ISCI 360 Project - Stage 2    Our model examines the relationship between two straw types ( plastic straws and biodegradable straws ) and their impact on the  environment and economics . Specifically, we are interested in  figuring out whether biodegradable straws are a viable solution to plastic st
ISCI 360 Project - Stage 2

Our model examines the relationship between two straw types (plastic straws and biodegradable straws) and their impact on the environment and economics. Specifically, we are interested in figuring out whether biodegradable straws are a viable solution to plastic straws

Our model is broken down into three aspects: Social, Environmental and Economic. Color coding is used to differentiate between the different aspects and is explained below:
Turquoise represents the social aspect. 
Purple represents the economic aspects.
Green represents the environmental aspects. 
Blue represents other crucial stocks and flows in the model that do not necessarily fit into the three aspects above. 

In our model, the Canadian population is assumed to increase steadily until a carrying capacity is reached. This can be seen in the graph as the line increases linearly before plateauing indefinitely. We assumed that we will be able to maintain the population at our carrying capacity due to technological advances. 

Social Aspect:
The social aspect refers to the impact that awareness of the detrimental costs of straws can have on the usage of straws. The two flows that contribute to awareness are word of mouth (i.e. your friends and family informing you about the effects of straws and influencing you to stop using them) and media coverage (i.e. the media highlights the effects of straws). Both of these flows are dependent on the Canadian population such that 25% of the Canadian population at any time will be impacted by word of mouth or media coverage. (Side note: since word of mouth and media coverage are dependent on the Canadian population, they will plateau when the population does.) This is an arbitrary number but was chosen to show what a change in perspectives of the Canadian population can do. These flows input into an 'awareness of detrimental effects of using plastic straws' stock that reduces the number of plastic straws being used. 

Plastic Straws
According to data from the United States individuals usually use 1.6 straws everyday and thus, we have assumed that to be true in Canada as well. Plastic straws start at a base value (due to the previous straw usage) and grow with the Canadian population while subtracting the awareness component of the model. 

Environmental Aspect 
Since the decomposition of plastic versus paper is significantly different, the amounts that accumulate in the ocean and landfills can be monitored. In addition, the impact on the environment can be monitored. Since plastic straws take longer to decompose, they have a larger impact on wildlife in the ocean than biodegradable straws. Thus, as the plastic straw usage decreases, the amount of habitat loss occurring plateaus. We have also included the aspect of clean-up in which the plastic from the ocean can be moved to the landfill. You will notice that the habitat loss plateaus but does not decrease. This is because we cannot reverse the damage we have done (without additional rigorous clean-up) but can mitigate additional damage. (Please note that clean-up affects only the stock 'Plastic Straws in the ocean' and thus, does not affect the stock 'habitat loss.' Therefore, clean-up will reduce the number of plastic straws in the ocean and indirectly affect the stock 'habitat loss.' However, it will not clean up the plastic straws already impacting 'habitat loss.')

Economic Aspect
The economic aspect monitors the amount of money it takes to make plastic straws versus biodegradable straws and the amount of money the government needs to fund ocean clean-ups. It can be seen that a the usage of plastic straws decreases, the need for clean-up money from the government decreases. However, there is a base level of damage that has already been done by us and thus, larger scale clean-ups will be needed to reverse that. In other words, smaller clean-ups will mitigate the damage we are currently doing but not reverse the damage we have already done. We can also track the cost of making each straw; it can be seen that biodegradable straws are more expensive to make. 

However, the energy required to make the straws is less for biodegradable straws than plastic straws. Thus, there are trade-offs for using biodegradable straws.

Although, biodegradable straws are more expensive, they require less energy to make, decompose faster, require less funding for clean-up and impact the wildlife in the ocean to a lesser degree
     Description:    
Model of Covid-19 outbreak in Burnie, Tasmania  This model was designed from the SIR
model(susceptible, infected, recovered) to determine the effect of the covid-19
outbreak on economic outcomes via government policy.    Assumptions:    The government policy is triggered when t

Description:

Model of Covid-19 outbreak in Burnie, Tasmania

This model was designed from the SIR model(susceptible, infected, recovered) to determine the effect of the covid-19 outbreak on economic outcomes via government policy.

