Business & Economic Decision Techniques (ECON7322)
Information valid for Semester 2, 2021
Course level
Postgraduate Coursework
Faculty
School
Economics School
Units
2
Duration
One Semester
Delivery mode
Internal
Class hours
2L1.5T
Incompatible
ECON2320 or EC235 or 736
Prerequisite
ECON7150 or MATH7050, MATH7051 or MATH7052
Course enquiries
Current course offerings
Course offerings | Location | Mode | Course Profile |
Semester 2, 2024 (22/07/2024 - 18/11/2024) | St Lucia | In Person | Course Profile |
Please Note: Course profiles marked as not available may still be in development.
Course description
Provides a working understanding of some of the principal techniques used in business decision making. Topics include linear programming, transportation & assignment models, project scheduling & control, inventory models, & decision theory & games. These techniques can be used to solve problems in areas as diverse as product mixing & blending, firm efficiency & benchmarking, project management, & multi-period financial planning. Problems & exercises are solved using Microsoft Excel or a simple menu-drive software package.