Exponential Growth
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WHAT IS IT?
This is a model of exponential growth using the System Dynamics Modeler.
HOW IT WORKS
At each step, the value of INFLOW is added to STOCK. The value of INFLOW is always the previous value of STOCK times a specified growth rate.
HOW TO USE IT
Press the SETUP button, then press the GO button to run the model.
THINGS TO NOTICE
View the STOCK monitor to see the current value of STOCK.
View the plot to observe the growth of STOCK over time.
THINGS TO TRY
Use the System Dynamics Modeler to add an outflow.
Try different growth-rate values.
EXTENDING THE MODEL
Create a new stock that grows linearly. Try having the level of one stock influence the growth rate of the other.
NETLOGO FEATURES
This model uses the System Dynamics Modeler.
RELATED MODELS
System Dynamics -> Logistic Growth
HOW TO CITE
If you mention this model in a publication, we ask that you include these citations for the model itself and for the NetLogo software:
- Wilensky, U. (2005). NetLogo Exponential Growth model. http://ccl.northwestern.edu/netlogo/models/ExponentialGrowth. Center for Connected Learning and Computer-Based Modeling, Northwestern Institute on Complex Systems, Northwestern University, Evanston, IL.
- Wilensky, U. (1999). NetLogo. http://ccl.northwestern.edu/netlogo/. Center for Connected Learning and Computer-Based Modeling, Northwestern Institute on Complex Systems, Northwestern University, Evanston, IL.
COPYRIGHT AND LICENSE
Copyright 2005 Uri Wilensky.
This work is licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-sa/3.0/ or send a letter to Creative Commons, 559 Nathan Abbott Way, Stanford, California 94305, USA.
Commercial licenses are also available. To inquire about commercial licenses, please contact Uri Wilensky at uri@northwestern.edu.
Comments and Questions
;; system-dynamics-setup, system-dynamics-do-plot, and system-dynamics-go are automatically ;; generated by the System Dynamics Modeler. The code can be viewed in the ;; Code Tab of the System Dynamics Modeler. to setup ca system-dynamics-setup system-dynamics-do-plot end to go system-dynamics-go system-dynamics-do-plot end ; Copyright 2005 Uri Wilensky. ; See Info tab for full copyright and license.
There are 10 versions of this model.
Attached files
File | Type | Description | Last updated | |
---|---|---|---|---|
Exponential Growth.png | preview | Preview for 'Exponential Growth' | over 11 years ago, by Uri Wilensky | Download |
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