing the costs of labor, materials, equipment, and overhead.

at a glance



Member: $504
Non-member: $672
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Materials Access

Course: 30 days
Exam: 10 more days

Length & PDH / CEU

Approximately 18 hours
18 PDHs / 1.8 CEUs

Course Details

  • Who Should Take This Course
  • Prerequisites
  • Objectives
  • Student Learning Outcomes
  • Course Modules
  • Professionals and students interested in gaining a comprehensive understanding of the economic aspects of welding processes, materials, and equipment. 
  • Anyone who wants to improve their knowledge of welding economics and learn how to reduce costs, optimize resources, and increase efficiency in welding operations. Anyone seeking to prepare for the AWS Certified Welding Inspector exam 
    • This student body may encompass many positions, including: 
      • Welders 
      • Welding engineers 
      • Welding inspectors 
      • Welding supervisors  

No previous knowledge is required. This course presents NDT concepts in clear, easy-to-understand language and easily digestible chunks of information. We will start at the beginning, explain every term and topic, and provide practice questions to ensure learners understand the material. However, students with no welding background whatsoever may benefit from gaining a general understanding of basic welding processes and welding terminology. This prerequisite knowledge can be obtained by:  

  • Taking the AWS Welding Fundamentals I online course  
  • Obtaining and reading a copy of AWS A3.0 Standard Terms and Definitions  


This course teaches students how to:

  • Understand the economic factors that affect welding processes and operations
  • Evaluate different welding methods and materials based on their economic impact
  • Use cost-benefit analysis to make informed decisions about welding projects
  • Implement quality control measures to improve productivity and reduce costs

Upon completion of Economics of Welding, students will be able to:

  • Understand the principles of welding economics, including the cost of materials, labor, and equipment, as well as overhead costs
  • Analyze welding project costs and profitability, including the impact of variables such as welding process, equipment, and consumables
  • Develop skills in estimating welding projects, including creating detailed cost estimates and understanding the impact of different variables on project cost and profitability
  • Understand the importance of cost control and profitability in welding projects, including strategies for reducing costs and increasing profitability
  • MODULE 1 – Process Variables: Current, Amperage, Voltage
  • MODULE 2 – Process Variables: Polarity, Inductance, Arc Length, CTTWD, Shielding Gas
  • MODULE 3 – Process Variables: Travel Angle, Transverse Angle, Travel Speed, Electrode Position, Wire Feed Speed
  • MODULE 4 – SMAW: Process Variables
  • MODULE 5 – GTAW: Process Variables
  • MODULE 6 – GMAW: Process Variables
  • MODULE 7 – FCAW: Process Variables
  • MODULE 8 – SAW: Process Variables
  • MODULE 9 – Weld Process Comparison: Advantages and Disadvantages I
  • MODULE 10 – Weld Process Comparison: Advantages and Disadvantages II
  • MODULE 11 – Manufacturing Costs: Materials, Labor, Equipment, Overhead
  • MODULE 12 – Welding Procedure Specification
  • MODULE 13 – Determining the Cost of Weld: Calculating Area
  • MODULE 14 – Determining the Cost of Weld: Calculating Volume
  • MODULE 15 – Determining the Cost of Weld: Calculating Deposited Weight
  • MODULE 16 – Determining the Cost of Weld: Calculating Deposition Efficiency
  • MODULE 17 – Determining the Cost of Weld: Calculating Deposition Rate
  • MODULE 18 – Calculating Labor Costs: Arc Time, Non-Arc Time, Total Labor Time
  • MODULE 19 – Calculating Labor Costs: Operator Factor
  • MODULE 20 – Calculating Labor Costs: Problem Solving
  • MODULE 21 – Calculating Filler Metal and Labor Costs: Problem Solving
  • MODULE 22 – Calculating Weld Job Costs: Problem Solving
  • MODULE 23 – Managing Costs: Joint Design, Weld Design, WPS, Mistake Proofing, Production Planning
  • MODULE 24 – Managing Costs: Eliminating Operations, Supporting Activities, Field Welding, process Selection
  • MODULE 25 – Managing Costs: Unforeseen Costs, Quality Issues, Overwelding
  • MODULE 26 – Practice Problems: 15 Problems
  • MODULE 27 – Practice Quiz 1: 5 Problems
  • MODULE 28 – Practice Quiz 2: 5 Problems
  • MODULE 29 – Practice Quiz 3: 5 Problems
  • MODULE 30 – Practice Quiz 4: 5 Problems

Frequently Asked Questions

  • Who should take this course?

    Welders, welding foremen, welding supervisors, production managers, welding sales representatives and other welding professionals that require the mathematical skills to accurately measure the physical dimensions of welds and calculate the cost of the labor, materials, and equipment required to produce them.

  • Do I qualify to take this course?

    The AWS Economics of Welding Course is comprehensive, yet easy-to-understand. It serves as a comprehensive introduction for students new to the economics of welding and a detailed refresher for professionals preparing to take the CWS certification exam or implement economically sound practices.

  • How long do I have to complete this course?

    Participants have access to the course content 24 hours a day for a period of 30 days from the date of registration. After this 30-day period, participants will have an additional 10 days to pass the completion exam. The exam can be activated before the end of the 30-day period if the student has completed all the modules.

  • Does this course include a completion exam?

    Yes. Upon completion of the final course module, participants are prompted to take an exam designed to evaluate their comprehension of the subject matter. The completion exam consists of 40 multiple-choice questions and must be completed within a 120-minute period. Participants who do not attain the 75% passing score may attempt to retake the exam a second time. Participants who attain a score of 75% or more on the completion exam earn an AWS Certificate of Completion and 18 Professional Development Hours (PDHs). The AWS Certificate of Completion can be downloaded and printed directly from the webpage.

  • Do I need to purchase any other materials?

    No. All the materials and resources necessary to complete the course objectives are included.

  • Do I receive Professional Development Hours (PDHs) for completing this course?

    Yes. Participants who attain a score of 75% or above on the AWS Economics of Welding Completion Exam will receive an AWS Certificate of Completion and 18 Professional Development Hours (PDHs).

  • Can I use these Professional Development Hours (PDHs) for recertification?

    Yes. Professional Development Hours (PDHs) earned through AWS online courses can be applied towards recertification provided the PDH's are earned during the certification period.

  • Do I receive Continuing Education Units (CEUs) for completing this course?

    Yes. Participants that receive a score of 75% or above on the Completion Exam will receive an AWS Certificate of Completion and 1.8 IACET Continuing Education Units (CEUs).

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  • Can I use these Continuing Education Units (CEUs) for recertification?

    Yes. Continuing Education Units (CEUs) earned through AWS online courses can be applied towards recertification provided the CEUs are earned during the certification period.

    Learn More 

  • Will this course help prepare me for the Certified Welding Supervisor Exam?

    Yes. The Certified Welding Supervisor Certification Exam contains questions concerning the topics covered in this course. This course is designed to help prepare participants for this exam.

  • What platforms and devices can I use to view AWS Learning online courses?

    You must be connected to the internet to access AWS Learning online courses. AWS supports the most recent versions of Google Chrome, Firefox, Safari, and Internet Explorer. Courses can be viewed on desktops, laptops, tablets, and mobile phones. Note, however, that a high speed internet connection and large screen offer a better user experience.





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