Students shall learn which methods are applicable to simulate different socio-economic systems/problems. Furthermore they shall be able to adapt and use simulations (especially agent-based simulations) to gain insights and analyze suited socio-economic problems. Additionally, one of the main objectives is that students understand nature and reasons for the inherent complexity of socio-economic systems.

Basic concepts of computational social simulation especially agent based simulation in a socio-economic context
Comparison of agent based simulation with other computational social simulation methods
Some seminal examples of agent based simulations
Introduction to simulation software (Netlogo)
Experimenting with agent based simulations
Analyzing simulation results
Developing small computational simulations
Generating dynamic social networks

The course has a small lecture part and a large exercise part - consisting of three group assignments, which have to be solved in groups of 3-4 students.

This course is part of the Business Informatics master curriculum (066 926).

Please register in the group "Main Registration" in TISS - preferrably before the initial meeting.

Grading consists of an individual part (written exam) and a group effort (theoretical, experimental and development group assignments).

Extensive course information will be available in TUWEL after the initial meeting. Group formation will also be realized in TUWEL.