IE4250 System Dynamics Modelling

  This module introduces to students the system dynamics modelling method, based on the foundations of systems thinking. System dynamics is a powerful methodology to support the inquiry of complex large-scale dynamic sociotechnical systems through computer simulation models. Central topics include feedback mechanisms, nonlinear relationship, time delay models, causal loop diagramming stock-flow models, decision behaviour modelling, testing and validation of models. Instruction is supplemented with case studies from supply chains, population and environmental modelling. Group projects are used facilitate hands-on model building and learning in and outside the classroom.