General
MS-E2170 - Simulation (V) D: System Dynamics - Spring 2023
| 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 dynamics 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 | Four assignments and a project work. Home assignments are given at exercise sessions, done individually and 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. |
| Grading scale | 0-5 |
| Lectures | Mondays 10:15-12 Tuesdays 10:15-12 |
| Exercises | Wednesdays 12:15-14 |
| Course Staff and Contact Information | Lectures Prof. Risto Lahdelma |