Wheat, I. David; Oliskevych, Marianna; Novik, Alina - In: Feedback economics : economic modeling with system dynamics, (pp. 11-41). 2021
In this chapter, we demonstrate a way to get started with system dynamics modeling of a national economy, using a modular software framework called the MacroLab Template. The Template can be customized to reflect a modeler’s hypotheses about how an economy works. To illustrate the modeling...