This model is a dynamic model which explains the relationship between the police of the government and the economy situation in Burnie Tasmania after the outbreak of Corona Virus.
This model is based on SIR model, which explains the dynamic reflection between the people who were susceptible, infected,deaths and recovered.
Assumptions
This model assumes that when the Covid-19 positive is equal or bigger than 10, the government policy can be triggered. This model assumes that the shopping rate in retail shops and the dining rates in the restaurants can only be influenced by the government policy.
Interesting Insights
The government police can have negative influence on the infection process, as it reduced the possibility of people get infected in the public environments. The government policy has a negative effect on shopping rate in retail shops and the dining rate in the restaurants.
However, the government policy would cause negative influence on economy. As people can not shopping as normal they did, and they can not dinning in the restaurants. The retail selling growth rate and restaurant revenue growth rate would be reduced, and the economic situation would go worse.
