problem 1:

Make a distinction between endogenous and exogenous activities, continuous and discrete systems with illustrations.

problem 2:

Illustrate the classification of models and simulation models.

problem 3:

prepare down the principles for the building models.

problem 4:

Illustrate corporate model as an integrated unit of the subsystems and components.

problem 5:

Illustrate out the Monte carlo method as a numerical computational technique.

problem 6:

Illustrate out the cobweb model as a type of distributed lag model.

problem 7:

Illustrate out the numerical computational technique using an illustration of a continuous model.

problem 8:

Illustrate out the logistic curve as a combination of two types of growth models.