Economic Decision Making Part 2
By Coursera
on Coursera
· Data Science
About This Course
Explores economic modeling and analysis techniques for selecting alternatives from potential solutions to an engineering problem. Considers measures of merit, such as present worth, annual worth, rate of return, and benefit/cost techniques. Examines recent techniques of economic analysis, especially the tools of decision-making. Explores decisions under uncertainty. Studies the causes of risk and uncertainty and examines ways to change and influence the degree of risk and uncertainty through sensitivity analysis, expectation-variance criterion, decision tree analysis, statistical decision techniques, and multiple attribute decision-making through group case studies.
Instructor
Northeastern University
Frequently Asked Questions
How much does Economic Decision Making Part 2 cost?
Economic Decision Making Part 2 costs $49. Check the course page for current pricing and available discounts.
Who teaches Economic Decision Making Part 2?
Economic Decision Making Part 2 is taught by Northeastern University, Northeastern University.
What skill level is Economic Decision Making Part 2 for?
This course is designed for all levels learners.