System Dynamics

System ThinkingComplexitySimulation

System Dynamics is a methodology for understanding and modeling complex systems using feedback loops and time delays.

Introduction

System Dynamics is a methodology for understanding and modeling complex systems using feedback loops and time delays.

Core Concepts

  1. Stock and Flow Diagrams: Visualizing system components and interactions.
  2. Feedback Loops: Identifying reinforcing or balancing effects.
  3. Simulation Models: Predicting system behavior over time.

Applications

  • Environmental studies for resource management.
  • Business strategy for analyzing supply chains.

Related Resources

  • Tools: Vensim, Stella, AnyLogic.
  • Book: "Thinking in Systems" by Donella Meadows.

Related Topics

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