Economics, Risk, and Decision Analysis in Systems Engineering

This course introduces economic, financial, and risk-based frameworks for managing complex engineering systems.

Students learn to link economic theory with financial modeling, assess trade-offs, and optimize engineering investments.

Key topics include cost-benefit analysis, risk and trade-space assessment, financial modeling, and making decisions under multiple levels of uncertainty.

The course also explores how emerging technologies—particularly artificial intelligence—are shaping engineering decision-making and risk management.