Applications of System Dynamics OpenCourseWare: A Free MIT Graduate Study Business Class on System Dynamics

Published Feb 03, 2009

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'Applications of System Dynamics' looks at the use of system dynamics to attain important goals by organizations. MIT offers this course through its OpenCourseWare program. This graduate course is offered as a restrictive elective to undergraduate students enrolled in a Bachelor of Science in Management Science concentrating in operations research.

Applications of System Dynamics: Course Specifics

Degree Level Free Audio Video Downloads
Graduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
Yes Yes No

Applications of System Dynamics: Course Description

'Applications of System Dynamics' OpenCourseWare examines how organizations can make use of system dynamics to accomplish important goals. System dynamics is implemented using the 'standard model', a process or series of activities. Steps include defining the problem, momentum policies, dynamic hypotheses, first loop of model, first loop of analyze, second loop of model, second loop of analyze and so on until the problem is solve to the client's satisfaction. This course endeavors to teach students consulting and modeling skills and would appeal to someone interested in policy-making at the managerial level, consulting and or systems dynamics. James Hines taught the original course in 2004 for the Sloan School of Management at MIT in a lecture - project based format. This course is aimed at upper-level undergraduate students in management science.

Materials included with 'Applications of System Dynamics' OpenCourseWare include a reading list, lecture notes, examples of students' final presentations, study materials and related resources. Anyone interested in finding out more about this course can visit system dynamics applications course page.

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