Villela, Paulo (2020)
paulo.villela@engenharia.ufjf.br

This model is based on Crokidakis, Nuno. (2020). Data analysis and modeling of the evolution of COVID-19 in Brazil. For more details see full paper here.

The model here shows the COVID-19 outbreaks in Burnie Tasmania, which has impacted in the local economy. the relationship between COVID-19 and economic situation has been shown in the graph. Based on the susceptible and exposed rate, the period of spreading can be controlled by lockdown policy. 

Susceptible can be exposed by go out.  resident has a possibility to infect and be infected by others. The infection rate, new cases, immunity rate as well as doing exercise can effect the recovery rate. The economy situation is proportionate to the recovery rate. If there are more recovery rate from the pandemic, the economy situation will recover as well.   

Spring, 2020: in the midst of on-line courses, due to the pandemic of Covid-19.

With the onset of the Covid-19 coronavirus crisis, we focus on SIRD models, which might realistically model the course of the disease.

We start with an SIR model, such as that featured in the MAA model featured in

Without mortality, with time measured in days, with infection rate 1/2, recovery rate 1/3, and initial infectious population I_0=1.27x10-4, we reproduce their figure

With a death rate of .005 (one two-hundredth of the infected per day), an infectivity rate of 0.5, and a recovery rate of .145 or so (takes about a week to recover), we get some pretty significant losses -- about 3.2% of the total population.

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Govt policy reduces infection and economic growth in the same way.

Govt policy is trigger when reported COVID-19 case are 10 or less.

A greater number of COVID-19 cases has a negative effect on the economy.  This is due to economic signalling that all is not well.

Higher testing rates seem to trigger more rapid government intervention, which reduces infectious cases.  The impact on the economy though of higher detected cases though is negative.