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SYSTEM DYNAMICS MODELLING AND SIMULATION FOR INTELLIGENT ORGANIZATIONS

Syllabus

EN IT

Learning Objectives

LEARNING OUTCOMES:
The course aims to equip students with both theoretical and practical knowledge necessary for interpreting and managing complex dynamic systems, providing them with advanced expertise in:
• Understanding the core principles of Systems Thinking and its evolution into System Dynamics.
• Mastering techniques for modeling and simulating dynamic systems using professional tools.
• Critically evaluating classic sustainability models, including Limits to Growth (Meadows) and their relevance to the Sustainable Development Goals (SDGs).
• Applying dynamic modeling to complex and sustainable business scenarios.
• Developing customized models to address real-world challenges.
KNOWLEDGE AND UNDERSTANDING:
By the end of the course, students will be able to:
• Demonstrate a solid understanding of Systems Thinking principles and dynamic modeling.
• Explain the historical evolution and interdisciplinary applications of the System Dynamics approach.
APPLYING KNOWLEDGE AND UNDERSTANDING
Students will acquire the ability to:
• Employ a systemic perspective to analyze complex real-world problems.
• Assess static and dynamic models, understanding their underlying assumptions and limitations.
• Construct systems thinking diagrams and dynamic models using specialized tools like Vensim PLE.
• Design and conduct simulations to predict system behavior and assess policy impacts in dynamic environments.

MAKING JUDGEMENTS

• Develop a critical perspective on sustainability models and their implications for business and institutional decision-making.
• Integrate Systems Thinking into organizational decision-making processes.

COMMUNICATION SKILLS:

• Effectively communicate key System Dynamics concepts in academic and professional contexts.
• Present and discuss model outputs and simulation results with clarity and methodological rigor.

LEARNING SKILLS:

• Develop advanced problem-solving skills applicable to complex, multidisciplinary contexts.
• Independently explore and deepen their understanding of dynamic models for sustainable system management.

Prerequisites

None

Program

The course is divided into 5 parts:
PART I - GENERAL INTRODUCTION OF THE COURSE
PART II - SYSTEM THINKING
PART III - SYSTEM DYNAMICS
PART IV - APPLICATIONS OF ST/SD METHODOLOGIES: THEORY & EXAMPLES
PART V - APPLICATION OF ST/SD METHODOLOGIES: EXERCISES & DISCUSSION

Books

Senge P. (1990), The Fifth Discipline: The Art and Practice of the Learning Organization. Doubleday.

All Slides, Videos and Articles available on the course Team.

Bibliography

Articles:

1. Fiorani G., Armenia S., Meneguzzo M (2010), The dynamics and economic impact of the cultural event “La Notte Bianca Romana”, DSI Essays Series, Vol. 14, p. 3-30, McGraw-Hill, Milano, ISBN 978-88-386-6243-0.

Teaching methods

The course includes theoretical lectures, computer-based simulations and short practical assignments to be completed and discussed in class. Non-attending students are required to complete the practical assignments independently and discuss them during the exam.
The course also requires the development and submission of a final Project Work, which includes a written report, the construction of a simulation model, and an oral presentation.

Exam Rules

Assessment is based on a Project Work, which consists of a written report (70% of the final grade) and an oral presentation (30% of the final grade).
The Project Work includes the exercises carried out during the course (or completed independently by non-attending students).
The detailed Project Work Format is available among the course materials and is illustrated during the introductory lesson.

Attendance Rules

Attendance is not compulsory, but strongly recommended.