The Free Market Center
System Dynamics, a method designed by Jay Forrester, provides an excellent tool for understanding highly complex system. I will provide in this section some instruction on the practice and use of system dynamics in the study of economics.
I must caution the reader that no form of modeling can accurately depict a national economy. I advocate the use of this modeling system only to demonstrate the interactions in sound economic theory.
Developer of System Dynamics
The practice of Systems Thinking requires the use of tools to assist the brain to move beyond its limited capabilities. This graphic presentation introduces one of the more important tools for Systems Thinking: System Dynamics.
A simple model of a water reservoir to introduce you to System Dynamics models online with Insight Maker.
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