Introduction to Systems Thinking


Because markets consist of dynamic systems, systems thinking provides an excellent mental tool for economic reasoning.

The following presentations and articles should give you a good introduction to the fascinating subject of systems thinking:

Jay Forrester

Jay Forrester
Developer of System Dynamics


Systems Thinking & Critical Thinking

The introductory material on systems thinking has drawn extensively on the article, "Systems thinking: critical thinking skills for the 1990s and beyond"1 by Barry Richmond. The link takes you to the entire text in PDF format.

Graphic Introduction to Systems Thinking

This graphic presentation should give you a good introduction to Systems Thinking.


1 Richmond, Barry. "Systems thinking: critical thinking skills for the 1990s and beyond," System Dynamics Review Vol. 9, no. 2 (Summer 1993):113-133 ©1993 by John Wiley & Sons. Ltd.