The System Dynamics National Model represents a typical, modern, industrial economy. Although parameters have been chosen for the United States, the behavior modes exhibited by the model are those being experienced in most economies in Western developed countries. The National Model incorporates a wide range of dynamic structures that allow its behavior to span from the short-term business cycle of 3-to-7 year periodicity to the much longer-term behaviors represented by growth and by major depressions that recur at intervals of some fifty years. The System Dynamics National Model has been under development for about twelve years. An evolutionary process has been followed during which we have extended the scope of the model, added sectors, identified and corrected misbehavior, and simplified unnecessarily complex structures. There have been more than a thousand modifications and extensions of the Model. The National Model is now close to meeting our primary objectives, and we have started writing four books describing the Model and its implications for economic behavior.

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Date created

• 1984

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

6e5cbea1fd05527880f389afd8fb85d1

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Part of

dcf80aca09fd0af264c0472357441115

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Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives