Basic Techniques in Modelling Complex Systems (Introduction into System Dynamics) (Workshop)

Lecturer (assistant)
  • André Krischke
Duration1 SWS
TermSommersemester 2019
Language of instructionEnglish
Position within curriculaSee TUMonline

Dates

Admission information

Objectives

This seminar will provide participants with the basic ideas of System Dynamics and the knowledge of the established modelling process. With that knowledge participants will be able to improve their ability to build useful models - regardless of the specific software applied - and will be empowered to come up with purposeful decision rules to make better and more sustainable decisions in real live situations.

Description

Motivation The constant change of the world and the systems we live in demands decisions to be made on a constant basis. Many examples of well-intentioned decisions that at first glance appeared completely plausible – be it in economy, environment or society – lost their effects after a short time, increased problems or unintentionally even created new problems. Acquired Competencies Awareness and basic understanding of complexity as one of the biggest challenges in the business context. Ability to support the decision-making process with comprehensive knowledge of building and applying models in a business context.

Prerequisites

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Teaching and learning methods

After clarifying the basic characteristics of systems and models, the participants will go through the entire model-building process of System Dynamics exemplified by working with a simple case study and an easy to use software.

Examination

Essay and Mini-Simulation Project This workshop belongs to the module: CLA10602 Basic Techniques in Modelling Complex Systems (1 Credit)

Recommended literature

Bosselt, Systems and Models, 2007. Sterman, Business Dynamics, 2000.

Links