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.
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.
Sterman J.D., 2000, Business Dynamics: Systems Thinking and Modeling for a Complex World, McGraw-Hill.
1st and 2nd year math courses.
Lectures Mondays 10:15-12
Course Staff and Contact Information
Lectures Prof. Risto Lahdelma
Exercises Pengmin Hua, Zichan Xie (email: firstname.lastname@example.org).