ECON 3300:Applied Statistical and Optimization Models

3 Class Hours 0 Laboratory Hours 3 Credit Hours
Prerequisite: Prerequisite: Business Majors: Sophomore GPA Requirement; Non-business Majors: 60 credit hours, IS 2200 and (ECON 2300 or MATH 1107) and permission of the Coles College of Business.
This course will convey a working knowledge of several of the most commonly employed quantitative models to support data analysis and improved decision-making within a business environment. Students will learn to identify and apply the appropriate modelling techniques as well as how solve the resultant models via spreadsheet tools and applications. In addition, the course promotes and develops problem-solving and critical thinking skills through the evaluation of problem scenarios and short case-studies.