Undergraduate Courses 2025-26
Search Result of INSIGHTFUL DECISIONS : 1 found
- ISOM 1500Insightful Decisions3 Credit(s)Mode of Delivery[BLD] Blended learningDescriptionThe course helps students develop better analytical and decision making skills in approaching practical and important social and business issues. Students will derive solutions or conclusions that require critical thinking, creativity, quantitative analysis, and common sense. Cover topics in decision traps, quantitative decision models, statistical reasoning, computer tools, data-analysis techniques, etc. and, more importantly, how these decision analysis concepts and tools can be applied in a broad set of social and business problems.Intended Learning Outcomes
On successful completion of the course, students will be able to:
- 1.Apply critical thinking processes to evaluate and analyse social and business problems, to formulate actionable decisions
- 2.Identify and correct common decision fallacies and errors that occur because of faulty assumptions or decision-processes
- 3.Apply analytical and quantitative reasoning methods to model and analyse complex social and business problems
- 4.Create data-driven, and spreadsheet models to analyze common decisions from everyday life as well as business and socio-economic problems
