Course Details

Course Information

Semester	Course Unit Code	Course Unit Title	T+P+L	Credit	Number of ECTS Credits	Last Updated Date
1	DSBE517	DECISION MAKING	3+0+0	3	7,5	12.05.2025

Course Details

Language of Instruction	English
Level of Course Unit	Master's Degree
Department / Program	DATA SCIENCE
Type of Program	Formal Education
Type of Course Unit	Elective
Course Delivery Method	Face To Face
Objectives of the Course	Defining theories of decision making. Providing knowledge on rationality and deviations from rationality. Showing psychological foundations of decision making.
Course Content	The main aim of the course is to examine basic concepts of decision making and to apply what is learned throughout the course. Topics include rational choice theory, individual decision making processes, consumer theory, risk-based decision making, system 1 and system 2 theories, multi-person decision making processes, and behavioral decision making theories.
Course Methods and Techniques	Traditional in class lectures and real life applications and cases will be utilized.
Prerequisites and co-requisities	None
Course Coordinator	Associate Prof.Dr. Umut Türk umut.turk@agu.edu.tr
Name of Lecturers	None
Assistants	None
Work Placement(s)	No

Recommended or Required Reading

Resources	-
Course Notes	Course materials will be provided throughout the semester

Course Category

Mathematics and Basic Sciences	%10
Social Sciences	%25
Field	%65

Planned Learning Activities and Teaching Methods

Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria

In-Term Studies	Quantity	Percentage
Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı	1	% 20
Quiz/Küçük Sınav	2	% 10
Ödev	2	% 10
Proje/Çizim	1	% 15
Sunum/Seminer	1	% 10
Final examination	1	% 35
Total	8	% 100

ECTS Allocated Based on Student Workload

Activities	Quantity	Duration	Total Work Load
Ev Ödevi	2	5	10
Sınıf İçi Aktivitesi	5	3	15
Sunum için Hazırlık	2	5	10
Teslim İçin Hazırlık	1	15	15
Sunum	1	3	3
Proje	1	20	20
Kısa Sınav	2	2	4
Okuma	10	2	20
Kişisel Çalışma	10	5	50
Takım/Grup Çalışması	4	4	16
Yüz Yüze Ders	14	3	42
Derse Devam	14	1	14
Final Sınavı	1	2	2
Total Work Load			Number of ECTS Credits 7,5 221

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:

No	Learning Outcomes
1	Demonstrate knowledge about theories of decision making.
2	Discuss strategic decision making and decision under uncertainty.
3	Interpret psychological foundations of decision making.
4	Discuss decision making theories in different disciplines.

Weekly Detailed Course Contents

Week	Topics	Study Materials	Materials
1	Introduction to the course and decision making	Review syllabus and grading policy	Syllabus
2	Normative decision theories	Short reading on utility theory	Lecture notes
3	Descriptive and explanatory decision models	Review examples of descriptive models	Article
4	Decision making under uncertainty	Understand risk vs. uncertainty	Textbook
5	Expected utility theory and critiques	Prepare to critically analyze	Reading material
6	Decision trees and quantitative analysis	Create basic decision tree	Excel examples
7	Cognitive biases and heuristic decision making	Research common cognitive biases	Academic article
8	Midterm Exam	Review previous weeks	-
9	Strategic decision-making processes	Apply strategic analysis	Lecture notes
10	Decision models and simulation	Work on simulation scenario	Simulation exercises
11	Group decision making and organizational dynamics	Review a group decision case	Case study
12	Interdisciplinary decision theories	Reflect across economics, psych, management	Interdisciplinary article
13	Student presentations / decision scenarios	Finalize group project	Student presentations
14	Course review, wrap-up, Q&A	Final review and feedback	Summary sheet

Contribution of Learning Outcomes to Programme Outcomes

Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant

https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=75121&lang=en