Using the Method of System Dynamics to Forecast Additional Manpower Needs in Murmansk Region

Abstract

The research has application-oriented character and is aimed at solving practical task of forecasting additional manpower needs in the regional economy of the Murmansk region. The authors propose to integrate the existing methods for determining manpower needs with simulation modeling. Models of system dynamics (simulation models) are used to design tools to determine a number of employed people and job vacancies for each type of economy activity. The peculiarity of the developed tools is the possibility to consider large regional investment projects.