Instructors

Harald Sverdrup
Title:
Professor
Department:
Faculty of Industrial Engineering, Mechanical Engineering and Computer Science
Language:
English
E-mail:
hus@hi.is
Phone:
+46 708 855 683
Anna Hulda Ólafsdottir
Title:
Lecturer (UK) – Assistant Professor (USA)
Department:
Faculty of Industrial Engineering, Mechanical Engineering and Computer Science
Language:
English
E-mail:
annahulda@hi.is
Phone:
+354 8448904

Courses

Title Level Term Hrs per Week Seats Associated Program Texts
System Analysis and System Dynamics Modelling Masters Fall 15 credits 37 Environment and Natural Resources, Mechanical Engineering, Industrial Engineering, Computational Engineering The purpose of the course is that students will be able to understand and apply the basic tools of System Dynamics Modelling from a practical perspective. In this respect, the course will focus on technical and economical topics. However, it will also cite examples of a greater variety, such as epidemical studies, interpersonal communications and group dynamics. The course focuses on the fundamental concepts of system dynamics modelling such as positive and negative feedback structures as well as causal loop diagrams. System dynamics model formulation and simulation is introduced; rate equations and auxiliary equations, delays and graphical converters. Furthermore, policy and sensitivity analysis will be discussed. Practical examples will be analysed both regarding business as well as public policy. For instance, inventory models, epidemics (HIV, influenza), and the relationship of population and economic growth will be explored. The software STELLA/iThink and Vensim will be used for solving and constructing the models.