ABOUT THE MODEL
This is a dynamic model that shows the correlation between the
health-related policies implemented by the Government in response to COVID-19 outbreak
in Burnie, Tasmania, and the policies’ impact on the Economic activity of the
area.
ASSUMPTIONS
The increase in the number of COVID-19 cases is directly
proportional to the increase in the Government policies in the infected region.
The Government policies negatively impact the economy of Burnie, Tasmania.
INTERESTING INSIGHTS
1. When the borders are closed by the government, the economy
is severely affected by the decrease of revenue generated by the Civil aviation/Migration
rate. As the number of COVID-19 cases increase, the number of people allowed to
enter Australian borders will also decrease by the government.
2. The Economic activity sharply increases and stays in uniformity.
3. The death rate drastically decreased as we increased test rate by 90%.
