Economic Decision Analysis

3 Credits · Level: Graduate

This course equips data scientists with quantitative methods for estimating costs and benefits, evaluating alternatives, and making informed economic decisions under uncertainty. Topics covered include: The time value of money Present and annual worth Rates of return Benefit-cost analysis After-tax cash flow Sensitivity analysis Utility and risk preferences Prerequisites: A solid foundation in mathematics and an intermediate coding experience in Python. No prior knowledge of economics, finance, or accounting is assumed.