MIT Subject Listing & Schedule
Fall 2023 Search Results

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15.873 System Dynamics for Business and Policy

(, )
Prereq: None
Units: 3-0-6
Credit cannot also be received for 15.736, 15.871, 15.8731
Lecture: MW1-2.30 (E62-223) or MW2.30-4 (E62-223) Recitation: F10-11.30 (E51-315) or F2.30-4 (E51-335)

Focuses on developing the skills and tools needed to successfully apply systems thinking and simulation modeling in diverse real-world settings, including growth strategy, management of technology, operations, public policy, product development, supply chains, forecasting, project management, process improvement, service operations, and platform-based businesses, among others. Uses simulation models, management flight simulators, and case studies to deepen conceptual and modeling skills beyond what is introduced in 15.871. Exploring case studies of successful applications, students develop proficiency in how to use qualitative and quantitative data to formulate and test models, and how to work effectively with senior executives to successfully implement change. Prepares students for further work in the field. Meets with 15.871 in first half of term when offered concurrently. Students taking 15.871 complete additional assignments.
H. Rahmandad
Textbooks (Fall 2023)