Business >> Management Strategy and Policy

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Course Info

  • Course Number / Code:
  • 15.871 (Fall 2003) 
  • Course Title:
  • System Dynamics for Business Policy 
  • Course Level:
  • Graduate 
  • Offered by :
  • Massachusetts Institute of Technology (MIT)
    Massachusetts, United States  
  • Department:
  • Sloan School of Management 
  • Course Instructor(s):
  • Prof. John Sterman
    Prof. J. Bradley Morrison
    Prof. Nelson Repenning
  • Course Introduction:

  • 15.874 / 15.871 System Dynamics for Business Policy

    Fall 2003

    Course Highlights

    This hands-on course draws from a variety of experiences to teach its material. Students develop and test computer simulation models in the assignments. The reading list consists of the course textbook, authored by one of the instructors, and a variety of articles.

    Course Description

    15.874 and 15.871 provide an introduction to system dynamics modeling for the analysis of business policy and strategy. Students learn to visualize a business organization in terms of the structures and policies that create dynamics and regulate performance. The course uses role playing games, simulation models, and management flight simulators to develop principles for the successful management of complex strategies. Special emphasis will be placed on case studies of successful strategies using system dynamics.

    15.874 is a full semester course and 15.871 is a half semester course. The two classes meet together and cover the same material for the first half of the term. In the second half of the semester, only 15.874 continues.


This course content is a redistribution of MIT Open Courses. Access to the course materials is free to all users.

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