Module overview
Aims and Objectives
Learning Outcomes
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- frame a problem and conceptualise it in a way that it can be approached using modelling.
- apply quantitative and qualitative modelling approaches;
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- the principles and uses of agent-based simulations;
- the basic statistical techniques (e.g. sampling from distributions, replications, and variance reduction) underlying the methodology of simulation;
- the principles and uses of system dynamics;
- the principles and uses of discrete event simulation;
- how to experiment with simulation models to meet management objectives.
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- demonstrate your numeracy to future employers;
- apply problem-solving;
Subject Specific Practical Skills
Having successfully completed this module you will be able to:
- create and run simulations models using modelling software.
Syllabus
Learning and Teaching
Teaching and learning methods
Type | Hours |
---|---|
Independent Study | 126 |
Teaching | 24 |
Total study time | 150 |
Resources & Reading list
Textbooks
Stewart Robinson (2004). The Practice of Model Development and Use. Wiley.
John Sterman (2000). Business Dynamics, System Thinking and Modelling for a Complex World.
Akira Namatame and Shu-Heng Chen (2016). Agent-Based Modelling and Network Dynamics. Oxford University Press.
Michael Pidd (2006). Computer Simulation in Management Science. Wiley.
Marrtin Kunc (ed.) (2017). System Dynamics: Soft and Hard Operational Research. Springer.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
Feedback
- Assessment Type: Formative
- Feedback: Individual help is given verbally during the workshops and classes; one-on-one meetings with individual students outside the module; since the coursework is in two separate parts, feedback on Part A is provided on Blackboard together with detailed written individual feedback in time for each student to enable them to improve before they submit Part B.
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Exam | 80% |
Group project | 20% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Exam | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Exam | 100% |
Repeat Information
Repeat type: Internal & External