Course Description
AWS offers tools to estimate the cost of running AWS cloud services and forecasting for future costs. If you know the details of what you need, such as the services, number of resources required, and length of time needed, you can use the AWS Calculator to identify the monthly and yearly costs. Using the calculator also allows you to see what cost-saving options there are and how you can change your service to reduce cost. You will also see how your cost may fluctuate based on your anticipated usage. Through this tool, you can adjust your usage to meet business and budgetary needs. In these lessons on Cloud Economics, you will learn how to use the AWS Calculator to identify the total cost of ownership. You will access the AWS billing dashboard to create budgets and billing alarms. Also, you will use AWS Trusted Advisor to verify best practices are applied to your account.
What You'll Learn
- Assess the total cost of ownership using the AWS Calculator to identify monthly and yearly costs
- Create AWS budgets and billing alarms through the AWS billing dashboard
- Navigate the billing dashboard and generate billing reports
- Identify AWS account best practices using AWS Trusted Advisor
- Describe the AWS support plans
Key Takeaways
- The AWS Calculator lets you estimate monthly and yearly costs when you know the services, number of resources required, and length of time needed.
- Using the AWS Calculator reveals cost-saving options and shows how changing a service can reduce cost.
- Cost may fluctuate based on anticipated usage, and usage can be adjusted to meet business and budgetary needs.
- The AWS billing dashboard is used to create budgets and billing alarms.
- AWS Trusted Advisor is used to verify that best practices are applied to your account.
Frequently Asked Questions
What will I learn in this Cloud Economics course?
You will learn how to use the AWS Calculator to identify the total cost of ownership, access the AWS billing dashboard to create budgets and billing alarms, and use AWS Trusted Advisor to verify best practices are applied to your account. The course also covers AWS support plans.
What does the AWS Calculator do?
If you know the details of what you need, such as the services, number of resources required, and length of time needed, the AWS Calculator identifies the monthly and yearly costs. It also shows cost-saving options, how you can change your service to reduce cost, and how your cost may fluctuate based on anticipated usage.
What topics are covered in the lessons?
The lessons cover Total Cost of Ownership, Billing Dashboard and Reports, Billing Alarms, AWS Trusted Advisor, and AWS Support Plans.
What skills does this course help build?
The course helps build skills in Amazon CloudWatch, Amazon Web Services, AWS Cost Management, Cloud Computing, Cloud Services, and supports preparation as an AWS Certified Cloud Practitioner.
How can the AWS Calculator help manage a budget?
By showing cost-saving options and how costs fluctuate based on anticipated usage, the calculator allows you to adjust your usage to meet business and budgetary needs.









