Masterstudium Business Informatics - Fakultät für Informatik, TU Wien

13. Übergangsbestimmungen
Die Übergangsbestimmungen werden gesondert im Mitteilungsblatt verlautbart und liegen
im Dekanat der Fakultät für Informatik der Technischen Universität Wien auf.
A. Modulbeschreibungen
BAE/INE - Information Economics and Social Simulation
ECTS-Credits: 6.0
Summary: This module deals with various important concepts of information in economics
and the social sciences and shows ways to simulate socio-economic systems. In
socio-economic systems heterogeneous individuals interact in networks, which heavily
inuence the learning and decision making processes of these individuals. These micropatterns
of behaviour lead to macrobehaviour of the society, which can be simulated in
a realistic way by employing agent based computational simulation. In the lecture parts
of the module important concepts are introduced and ways to simulate socio-economic
systems are presented. In the project part of the module students employ and deepen
this knowledge by working on and experimenting with computational social simulation
models, especially with agent based models.
Learning Outcomes:
Knowledge:
Skills:
• Concepts of information in economics and the social sciences
• Reasons for the complexity inherent in socio-economic systems and the limitations
of common economic model, as well as those of simulation methods
• The method of agent based computational simulation, its use and limitations
• Limitations of economic models as well as alternative modelling methods
• Employing agent based simulation to analyze socio-economic systems
• Using Netlogo to rapidly develop a simple simulation model and thus understanding
a wide range of scientic socio-economic simulation models
Competences:
• Some experience in team working on scientic projects
• Being able to deepen knowledge on your own
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