Mathematics - Systems thinking
5 important questions on Mathematics - Systems thinking
What are the components of a model?
2. fluxes (amount per time: determines the state variable e.g. kg/day)
3. model parameters (relative amount per time: influences the fluxes absolute amount. e.g. % interest rate per year).
When is a feedbackloop negative and positive?
positive: flow positively affects its own inflow or negatively affects its outflow: increases its stock .
Draw the negative feedback loop
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Draw the positive feedback loop
How do know if a loop is positive or negative from a feedback diagram?
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