Find Insights | Insight Maker

$This model shows the operation of a simple economy. It demonstrates the effect of changes in the fractional rate of consumption (or the converse the fractional rate of saving.) In summary, lower rates of consumption (based on production) result in higher rates of production and consumption in the l$

This model shows the operation of a simple economy. It demonstrates the effect of changes in the fractional rate of consumption (or the converse the fractional rate of saving.)

In summary, lower rates of consumption (based on production) result in higher rates of production and consumption in the long-run.

Clone of Simple Economy: Model 8

Nickname

This seeks to model increasing improvements in long run economic growth potential as the education level increases.

LR Economic Growth

Coby Joseph

This high-level simulation model presented by Jay Forrester in his book World Dynamics, simulates socio-economic-environmental world system. The world Model was created in a time where pollution and other negative effects of industrialization and economic growth started to become recognized in 1970. For this exam purpose, we have rebuilt the model to do some experiments and analyze the results.

World Model2

Ali Akhlaqi

Aaron Smith Model / Simulation of the UK Air Transport System for : Modelling, Simulation and Visualisation. ELP076

Air Transport System Model

Aaron Smith

13

Ecological economics

Bertrand Nzomigni

An initial study of the economics of single use coffee pods.

Coffee Pods ISD Humanities - Anouk D 10.4

Anouk de Jong

This is a first attempt to illustrate the interconnected nature of the economic assets of Roswell - Chaves County

RCC economic model

Jens Deichmann

Food Waste Part 2

Kiran Rashid

5

This page provides a structural analysis of POTUS Candidate Rand Paul's economic policy based on the information at: https://www.randpaul.com/issue/spending-and-debt and also https://www.randpaul.com/issue/taxes 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

DRAFT IPA of Rand Paul Economic Policy

Steve Wallis

WIP Summary of Davies 2017 article from special Theory Culture and Society issue on Elites and Power after Financialization

Elite Power under Advanced Neoliberalism

Geoff McDonnell

Decarbonization Stories

Dean M

10

This causal loop diagram illustrates the interconnected factors affecting the economic empowerment of Congolese refugee women in Rwanda, with economic dependency as the central problem reinforced by limited access to vocational training, employment opportunities, and financial services. The diagram shows two key reinforcing loops: one where vocational training leads to employment and income generation, which reduces dependency and improves access to further training (R1), and another where income generation builds self-confidence and skills recognition, leading to better employment opportunities (R2), while language barriers and cultural constraints act as inhibiting factors throughout the system.

Causal Loop Diagram: Economic Empowerment of Congolese refugee women in Rwanda.

Christine

7 months ago

Community Economic Impact

Matthew Owen Deters

Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen. THis can be extended by adding the Ponzi effect of borrowing for speculative investment.

Minsky Financial Instability Model

John Vorhauer

3

WIP Social determinants of health from Michael Marmot's ABC 2016 Boyer Lectures on Social Justice and the Health Gap See US Data website for data and AIHW website for concepts. See also IM-83417 Marmot Essay 2017

Social Justice and the Health Gap

Geoff McDonnell

Better Business - Economic

Hannah Hazewinkel

Crusoe economics test

richardvdlinde

วช

meng

An initial study of the economics of single use coffee pods.

Nina Coffee Company Model *

Nina Strecker

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.

BMA708_Assignment 3_Nguyen Dang Khoa Vo_520272_COVID-19 outbreak and Burnie economy