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AKL Ouput Model
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Verano, Mary Ann (Economic Data)
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Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Minsky Financial Instability Model
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Rainfall is posing a dangerous threat to high-precipitation cities such as Vancouver. In natural, forested conditions, 10-20 mm of the rainfall that occurs is intercepted by the lush, vegetative canopy of trees and plants, as it is eventually soaked into the ground before stormwater runoff is generated. This contrasts heavily with unnatural, urbanized areas, where runoff can be generated from as little as 2 mm of precipitation! In an average month in Vancouver, 240 mm of precipitation may fall in 30 days. This equates to an average of 8 mm of precipitation a day. As our climate continues to warm, the frequency and the intensity of our rainfall will only increase. By the year 2050, Vancouver is expected to experience a 5% increase in the volume of rain that occurs over the winter months, alternatively experiencing a 19% decrease in the amount of rainfall throughout the summer months. On Vancouver’s wettest days, extreme rainfall events are expected to intensify by 63%. Our snowpack  is expected to decrease by 53%, as our city’s snow will melt due to the increased temperatures. This will result in surface water flooding, sewer backups, and sewage overflow. Currently, Vancouver’s only approach to solving this issue is spending money to fix and replace the damages that are generated from this unmitigated stormwater runoff. The city of Vancouver has allocated $29.5 million towards Sewer Main replacement. The amount of runoff that is generated from our urbanized city is not only harming the environment, but the economy as well. What could possibly be a better solution than spending money to fix all of these damages runoff is creating? Green Infrastructure! By implementing green infrastructure, this issue is combated in a holistic manner. Through thoughtfully designed living roofs, swales, rain gardens, permeable paving, and rain barrels, we are able to mitigate this stormwater runoff in an effective way that supports our environment, economy, and our society.


As you can see through our model, implementing Green Infrastructure offers a solution to the issue of unmitigated storm water in Vancouver. This Green Infrastructure is engineered by landscape architects and hydrological engineers, and is able to adapt to a system specific to our regional conditions to ensure that the water runoff mimics the natural landscape of the land before our urban infrastructure ruined it. In our model under “Economic Trends,” there is an initial delay and drop in property value, which is due to a period of trial and error during the installation of Green Infrastructure. Investment in Green Infrastructure will increase, leading to the rise of property values. Moreover, in the “Environmental” section of our model, we initially see a decrease in our volume of unpolluted, drinkable groundwater. This occurs during the transition phase as Green Infrastructure is becoming implemented into our buildings and landscapes. Eventually, the amount of drinkable groundwater stabilizes and balances off. Furthermore, in our model under “Trends for Green Homes effect on UHI and Snowmelt/Snowpacks,” it is evident that as more homes are built with Green Infrastructure, the Urban Heated Island effect decreases, as the airflow is better regulated, leading to a cooler average temperature throughout the area. This allows for maintenance of our mountainous snowpacks, and thus decreasing the amount of runoff that is generated from snowmelt. Finally, our society is impacted by this solution of Green Infrastructure, as our population will be happy with the ample amount of accessible, clean drinking water that this solution provides them. Morale will increase as homes are no longer at risk of water damage due to flash floods, and environmental awareness will rise, along with motivation and drive towards creating a more sustainable and holistic lifestyle.
Clone of Assingment 2
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System Zoo Z409 Fishery dynamics from Hartmut Bossel (2007) System Zoo 2 Simulation Models. Climate, Ecosystems, Resources

Fishing is a classic example for use of a renewable resource. Unless overfished, fish populations If is hardly by fishing, then the fish population will persist at a constant size corresponding to its specific ecological envi­ ronment If the stock is overfished, the juvenile generation becomes too small to fully replace the adult generation. If overfishing continues. the population cannot recover and will collapse in short time. Even if fish catch stops now/, it could take decades until the fish population recovers to its original size if it hasn't become extinct meanwhile. In many of the world overtlshing has led, and still leads, to the complete collapse of formerly huge tlsh populations: herring in the North Sea, codtlsh in the Northern Atlantic. tuna, whales to name only a few. With the collapse of fish stocks came the collapse of the t1shing industry in many regions. Employment and
incomes disappeared: whole regions (like Newfoundland) lost their economic base.​
REM 221 - Z409 Fishery dynamics
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Population densities: https://upload.wikimedia.org/wikipedia/commons/4/49/World_population_density_1994_-_with_equator.png
Adding employment
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From Walrave ISDC2014 paper Counteracting the success trap in publically owned corporations. Similar to the ordinary (efficiency focussed) and dynamic capabilities (explore) insight described by David Teece
See also evolution and brain control insight
Explore or Exploit
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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
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This is a reconstruction of the SIMM model presented in Chapter 2 of Feedback Economics (Contemporary Systems Thinking)

