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Visual Reasoning in Economics

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The study was started to determine the possible use of System Dynamics in economics. As it is a greatly visual medium, we must first determine points on which to determine its quality. Then we look back to a previous shift in the view of economics to reveal any parallels there may be. As System Dynamics is such a new field, the time is taken to introduce its form and history before we evaluate its usefulness. It is found that System Dynamics could be quite useful to economics and social science in general though it would require a change in view of those sciences to a more policy driven approach.

  • This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
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Identifier
  • E-project-020210-135347
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Year
  • 2010
Date created
  • 2010-02-02
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Last modified
  • 2021-02-01

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