Decision Science - BHE0014

Assessment 1: Other

A range of formative devices such as in-class presentations, completion of worksheet exercises, reviews of academic journal articles, formative feedback on summative assessments, reviews of files and folders etc., will be used by tutors to aid learning.  The exact nature of these assessment devices is at the discretion of the module tutor.

Other

Assessment 2: Exam

Exam

Assessment 1: Written Assignment

Written Assignment

<p>This module offers explanations of both the theories individuals would like to adopt to make better decisions, and the theories that explain how those around us behave. The focus will be on some fundamental principles developed in decision theory, as well as on violations of these principles derived from psychological literature, namely, behavioural economics. The module develops crucial insights into the decision-making process in social and business contexts.</p>

Huddersfield Business School

<p><a href="https://library3hud.ac.uk/myreading/lists/BHE0014">https://library3hud.ac.uk/myreading/lists/BHE0014</a></p>

BHE0014 - Decision Science

Decision Science

Understand how to apply statistical methods to the analysis of firms’ and individuals’ decisions, risk and uncertainty.

Critically understand the decision-making modelling approaches and be competent in their use.

Demonstrate, communicate and present a logical argument in written form with clarity and succinctness


Understand the role of strategic thinking for decision making, but also be aware of the limitations involved.

Critically understand behavioural economics theories and models.

Engage in abstract thinking, deductive and inductive reasoning to enhance problem solving and decision-making skills
