Economic Decision Making
In the EMGT 6225 Economic Decision Making course, students are taught to explore analysis techniques and economic modeling for engineering problem solving. Students will focus on examining the techniques of economic analysis and the tools for decision making. In the course, students will consider rate of return, present value, costing techniques, and annualized value. In this course, students will learn about decision tree analysis, the causes of risk and uncertainty, statistical decision techniques, expectation-variance criteria, group case studies, and sensitivity analysis, and how to examine how uncertainty and risk affect will learn.
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Some of the relevant courses are mentioned here in which skilled and experienced tutors from ExpertsMinds are providing assistance:
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- EMGT 7978 Independent Study
- EMGT 6962 Elective
- EMGT 7945 Master's Project
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- EMGT 6305 Financial Management for Engineers
- EMGT 5220 Engineering Project Management