course info tech in a global economy please refer the requirements for more details

Question 1:

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Decision Making Using Systems Modelling

Chapter 5:
What is the future of the broader field of systems modeling and simulation? What are the simulation models currently utilized in the field of policy-making? Module 5 covers the recent and current revolutions in modeling and simulation for model-based analysis and decision making.

Your readings in this unit, along with the two sources that you located on systems modeling for decision making in IT, evaluate and analyze the applicability of system simulations in policy-making.
Address the following:

  • How is the model-based policy design different from intuitive policy making?
  • What are the techniques currently used to build models?
  • How does system models assist with decision making?

Your paper should be approximately 500 words and demonstrate proper APA formatting and style. You do not need to include a cover page or abstract, but be sure to include your name, assignment title, and page number in the running header of each page. Your paper should include a minimum of four references from your unit readings and assigned research; the sources should be appropriately cited throughout your paper and in your reference list. Use meaningful section headings to clarify the organization and readability of your paper.

Reference

Janssen, M., Wimmer, M. A., & Deljoo, A. (Eds.). (2015). Policy practice and digital science: Integrating complex systems, social simulation and public administration in policy research (Vol. 10). Springer.