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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
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ECONOMIC INEQUALITY IN SOUTH DAKOTA
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Community Economic Impact
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State Goverment Fiscal Policy model
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This model is comparing healthy and sick residents in Burnie, Tasmania after the Covid-19 Outbreak in 2020. It will also show how the Burnie economy is effected by the disease, how the Government Health Policies are implemented and how they are enforced.

This model is based on the SIR, Susceptible, Infection, Recovery (or Removed) These are the three possible states related to the members of the Burnie population when a contagious decease spreads.

The Government/Government Health Policy, played a big part in the successful decrease in Covid-19 infections. The Government enforced the following.
- No travel (interstate or international)
- Isolation within the residents homes
- Social distancing by 1.5m
- Quarantine
- Non essential companies to be temporarily closed
- Limitations on public gatherings
- And limits on time and kilometers aloud to travel from ones home within a local community

This resulted in lower reported infection rates of Covid-19 and higher recovery rates.

In my opinion:
When the first case was reported the Government could have been even faster to enforce these rules to decrease the fatality rates further for the Burnie, population.  

Assumption: Government policies were only triggered when 10 cases were recorded.
Also, more cases that had been recorded effected the economic growth during this time.

Interesting Findings: In the simulation it shows as the death rates increases towards the end of the week, the rate of testing goes down. You would think that the government would have enforced a higher testing rate over the duration of this time to decrease the number of infections, exposed which would increase the recovery rates faster and more efficiently.  

Figures have been determined by the population of Burnie being 19,380 at the time of assignment.

Complex Systems How Burnie Tasmania dealt with Covid-19 Outbreak BMA708
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Business Economic Sustainability
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From a March 2016 blog entry by Ari Andricopoulos
The economy simply explained
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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
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Health Determinants
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Summary of UNEP ecosystems services CBA 2011 article by Wegner and Pascual
Value and cost benefit analysis
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MM -simulation attempt
4 months ago
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COVID Systemigram
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Vicious economic circle of Aboriginal people
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 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.

Clone of Minsky Financial Instability Model
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Societal Division CLD
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Base_economics
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• This model examines how sustainable consumerism is from social, economic, and environmental aspects. The question in focus is "How will our second-hand clothing donations affect communities in developing countries, specifically Kenya?"

5 Stock Variables: 
• U.S. Consumers
• Multinational Corporations
• Overseas Factories
• Kenya

Highlight Findings: 
To sum up, there are 4 major problems associated to donations:
• 1. Source of problem is the consumer: Cheap deals attract hundreds of millions in revenue for fast fashion, and contribute to 100,000 tonnes of clothing to Kenya annually. 
• 2. Rapid consumerism leads to over-utilization of slowly-renewable resources, such as water.
• 3. Nearly 96% of textiles jobs are eradicated by the massive inflow of clothing donations to Kenya. 
• 4. The offshoring of textiles jobs enrages U.S. blue-collar workers, leading to the rise of protectionism.  



Clone of Environmental, social, and economic sustainability aspects of textiles donations
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COVID-19 outbreak in Burnie Tasmania Simulation Model

Introduction

This model simulates how COVID-19 outbreak in Burnie and how the government responses influence the economic community.  Government responses are based on the reported COVID-19 cases amount, whcih is considered to be based on testing rate times number of people who are infected minus those recovered from COVID-19 and dead.
Government interventions include the implement of healthy policy, border surveillance, quarantine and travel restriction. After outbreak, economic activities are positively affected by the ecommerce channel development and normal economic grwoth, while the unemployement rate unfortunately increases as well. 

Assumption
  • Enforcing government policies reduce both infection and economica growth.                                                                                                         
  • When there are 10 or greater COVID-19 cases reported, the governmwnt policies are triggered.                                                          
  • Greater COVID-19 cases have negatively influenced the economic activities.                                                                                             
  • Government policies restict people's activities socially and economically, leading to negative effects on economy.                                          
  • Opportunities for jobs are cut down too, making umemployment rate increased.                                                                                   
  • During the outbreak period, ecommerce has increased accordingly because people are restricted from going out.                                  
Interesting insights

An increase in vaccination rate will make difference on reduing the infection. People who get vaccinated are seen to have higher immunity index to fight with COVID-19. Further research is needed.

Testing rate is considered as critical issue to reflect the necessity of government intervention. Higher testing rate seems to boost immediate intervention. Reinforced policies can then reduce the spread of coronvirus but absoluately have negative impacts on economy too.
Clone of Mengling Xue 561743 BMA708_Marketing insights into Big Data
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From Jay Forrester 1988 killian lectures youtube video describing system dynamics at MIT. For more detailed biography See Jay Forrester memorial webpage For MIT HIstory see IM-184930 For Applications se IM-185462
System Dynamics Concepts
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Class Economics
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Socio-Economic Model (final)
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An initial study of the economics of single use coffee pods.
TENESPRESSO
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first draft with forked supply demand example intact
Backup of Associative Economics - The Farmer, The baker and The Bread Eaters
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BLOCO ANTERIOR: A e C
Clone of Tese CO2 Supply_CTCP - bloco D