Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


After completing this course the student 
1. knows the central concepts in decision analysis, 
2. can structure and model problems with multiple attributes, decision dynamics and uncertainty for aiding decision-making, 
3. understands the assumptions underlying decision analytic models and why behavior of real decision makers may differ from the behavior that these models would predict, and 
4. knows how to use optimization methods in conjunction with decision analysis.

Credits: 5

Schedule: 08.09.2020 - 10.12.2020

Teacher in charge (valid 01.08.2020-31.07.2022): Antti Punkka

Teacher in charge (applies in this implementation): Antti Punkka

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English


  • Valid 01.08.2020-31.07.2022:

    Models for decision making: subjective values, multi-objective decision making and optimization, group decision making, decision under uncertainty, dynamics of decision making.

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    Exam and assignments

  • Valid 01.08.2020-31.07.2022:

    Contact hours 48 h. Attendance is not compulsory.
    Assignments 40h 
    Independent work 40h


Study Material
  • Valid 01.08.2020-31.07.2022:

    To be announced later

Substitutes for Courses
  • Valid 01.08.2020-31.07.2022:

    Mat-2.3134 Decision Making and Problem Solving P

  • Valid 01.08.2020-31.07.2022:

    MS-C2105, MS-A05XX

SDG: Sustainable Development Goals

    1 No Poverty

    3 Good Health and Well-being

    8 Decent Work and Economic Growth

    11 Sustainable Cities and Communities

    13 Climate Action



Registration and further information