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The University of Massachusetts Amherst

Decision Analysis

RES-ECON 313

"No matter what type of job you get when you leave the ResEc family, you will need to be able to make good decisions using numbers. Some of you will get jobs performing analysis, while some of you will need to judge the credibility of the analysis done by others. The goal of this class is to introduce you to decision analysis. Decision Analysis covers how to best make decisions in an uncertain world. Topic include belief formation and updating, logical decision making and avoiding common decision errors, and appropriate information gathering. This course contributes to the quantitative sequence by further reinforcing how numbers can help us make good decisions and by improving the student's technical skills related to probabilities. The course contributes to the theoretical sequence by focusing on logical and consistent decision-making and an understanding of behavioral biases that can adversely affect decision-making.
Course Details

Summer 2021

On-Line
May 17, 2021 - Jun 25, 2021
Van Thi The Tran
01
87024
3
RES-ECON 211 or 212 or STATISTC 240
Base Cost: $1,335 ($445/credit)
Term Fee: $47
Start date: May 17, 2021
End date: Jun 25, 2021
Last day to add: May 21, 2021
Last day to drop: May 21, 2021
Last day to withdraw: Jun 09, 2021