Reference no: EM132387505

Your readings in this unit, along with the two sources that you located on systems modeling for decision making in IT, evaluate and analyze the applicability of system simulations in policy-making.

Address the following:

How is the model-based policy design different from intuitive policy making?

What are the techniques currently used to build models?

How does system models assist with decision making?

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Question 1 : Discuss the system dynamics modeling paradigm in a paragraph.

Questio 2 : What are the benefits of Micro-simulation models?

Question 3 : What are the limitations of the SKIN model?

Question 4: What are the features required by a real-world system model? Give two resources ( APA reference) that support your thoughts .

Question 5: List the steps for creating a simulation model.