Chapter 1. Introduction to Feedback Economics -- Part I: Macroeconomics -- Chapter 2. Get Started with Macro Modeling -- Chapter 3. Equilibrium, Instability, Growth and Feedback in Economics -- Chapter 4. Accounting System Dynamics Modeling of Money Stock as Debts: Theory and Case Analysis of...

Since the time of Adam Smith, economists have studied the dynamics of economic systems. From a system dynamics perspective, the change in any system over time occurs when flows accumulate in stocks - i.e., by the process of integration. Of course, economists have long been familiar with, and...

This book approaches economic problems from a systems thinking and feedback perspective. By introducing system dynamics methods (including qualitative and quantitative techniques) and computer simulation models, the respective contributions apply feedback analysis and dynamic simulation modeling...

In a 2006 paper, Professor Gregory Hayden argued that system dynamics is an inadequate tool for explaining the institutional systems principles of hierarchy, feedback and openness. The purpose of this paper is to show that many of Professor Hayden's claims are either misguided or incorrect. The...