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MS-E2170 - Simulation - Spring 2017
| Credits | 5 cr |
| Teaching period | IV |
| Learning outcomes |
Students will learn to identify, model and understand a variety of economic, organizational and socio-technical systems through simulation. After the course, students will recognize principles of systems thinking and are able to apply them to construct a system synamics simulation model for problem solving. |
| Content | During
the course, we will discuss the analysis and control of dynamic system, model
building and validation. We will also go through the basics of Vensim-software
and present some practical system dynamics applications. |
| Assessment methods and criteria | Assignments and a project work. At each exercise session, a home assignment is given. The assignments are returned by next week's exercise. The project work is a simulation study conducted by a group of 1 to 3 students. |
| Study material | Sterman
J.D., 2000, Business Dynamics: Systems Thinking
and Modeling for a Complex World, McGraw-Hill. |
| Prerequisites | 1st and 2nd year math courses. Basic Matlab skills. |
| Grading scale | 0-5 |
| Lectures | First lecture: Monday, February 20 at 10:15 in room M237. |
| Exercises | First exercise: Thursday, February 23 at 12:15 in room Y344. |
| Course Staff and Contact Information | Visiting lecturer Joona Tuovinen (email: firstname.surname@aalto.fi). His reception hours are after lectures and exercises. |