Learning and Education Experience in System Dynamics of Management Students: Case Studies

Miroljub Kljajić, Andrej Škraba and Mirjana Kljajić Borštnar
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Miroljub Kljajić: University of Maribor, Maribor, Slovenia
Andrej Škraba: University of Maribor, Maribor, Slovenia
Mirjana Kljajić Borštnar: University of Maribor, Maribor, Slovenia

International Journal of Decision Support System Technology (IJDSST), 2017, vol. 9, issue 2, 21-38

Abstract: Article describes experiences in the teaching of a modelling and simulation course for students at Faculty of Organizational Sciences. The course consists of time-continuous simulation based on System Dynamics (SD) and discrete event simulation (DES). It is held in the 3rd year of studies, at which point students have taken courses in mathematics, statistics, theory of systems, as well as organizational and economic courses. The final grade for the course is derived from the student's project and written exam. Students took part in an experiment where they had to solve a managerial decision problem supported by a simulation model. Experimental results were then analysed and discussed in the students' projects. Students' contributions were part of their final grade. The results show that students, taking the course of Modelling and Simulation, thought that application of the simulation model contributes to a greater understanding of the problem, the faster finding of solutions, and enhanced confidence of the participants. The results are explained and discussed using a learning model.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jdsst0:v:9:y:2017:i:2:p:21-38

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