Foundations of Economic Simulation

Are you curious about how economic systems behave and how simulations can model complex interactions? This course provides a clear, text-based introduction to the fundamental concepts of economic simulation. You will gain a solid understanding of what economic simulations are, why they are used, and how they can be applied to explore economic theories and urban development scenarios. This knowledge empowers you to engage with and analyze simulation-based research and educational tools. What you'll learn: - Understand the core principles behind economic simulation models. - Explore how simulations are used for education and research in economics and urban planning. - Learn to analyze the outcomes of simulation experiments. - Grasp the foundational concepts of agent-based modeling in economics. - Practice interpreting simulation results through written exercises. This course covers the essential building blocks of economic simulation, starting with fundamental definitions and progressing to practical considerations for analysis. It is designed for individuals new to the field, with no prior experience required. Begin your journey into the world of economic simulation today.