
Introduction to Decision Science
Institution: Colorado School of Mines
Instructor: Patrick Leach
Undergraduate-level course, part of the Business Engineering and Management Science major
This course focuses on how to unwind complex situations to gain clarity, model uncertainty, and enable confident decision making. Students will learn how to frame the problem correctly, ensure clarity around the objectives, develop creative alternative strategies, and qualitatively or quantitatively evaluate those alternatives. Several tools for accomplishing these goals will be introduced. Topics will include decision trees, common psychological biases and traps, scenario analysis, game theory, modeling techniques, and subject-matter-expert interviews. Students will learn to analyze and present model outputs and how to avoid common pitfalls.
Learn more about this course