Module 5: Simulation Modeling and Forecasting

MO1: Express and list the basic steps of conducting a simulation (CO1,2,7).

MO2: Express the advantages and disadvantages of simulation (CO2,3,7).

MO3: Demonstrate various business-related problems with simulation (CO2,3,4).

MO4: Formulate simulation models with the Systems Dynamics Language (CO2,3,4).

MO5: Build a Personal finance Model using Systems Dynamics software (CO2,3,4,6).

MO6: Employ Systems Dynamics software to run and compare simulations (CO1,2,5).