Assumptions:

The government policy is triggered when the number of infected is more than ten.

The government policies will take a negative effect on Covid-19 outbreaks and the financial system.

Parameters:

We set some fixed and adjusted variables.

Covid-19 outbreak's parameter

Fixed parameter: Background disease.

Adjusted parameters: Infection rate, recovery rate. Immunity loss rate can be changed from vaccination rate.

Government policy's parameters

Adjusted parameters: Testing rate(from 0.15 to 0.95), vaccination rate(from 0.3 to 1), travel ban(from 0 to 0.9), social distancing(from 0.1 to 0.8), Quarantine(from 0.1 to 0.9)

Economic's parameters

Fixed parameter: Tourism

Adjusted parameter: Economic growth rate(from 0.3 to 0.5)

Interesting insight

An increased vaccination rate and testing rate will decrease the number of infected cases and have a little more negative effect on the economic system. However, the financial system still needs a long time to recover in both cases.

Simple model of the global economy, the global carbon cycle, and planetary energy balance.    The planetary energy balance model is a two-box model, with shallow and deep ocean heat reservoirs. The carbon cycle model is a 4-box model, with the atmosphere, shallow ocean, deep ocean, and terrestrial c
Simple model of the global economy, the global carbon cycle, and planetary energy balance.

The planetary energy balance model is a two-box model, with shallow and deep ocean heat reservoirs. The carbon cycle model is a 4-box model, with the atmosphere, shallow ocean, deep ocean, and terrestrial carbon. 

The economic model is based on the Kaya identity, which decomposes CO2 emissions into population, GDP/capita, energy intensity of GDP, and carbon intensity of energy. It allows for temperature-related climate damages to both GDP and the growth rate of GDP.

This model was originally created by Bob Kopp (Rutgers University) in support of the SESYNC Climate Learning Project.
This page provides a structural analysis of POTUS Candidate Jim Gilmore's
 economic policy based on the information at:  http://www.gilmoreforamerica.com/jims-growth-code/   The method used is Integrative 
Propositional Analysis (IPA) 
available: 
​
http://scipolicy.org/uploads/3/4/6/9/3469675/walli
This page provides a structural analysis of POTUS Candidate Jim Gilmore's economic policy based on the information at: http://www.gilmoreforamerica.com/jims-growth-code/  The method used is Integrative Propositional Analysis (IPA) available: ​ http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
Simulating Hyperinflation for 3650 days.  If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here,
Simulating Hyperinflation for 3650 days.

If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here, just the net results.

See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.
 The macroeconomic ruel: SPENDING = INCOME = OUTPUT, WHICH DRIVES EMPLOYMENT is presented here in a schematic form. Output can be taken to be equivalent to  GDP. In order to maintain output it is necessary for all the income earned to be spent. If this is not the case, then companies find they have

The macroeconomic ruel: SPENDING = INCOME = OUTPUT, WHICH DRIVES EMPLOYMENT is presented here in a schematic form. Output can be taken to be equivalent to  GDP. In order to maintain output it is necessary for all the income earned to be spent. If this is not the case, then companies find they have excess unsold stock on their hands and will cut back on production. This, in time, will lead to an increase in unemployment as companies need fewer employees. The shortfall in spending can be made up by any of the three sectors that contribute to total output. However, in cases where  a country has a trade deficit and where the private sector is not spending or investing enough, the only option is for the government to Net Spend i.e. to spend more than it collected in taxes causing a fiscal deficit.

This is Figure 6 from Lancastle, N. (2012) 'Circuit Theory Extended: The Role of Speculation in Crises' based on Keen, S. (2010). Solving the Paradox of Monetary Profits.   http://www.economics-ejournal.org/economics/journalarticles/2012-34      Banks expand their lending, which in this model leads
This is Figure 6 from Lancastle, N. (2012) 'Circuit Theory Extended: The Role of Speculation in Crises' based on Keen, S. (2010). Solving the Paradox of Monetary Profits.

http://www.economics-ejournal.org/economics/journalarticles/2012-34

Banks expand their lending, which in this model leads to higher production, wages and spending. The result is an increase in total spending.