Lecture D1 (2021-02-09) - Introduction to Numerical Simulation of Dynamical Systems, Part 1

In this lecture, we more formally introduce the dynamical processes that drive system behaviors over time. To motivate how these dynamical processes can be simulated, we consider two different ways to calculate compound interest in a bank. The second way, which involves calculating how much interest is generated each year, is identical to how we numerically integrate dynamical processes captured as stock and flow diagrams. We discuss a simple bacterial growth modeling problem as an example.