Abstract for: Introducing Systems Thinking and System Dynamics Models in Economics Education
System dynamics is a methodology that is widely used in many academic fields within the social sciences, health sciences, business, natural and environmental sciences, and engineering. It explains the complex behavior of social and economic systems with feedback models that capture complex causality and feedback effects between variables. This article discusses the opportunities and challenges for introducing such feedback models in the economic curriculum. We start by reviewing the traditional economic coursework. Then we point out the tradeoffs that instructors must consider as they introduce new pedagogies for delivering economics material. In this context, we discuss different approaches to using feedback models in economics courses. We explain that the selection of a particular approach depends on the learning objectives, the preparation of students, and the training of the instructor. The expected audiences for this article are economics instructors as well as graduate students who are considering academia as a profession.