System Dynamics

System Dynamics is a mathematical modeling approach that focuses on understanding how systems change over time through the analysis of causal relationships feedback mechanisms and time delays. It uses differential equations to model flows between various stocks (accumulations) in the system incorporating both positive (reinforcing) and negative (balancing) feedback loops. The approach emphasizes the importance of system structure in determining behavior patterns and includes tools for both qualitative (causal loop diagrams) and quantitative (stock-flow diagrams) analysis.

Applied in business strategy for market growth modeling environmental studies for climate change impact assessment public policy analysis supply chain optimization and education system planning.