This is the second part (therefore lecture numbers start from 6 and not 1) of a classic introductory course in System Dynamics that was taken by hundreds of WPI students from different degree and professional programs since 2005. Seventeen years after its original debut by Jim Hines and Jim Lyneis with special appearance of Oleg Pavlov, we decided to make it accessible to a larger audience and split its content into digestible self-paced micro-courses while keeping its original video content intact. We have added more practice exercises to help gauge your learning along the way. This is the second micro-course in a series of three. We hope you will enjoy it and most importantly learn!

Learning Outcomes:

• • Recognize several real world phenomena and their underlying structures.
  • Explain observed behaviors (growth, equilibrium, decline, and oscillation) and how they are generated and controlled. 
  • Understand fundamental concepts like delays, aging chains, and adjustment processes.
  • Describe some of the implications of policy interventions.