2018-2019 Undergraduate Catalog 
    
    Jul 24, 2019  
2018-2019 Undergraduate Catalog [ARCHIVED CATALOG]

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ECON 4850:Decision Analysis and Simulation

3 Class Hours 0 Laboratory Hours 3 Credit Hours
Prerequisite: ECON 2200  and (ECON 2300  or STAT 1107 ), 60 credit hours with a minimum GPA of 2.0, and Admission to the Coles College Undergraduate Professional Program  or student in a Coles College Partner Program that includes this course.
The theory and application of stochastic decision models. Emphasis is on the application of probability and simulation techniques to structure decision problems in business and economics. Topics include measurement of risk, decision processes, decision analysis, and static and dynamic simulation models.



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