ESMA 604 System Dynamics for Business Policy
Advanced concepts in system dynamics modeling for applications in business operations, strategy and policy. Students gain recognition of dynamic modes of behavior in complex systems and develop skills to represent this behavior in formal modeling structures and test policies using simulation experiments. Emphasizes a formalized modeling process covering problem articulation and formulation, dynamic hypotheses, simulation model formulation, model testing, and policy design and evaluation. Extensive use of system dynamics modeling software with applications to case studies.
Offered
Spring