Find Insights | Insight Maker

Ecological economics

Bertrand Nzomigni

Health Determinants

Chelsea Poeppel

Cornerstore Economic Model

Michelle Molskow

WIP concepts from Rachel Turner's Book Neo-liberal Ideology

Neoliberal concepts

Geoff McDonnell

Este modelo es una copia de "Goodwin Business Cycle". Quité al menos una variable y aproximé la relación discreta entre el nivel de empleo y el crecimiento anual del salario con una función basada en la tangente hiperbólica.

Ciclo de conyunctura de Goodwin

Philipp von Bülow Duden

6 months ago

Insight economical

Артём Хабибуллин

Barangay IRAWAN Systems Model

Biophysical, Socio-cultural & Economic Data of Bgy. IRAWAN

Sitti Mashita J. Kilis

This model describes the whole process about government response and economic impact when the covid-19 outbreak in Burnie, Tasmania. When the reported cases increase to a certain level, the government realizes its high risk, then publishes a series of policies to protect the public, such as travel restriction, social distance and quarantine. The economic damage is also severe, especially for tourism and hostility industry and retail industry.

Clearly, in the beginning, the number of infected people and death cases increase sharply, but due to government policies and vaccination, it effectively reduces covid-19 cases. For economy, on one hand, the government health policies slow down the pace of growth, on the other hand, the government build vaccine confidence, which leads to more people getting vaccinated, and help the economy back to normal.

Covid-19 outbreak in Burnie Tasmania

yuan zhang

Ocean Acidification at the Great Barrier Reef

Silvana Russo

Wagdy Samir work in progress. Addition of Bill Mitchell's draft textbook chapter1 See also The value of everything book IM

MacroEconomics

Geoff McDonnell

5

Description for Each Simulation Tag:

CRISIS:

- Price increasing dramatically, surpasses average detached home price of 3 million in 3 years if left unaddressed

- Housing Demand by potential buyer population will increase due to unmet financial means (Interest rate and price too high). To secure housing, the outflow is linked to price that is affected by supply and demand.

- Total occupied homes will decrease as empty homes purchased by foreign investors for "house flipping" increase and doubles within 5 years.

DEMAND:

- Demand for housing in Vancouver will increase, but the amount of people motivated to buy with financial means "buyer population", will decrease in correlation.

SUPPLY:

- Prices do not follow traditional supply and demand concepts. Supply of houses on the market is increasing but, as shown, unable to sell because of unaffordability.

SYSTEMS MODEL LOGISTICS:

- Split into demand and supply with interlinked links

- Supply is a feedback system with sold houses branching off into empty housing or occupied housing

- All flows and stocks are linked with the intention that as market price changes, so will various system dynamics

- Used various functions to simulate a more diverse and accurate system

Sustainability: Economic (prices, housing market), Social (motivation to buy and sell)

Crisis Model - Vancouver Housing Crisis

Ray C

The housing market is heavily dependent on two main factors; supply and demand. Both play a major role in determining an equilibrium price for both sellers and buyers in the real estate market.

Residents, or the general population of individuals, place significant reliance on financial institutions to provide sources of capital i.e mortgages, to fund their purchases of homes. The rate of interest charged by these organisations in turn gives buyers (consumers) purchasing power, creating demand.

Supply is made up of the number of houses in the market, and consequently, of these, the number of houses which are up for sale. As the prices of houses for sale increases, the demand for purchase of these properties decreases. Conversely, the lower price, the higher the demand. Once the market reaches an equilibrium point, to which buyers and sellers form an agreement, houses are sold accordingly. An underlying factor to consider is the cost of construction, which impacts producers, or suppliers in this instance, and thus the number of homes for sale, and the expected profit sellers hope to achieve.

The simulated graph highlights the common scenario within the housing market, to which we see that as price increases, the total number for houses for sale decreases, generating an opposite slope to the price. As the price for houses increases, the demand for the houses decreases and vice versa. The equilibrium is evident at time 14 whereby the price of houses and the number of houses for sale overlaps which in turn creates a market to which both buyers and sellers are happy.

Clone of The effect of Supply and Demand on the Housing Market Assignment 3 (43323871)

nat borto

Business Economic Sustainability

Phebe Rutledge

วช

meng

The World3 model is a detailed simulation of human population growth from 1900 into the future. It includes many environmental and demographic factors.

Use the sliders to experiment with the initial amount of non-renewable resources to see how these affect the simulation. Does increasing the amount of non-renewable resources (which could occur through the development of better exploration technologies) improve our future? Also, experiment with the start date of a more environmentally focused policy.

ECM-Training - World3 Model (clone) : Classic World Simulation

JFade

47

Class Economics

Neon Schaf

Community Economic Impact

Matthew Owen Deters

Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.

Q4 Final Project w/ socio-economic

Claire Murley

This is a high-level causal loop diagram mapping the impacts of a power outage on FEMA lifelines and associated services, and the resulting potential feedbacks and impacts to human behavior and various dimensions of wellbeing.

A lifeline enables the continuous operation of critical government and business functions and is essential to human health and safety or economic security.

Lifelines are the most fundamental services in the community that, when stabilized, enable all other aspects of society to function.
FEMA has developed a construct for objectives-based response that prioritizes the rapid stabilization of Community Lifelines after a disaster.
The integrated network of assets, services, and capabilities that provide lifeline services are used day-to-day to support the recurring needs of the community and enable all other aspects of society to function.
When disrupted, decisive intervention (e.g., rapid re-establishment or employment of contingency response solutions) is required to stabilize the incident.

Context-dependent characteristics of hazards, households, and infrastructures influencing vulnerability are represented as variables. Variables are constant or dynamically calculated values that can be used to synthesize data, calibrate models, and/or create forcing functions based on the current time.

Lifeline services are represented as converters, which can be used to represent input-output relationships or graphs.

Multiple forms of capital (e.g., human, natural, social, manufactured) are represented as stocks. Stocks are flexible "buckets" into which something can be accumulated or withdrawn from.

Human Dimensions of Energy Systems

Laura Supple

This paper aims at describing a case where system dynamics modeling was used to evaluate the effects of information and material supply lead-time variation on sales contributions margins and operating cash conversion cycle of a commodity export business. An empirical dynamic model, loaded with econometric theory of price effect on competitive demand, was used to describe the input data. The model simulation outputs proved themselves relevant in analyzing the complex interconnections of multiple variables affecting the profitability in a commercial routine, supporting the decision process among sales managers.

SDR Case study System dynamic modelling