System dynamics

From Exampleproblems

System Dynamics is one approach to modeling the dynamics of complex systems such as population, ecological and economic systems, which usually interact strongly with each other. Systems Dynamics was founded in the early 1960s by Jay W. Forrester of the MIT Sloan School of Management with the establishment of the MIT System Dynamics Group. At that time, he began applying what he had learned about systems during his work in electrical engineering to everyday kinds of systems. What makes using System Dynamics different from other approaches to studying complex systems is the use of feedback loops. Stocks and flows are the basic building blocks of a System Dynamics model. They help describe how a system is connected by feedback loops which create the nonlinearity found so frequently in modern day problems. Computer software is used to simulate a system dynamics model of the situation being studied. Running "what if" simulations to test certain policies on such a model can greatly aid in understanding how the system changes over time.

1 See also
2 External links

External links

MIT System Dynamics Group
Sports Business Simulations A corporation that develops online simulations of sports organizations for use in the classroom and as sports fantasy, with system dynamics as the foundation and using a programming language developed by Forio Business Simulations.

The System Dynamics Society is an international, nonprofit organization devoted to encouraging the development and use of systems thinking and system dynamics around the world
An Annotated Survey of the Essential System Dynamics Literature - 1992
The University of Bergen System Dynamics Group focuses on its application to sustainable development
The Creative Learning Exchange was founded to serve as a networking hub for K-12 educators interested in using system dynamics in schools.
Department of Social Science and Policy Studies - Worcester Polytechnic Institute offers Undergraduate and Graduate programs in System Dynamics