Insight diagram
Pathways Causal Loop - no cross-sector
Insight diagram
This model is made to illustrate the components that impact profitability on a basic level. 
Profit maximizing
Insight diagram
An initial study of the economics of single use coffee pods.
Nina Coffee Company Model *
Insight diagram
In this Insight I focus on the demand site of the Market and Price model, leaving the supply side out.
Demand factors
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Nghi Son Economic Zone Pollutant Loads
9 months ago
Insight diagram
Leverage points interactions
Insight diagram
Summary of Ch1 of Mitchell Wray and Watts Textbook see IM-164967 for overview
Macroeconomics Introduction
Insight diagram
Better Business - Economic
Insight diagram
Ecological economics
Insight diagram
This model is based off Meadows economic capital with reinforcing growth loop constrained by a renewable resource model.
Tourism Simulator
Insight diagram
School dropout
Insight diagram
this model shows the relationship between economic growth and government debt (just the bailout debt) and the mortgage default burden. At the current rates, the debt will never be paid off.
bailout debt, mortgage defaults and economic growth
Insight diagram
Economic Model - Final Project
Insight diagram
Crisis Migration - Political
Insight diagram
Final SSM Lionfish Management PT2 revised with Storytelling
6 months ago
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Business Economic Sustainability
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Group Project - German recession risk
Insight diagram

This Model was developed from the SEIR model (Susceptible, Enposed, Infected, Recovered). It was designed to explore relationships between the government policies regarding the COVID-19 and its impact upon the economy as well as well-being of residents. 

Assumptions:

Government policies will be triggered when reported COVID-19 case are 10 or less;


Government Policies affect the economy and the COV-19 infection negatively at the same time;


Government Policies can be divided as 4 categories, which are Social Distancing, Business Restrictions, Lock Down, Travel Ban, and Hygiene Level, and they represented strength of different aspects;

 

Parameters:

Policies like Social Distancing, Business Restrictions, Lock Down, Travel Ban all have different weights and caps, and they add up to 1 in total;

 

There are 4 cases on March 9th; 

Ro= 5.7  Ro is the reproduction number, here it means one person with COVID-19 can potentially transmit the coronavirus to 5 to 6 people;


Interesting Insights:

Economy will grow at the beginning few weeks then becoming stagnant for a very long time;

Exposed people are significant, which requires early policies intervention such as social distancing.

Model of COVID-19 Outbreak in Burnie, Tasmania
Insight diagram
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Final Project
Insight diagram
Introduction:
This model demonstrates the COVID-19 outbreak in Burnie, Tasmania. It shows how the government policy tries to reduce the spread of COVID-19 whilst also impacting the local economy.

Assumptions:
This model has four variables that influence the number of COVID-19 cases: infection rate, immunity loss rate, recovery rate and death rate.

In order to reduce the pandemic spread, in this model, assume the government released six policies when Burnie COVID-19 cases are equal or over 10 cases. Policies are vaccination promotion, travel restriction to Burnie, quarantine, social distance, lockdown and testing rate.

Government policies would reduce the pandemic. However, it decreases economic growth at the same time. In this model, only list three variable that influence local economic activities. 
Travel restrictions and quarantine will reduce Burnie tourism and decrease the local economy. On the other hand, quarantine, social distance, lockdown allow people to stay at home, increasing E-commerce business.
As a result, policies that cause fewer COVID-19 cases also cause more considerable negative damage to the economy.

Interesting insights:
One of the interesting findings is that the government policy would reduce the COVID-19 spread significantly if I adjust the total government policies are over 20% (vaccine promotion, travel restriction, quarantine, social distance, lockdown), 3560 people will die, then no more people get COVID-19.
However, if I change the total government policy to less than 5%, the whole Burnie people will die according to the model. Therefore, we need to follow the polices, which saves our lives.
BMA708 assignment3 - Model of COVID-19 outbreak in Burnie
Insight diagram
Socio-Economic Model (final)
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To compete with cheap price and convenience,
Community Economy must provide the distinct merits; human connection, belief in person, unique quality enable citizens willing to pay for fair price.
Community Values Change the Spending Choice of Citizens for Economic Equity
Insight diagram
This is an important Henry George insight; labor creates all wealth (rather than capital creating it).
This model attempts to illustrate (crudely) how capital responds to price discovery. 
Among many things it will be necessary to show how money is created and the link between money and capital. (10/11/2014) 
To Do
find out how to draw appropriate flows; reinforcing and balancing loops etc
Labor creates Wealth