Jul 24, 2024  
Fall 2024 - Summer 2025 Graduate Catalog 
Fall 2024 - Summer 2025 Graduate Catalog

ECON 6205 - Economics & Decision Making

Quantitative economics draws on analysis for such concepts as cost, demand, profit, competition, pricing, entry strategy, and market protection strategy. It bridges the gap between the analytical problems and the day-to-day decisions that managers face. The aim of the course is to complement managers’ intuition and personal style of analysis by providing decision-making techniques that promote a thorough, systematic examination of the problem at hand and its feasible alternative solutions. The course uses statistical analysis to enrich decision-making precision.