Information Technology In A Global Economy - How is the model-based policy

Information Technology In A Global Economy

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.

1. By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution's policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates. 

-----------------------------------------------------------------------------------------------

question 1 :  Discuss the system dynamics modeling paradigm in a paragraph. 

questio 2 :  What are the benefits of Micro-simulation models? 

question 3 :   What are the limitations of the SKIN model? 

 question 4:  What are the features required by a real-world system model? Give two resources ( APA reference)  that support your thoughts . 

question 5:  ist the steps for creating a simulation model