Understanding Economic Decision Making
Course Description:
BUSA 632: Examines the process of decision making through a variety of economic lenses. Students will develop a critical appreciation of how to frame a "problem" or situation from an economic perspective and of how that perspective informs decisions. In addition to the standard economic concepts of demand, supply and price determination, students will gain an understanding of how concepts such as asymmetric information, risk and uncertainty influence strategic decision-making. (3 credits)