Re-modeling and simulation of an economic map system based on system dynamic principles-Case study in southern Romania

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Abstract

An economic environment has a series of variables that make it complex and hard to analyse. Many different aspects of this issue have been studied and taken into consideration in various papers from the specialised literature. Approaches related to the representation of an economic environment have been made based on historical data regarding enterprises in a geographic basin using graph theory principles. This paper presents a new approach to creating a model of an economic market on a geographic background area using System Dynamics principles based on this previous model. The model has particularities related to the area taken into study within the Romanian economic context and some aspects regarding the connections that are made between the enterprises within the geographic areas. This model presented in this paper represents a new implementation of the background model.

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Dumitrache, M., Tudor, V. C., Mărcută, A., Tita, V., Sipică, A., Popescu, D. A., … Micu, M. M. (2020). Re-modeling and simulation of an economic map system based on system dynamic principles-Case study in southern Romania. Studies in Informatics and Control, 29(2), 255–264. https://doi.org/10.24846/V29I2Y202010

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