System Dynamics Method in Finance
Teaches: Ph. D., prof. David Wheat / Faryna Oleksandr
This course introduces basic principles of economic dynamics and compares dynamic models with spreadsheet software and system dynamics software. Course Objectives are to enable students to…
- Distinguish between static and dynamic economic models;
- Use spreadsheet software to build dynamic models;
- Use system dynamics software to build dynamic models;
- Compare the spreadsheet and system dynamics approaches to dynamic modeling.
This is a distance learning course, developed for use with various online learning technologies. There will be live online lectures, video-taped lectures, reading assignments, slideshow tutorials, discussion board assignments, simulation exercises, online quizzes, and a modeling project. Computer lab sessions conducted by the teaching assistant will provide opportunities to improve the skills introduced during the lectures and assignments.