Find Insights | Insight Maker

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.

Minsky Financial Instability Model

Geoff McDonnell

29

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

@LinkedIn, Twitter, YouTube

Clone of Simple Macroeconomic Model (SIMM) (SFD)

Nilo Guimaraes

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

Burnie Covid Model, Zilin Huang 533476

Zilin Huang

Part 2 of Lab 1

Van Dusen_Energy Economics and Fossil Fuel

Ian Van Dusen

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

3 variables-- ORIGINAL Coffee Pods ISD Humanities v 1.02

Sophie Dugre

This model attempts to illustrate a Strong Towns' perspective of municipal financing of our communities based on a development Growth Ponzi Scheme. http://www.strongtowns.org/the-growth-ponzi-scheme/

The communal economic investment by the community to help generate future economic prosperity and improve the community's quality of life.

If the community generates greater economic prosperity as a result of the Near Term Cash either directly through increased Municipal Revenue or indirectly through the enhancement of Community Wealth Generators and Place Making improvements within the community then it is a desirable investment.

If, however, it leads to ever increasing debt and the chasing of outside investments with the community as the means of collateral then it is a Growth Ponzi Scheme and the community needs to create some new paradigms to find a different path.

Ponzi Growth Scheme Strong Towns

Brian Dowling

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

Structure of the CCP Models

Geoff McDonnell

Clone of Video Game Economics

Stanislava Mildeova

SDM_backup_10.4

Jennly

A single resource is used with a constant rate and converted into products in use. After a while, these products become unusable because of aging. The recycling of these unusable products is imperfect, thus the amount of not recyclable resource grows (until a better recycling process is invented).

Resource 1

Mario

Semirara island Casual Loop Diagram

Paul Gabriel Fajardo

Develop a system model using the gathered Biophysical, Socio-economic, and Cultural data of Iwahig

System Thinking and Modelling

Janah Kathlen J. Ruiz

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

Complex Decision Technologies

Geoff McDonnell

34

Environmental, social, and economic strategy integration for better business ideas

Lindsey Ohlin

Do you like travelling? Find out how we can help make it more sustainable!

Images used:

Suitcase:

http://vignette2.wikia.nocookie.net/animaljam/images/a/ab/Travel-suitcase_(1).png/revision/latest?cb=20140907211051

Fiji: http://cdn.newsapi.com.au/image/v1/91c1263a2a357b3673af8ff8362c0c8d?width=1024

Hotels:

https://taj.tajhotels.com/content/dam/luxury/hotels/taj-palace-delhi/images/master2/16x7/38849817-H1-Exterior_1-16x7.jpg

Poverty:

http://www.montana.edu/extensionecon/images/povertywordcloud.jpg

Leverage Point

https://image.slidesharecdn.com/genderinintegratedsystemsresearchbycynthiamcdougallseniorscientistgenderequitythemeleader-150311041710-conversion-gate01/95/gender-in-integrated-systems-research-by-cynthia-mcdougall-senior-scientist-gender-equity-theme-leader-25-638.jpg?cb=1426065542

Sources:

https://www.statista.com/statistics/270422/forecast-for-2020-arrivals-of-foreign-tourists-worldwide/

http://www.sustainabletourism.net

Week 10 Lecture- Dr. David Tindall Lecture pdf

https://www.adb.org/countries/fiji/poverty

Economic Impact of Tourism on Fiji's Economy: Empirical Evidence from Computable General Equilibrium Model by Paresh Kumar Narayan

https://www.wttc.org/-/media/files/reports/economic%20impact%20research/countries%202015/fiji2015.pdf

http://sustainabletravel.org/our-work/regional-alliances/pacific/hotel-sustainable-resources-pacific/

http://reusegraywater.com/about-us/

Rubin, K.E., The Valuation of Hotels and Motels for Assessment Purposes, 1984

https://en.wikipedia.org/wiki/Leverage-point_modeling

Meadows, D.H., & Wright, D. (2009). Thinking in systems: a primer, London: Earthscan.

Sustainable Tourism (Final)

Claire Huang

Energy-Economic Modeling Info/Funding Flows

Katie Mulvaney

Economic Simulation

Adrian Tough

Overview

The model shows the industry connection and conflict between Forestry and Mountain Tourism in Derby, Tasmania. The objective of this simulation is to find out the balance point for co-exist.

How Does the Model Work?

Both industries can provide economic contribution to Tasmania. Firstly, selling timbers through logging would generate income. Also, spendings from mountain bike riders would generate incomes. However, low tree regrowth rate can not cover up logging, which influences the beautiful vistas and riders' experiences. While satisfaction and expectation depend on vistas and experience, the demand of mountain biking would be influenced through repeat visits and world of mouth as well.

Interesting Insights

Although forestry can provide a great amount of economic contribution to Tasmania, over logging goes against ESG framework as well as creating conflict with mountain tourism. As long as the number of rider visits is stable, tourism can always provide a greater economic contribution compared to forestry. Therefore, the government should consider the balance point between two industries.

Simulation of Derby Mountain Bikes versus Forestry

Silong Lou

Goodwin Model:

This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013), Money and Macroeconomic Dynamics, Chapter 4.5 (link)

Equilibrium conditions:

Labor Supply = 100

Devation from the equilibrium conditions generates growth cycles.

Goodwin Model

Silvan

7

Model 2

Laura Anne Geronimo

Socio-economic

Taylor Gariepy

Socio-Economic Factors

Jenya Bogopolskiy

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

The planetary energy balance model is a two-box model, with shallow and deep ocean heat reservoirs. The carbon cycle model is a 4-box model, with the atmosphere, shallow ocean, deep ocean, and terrestrial carbon.

The economic model is based on the Kaya identity, which decomposes CO2 emissions into population, GDP/capita, energy intensity of GDP, and carbon intensity of energy. It allows for temperature-related climate damages to both GDP and the growth rate of GDP.

This model was originally created by Bob Kopp (Rutgers University) in support of the SESYNC Climate Learning Project.

Clone of Simple Climate-Carbon-Economic Model

Ana Belén Ríos CArmona

Economic Model

Maria Sol Perez Aguirreburualde