Overview
The model simulates how logging in with tourism(mountain biking) in Derby Tasmania.
How the model works.
Trees grow, loggers cut them in order to sell them because of demand for Timber.
Mountain cyclist depends on satisfaction and expectation. Satisfaction and Expectation depends on Scenery number of trees compared to visitor and Adventure number of trees and users. Park capacity limits the number of users. Local Business is influenced by the timber and number of Mountain Cyclist. Employment is influenced by the number of mountain cyclist and logging activity.
Simulation of Mountain Cyclist vs logging
THE NEW SCIENCE OF PLEASURE Daniel L. McFadden NBER Working Paper 18687
From Extended Neoclassical to Behavioral Choice Models
Cornerstore Economic Model
Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Economic policy in an open economy
Overview of Part G Ch 27 to 30 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
History of Macroeconomic Thought
BTC Previsions (Next 10 Years)
WIP concepts from Rachel Turner's Book Neo-liberal Ideology
Neoliberal concepts
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Lab 13 Scen 2
GSGS_GREECE_GERMANY_MIGRATION_DRAFT
Community Economic Impact
Better Business - Economic
lab 13 Social and economic
Based on oid 2016 report to be compared with the Just Justice Framework WIP insight
Overcoming Indigenous Disadvantage
My Insight_ENVS8019 report 5 exercise
Peak oil will occur when it is too expensive to
bring oil to the surface and not when reserves reach their limit. Companies
must make a profit to be able to extract oil and stay in the oil business. However, that endeavour is becoming more and
more difficult because of diminishing returns. They have to dig ever deeper to
get to the oil at ever increasing costs,
and the oil they find deep down is of a lesser quality. We have now reached a point where the price
needed by oil companies to make a profit and stay in business is far higher
than the price the market can bear. That
price is probably about $ 100 per barrel - and rising every year! A market
price o $ 100 will almost certainly cause a sharp recession and cause the price
of oil to fall back beyond the point of profitability. For example, the combined
profit of ExxonMobile, Chevron and Conocophillips fell from 80.4 billion in
2011 to only 3.7 billon in 2016 - see URL below. What the market can bear depends
on the spending power of the mass of non-elite workers. The CLD shows the negative
feedback loops that prevent oil prices to rise above the level of affordability. If non-elite workers cannot
afford the goods and services offered, then there will be no demand for them and by
extension for oil. In this situation the
market price will not the cover the cost that oil companies need to extract
oil. Oil supplies will decline and so will economic activity!
https://srsroccoreport.com/the-blood-bath-continues-in-the-u-s-major-oil-industry/
THE PRICE TRAP AND PEAK OIL
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
A systems model of the relationships amongst economic situation, health situations and Covid-19 in Burnie, Tasmania.
Health situation
According to exposed and go out population decreases, the population of infected decreases after a stable high cases period.
Economic situation
When the infected population decreases, the population economic recovery increases over time, then become stable after a period of time.
BMA708 Assessment 3 Complex system
