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This course will introduce students to systems thinking and system dynamics (SD) methodology, to model, simulate, analyze, understand and discuss complex issues. SD focusses on the structure and dynamic behavior of systems composed of interacting feedback loops. The system structure is captured using causal loop diagrams (CLDs) or stock-flow diagrams (SFDs). This course will introduce model-building using CLDs and SFDs notations. Basic model structures such as positive feedback or reinforcing structure, negative feedback or balancing structure, S-Shaped growth structure, structures producing oscillations, overshoot and collapse will be discussed. Essential modeling elements such as delays and (nonlinear) table functions will also be discussed. Examples and scenarios will be drawn from various business, social, economic, environmental and ecological systems.
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VTU is one of the largest Technological Universities in India with 24 years of Tradition of excellence in Engineering & Technical Education, Research and Innovations. It came into existence in the year 1998 to cater the needs of Indian industries for trained technical manpower with practical experience and sound theoretical knowledge.