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.

This is a reconstruction of the SIMM model presented in Chapter 2 of Feedback Economics (Contemporary Systems Thinking)

Part 2 of Lab 1

This model is designed for the local government of Burnie, Tasmania, aiming to help with balancing COIVD-19 and economic impacts during a possible outbreak. 

The model has been developed based upon the SIR model (Susceptible, Infected, Recovered) model used in epidemiology. 

It lists several possible actions that can be taken by the government during a COVID-19 outbreak and provide the economic impact simulation. 

The model allow users to Change the government policies factors (Strength of Policies) and simulate the total economic impact.

Interestingly, the government plicies largely help with controlling the COVID outbreak. However, the stronger the policies are, the larger impact on local economy

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

Current and proposed Structure of CCP and related Models expanding on the details provided in the Project Completion plan IM-101760

Clusters of interacting methods for improving health services network design and delivery. Includes Forrester quotes on statistical vs SD methods and the Modeller's dilemma. Simplified version of IM-14982 combined with IM-17598 and IM-9773

[The Model of COVID-19 Pandemic Outbreak in Burnie, TAS]

This model compares direct exchange prices to money prices. It demonstrates the distortion that monetary expansion or contraction has on the information contained in monetary pricing.

Economic capital growth in a system constrained by a non-renewable resource, Figure 37 from Thinking in Systems by Donella H. Meadows

One of the Archetypes that I see is the way out. The Pioneer Seeds bought will directly keep affecting DuPont's Profit until they start buying Ghanaian corn seeds. My Behavior over Time graphs keep disappearing so, I will just explain them instead. DuPont's Profit will keep going up because so many people like buying the pioneer seeds. Soil Erosion will also go up because there will be more plants growing. Farmers profit will go down because more and more farmers are buying the Pioneer seeds. Affordability of Pioneer Seeds is also going down because of there popularity. The amount of GMO labels is also going down because DuPont feels like it will risk there business. The amount of Pioneer Seeds bought is going up because more and more people keep buying them. The amount of Farming Jobs are going up because more and more people think they will get profit in this business and then it starts to stabilize and goes down a little because they realize farming isn't that good. The amount of Pioneer Seeds is affecting how big the harvest is so, the Harvest is going up. The Amount of Ghanaian Seeds bought is going down because there are more and more Pioneer seeds being bought. Dependency on DuPont is increasing because they need there Pioneer Seeds.

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 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.

Simple model of the global economy, the global carbon cycle, and planetary energy balance.