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Simple Macroeconomic Model (SIMM) (CLD)
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Lakon_Energy Economics Fossil Fuel
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Final Project Socio-Economic Model
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CLD for Tourism in Maldives
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The World Socio-Economics model is computer model to simulate the consequence of interactions between the earth and human systems based on the World3 model by the work of Club of Rome, The Limits to Growth[1].

The World3 model builds by system dynamics theory that is has an approach to understanding the nonlinear behaviour of complex systems over time using stocks, flows, feedback loops, table functions and time delays.

The Limits to Growth concludes that, without substantial changes in resource consumption, "the most probable result will be a rather sudden and uncontrollable decline in both population and industrial capacity". 

Since the World3 model was originally created, it has had minor tweaks to get to the World3-91 model used in the book Beyond the Limits[2], later improved to get the World3-03 model used in the book Limits to Growth: the 30 year update[3].

References;
[1] Meadows, Donella H., Meadows, Dennis L., Randers, Jørgen., Behrens III, William W (1972). The Limits to Growth. 

[2] Meadows, Donella H., Dennis L. Meadows, Randers, Jørgen., (1992). Beyond the limits: global collapse or a sustainable future.

[3] Meadows, Dennis., Randers, Jørgen., (2004). The limits to growth: the 30-year update.
World Socio-Economics model 2000-2100
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Difficulties with formulae and links
Problems with formulae and links
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Goodwin Model:
This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013), Money and Macroeconomic Dynamics, Chapter 4.5 (link)

Equilibrium conditions:
  • Labor Supply = 100
Devation from the equilibrium conditions generates growth cycles.
Goodwin Model
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clone economics price product
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Explanation of the Model

This is a sample model of Covid-19 outbreak in Burnie, Tasmania showing how the Government responds by implementing relevant health policy and the effects on the Economy of the area. 
 
Assumptions

Economic growth rate is dependent on the proportion of the population who can be exposed. Number of COVID cases negatively impacts the economy. Govt policy is triggered when COVID-19 cases are 10 or more.

Interesting Insights

1) Exposure to the disease has a positive relationship with economic growth rate because the more people goes out, more business activity takes place, resulting in Economic Growth.

2) Increasing the Testing rate results in:

- Higher cases being detected

- Stricter Govt Policy

- Less Deaths


 


Covid-19 outbreak in Burnie Tasmania
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An initial study of the economics of single use coffee pods.
Coffee Pods ISD Humanities v 1.01
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Interactions between labour and capital
Labour and Capital
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Socio-economic Cycle - Final Porjecy
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Georgism
9 months ago
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This Model described the outbreak simulation under government policy and impacts on Economics.

Assumptions 
The social distance policy can reduce 80% of infection.

Interesting Insights
The story tell the difference when social distance applied or not

Click on View story to start simulations

BMA708 Task 3 Zijing Zeng 520737
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This model illustrates the current practice and consequences of government spending. Following the direction of the arrows from right to left the model shows the following sequence based on current practice:

Government Spending at a certain point leads to spending in excess of tax receipts. This will automatically lead to the issue of treasuries in the belief that the excess spending must be financed by borrowing (although the government has the capacity to create  money). This in turn will increase the national debt.

 Consequences that follow from this practice:

1) That national debt increases whenever the government spends in excess of tax receipts.

2) That the government must pay interest on the debt issued, which in turn increases and reinforces the need for government spending.

3) That the interest paid on treasuries will increase private sector income.

There is an alternative view, supported by Modern Monetary Theory, of how government spending can proceed. Please see this  Insight: 

https://insightmaker.com/insight/19954

Government Spending (Current Practice)
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An initial study of the economics of single use coffee pods.
TENESPRESSO