ECON 8760 - Simulation and Risk Analysis

3 Credit Hours 3 Class Hours 0 Laboratory Hours
Prerequisites: ECON 8010 or equivalent.
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 decision processes, decision analysis, measurement of risk, and static and dynamic simulation models.

Notes An applied project will be incorporated.