Executive Development Programme in Economic Decision Making: Decision Science
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⢠Introduction to Decision Science: Understanding the fundamental concepts, principles, and tools of decision science. Exploring its applications in business and economics.
⢠Economic Theory and Decision Making: Examining the role of economic theory in decision making, including rational choice theory and game theory.
⢠Behavioral Economics: Investigating the impact of psychological, cognitive, and emotional factors on economic decision making. Understanding biases, heuristics, and frames.
⢠Data Analysis and Decision Making: Utilizing statistical and data analysis techniques to inform and improve decision making. Learning to interpret and communicate data insights effectively.
⢠Risk Management and Decision Making: Managing and mitigating risks associated with economic decision making. Understanding risk perception, assessment, and communication.
⢠Strategic Decision Making: Applying decision science principles to strategic planning and decision making in business and economics. Exploring scenarios, simulations, and other tools for strategic decision making.
⢠Ethics and Decision Making: Examining ethical considerations in economic decision making. Understanding the impact of decisions on stakeholders, society, and the environment.
⢠Technology and Decision Making: Exploring the role of technology in decision making, including artificial intelligence, machine learning, and data analytics. Considering the opportunities and challenges of technology-enabled decision making.
⢠Decision Making in Teams and Organizations: Investigating the impact of group dynamics, organizational culture, and leadership on decision making. Learning to facilitate effective decision making in teams and organizations.
⢠Case Studies in Economic Decision Making: Analyzing real-world examples of economic decision making, including successes and failures, to identify best practices and lessons learned.
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