Calculating aspects of estimates of control parameters system dynamics models

S. I. Spivak^a, I. R. Salakhov^a, O. G. Kantor<sup>b

a</sup> Bashkir State University, Ufa
^b Institute of Social and Economic Researchs, Ufa Science Centre, Russian Academy of Sciences

Abstract: In this paper we propose an approach to constructing models of system dynamics, based on the use of econometric modeling methods, approximate and numerical methods of integration, and series of numerical experiments which would allow the researcher to carry out a phased process of adjusting the model in terms of an adequate description of experimental data.

Keywords: differential equations, Runge-Kutta method, Simpson's rule, system dynamics models, estimation of model parameters.

UDC: 517.9