Here we have a basic model and we will investigate what changes would be appropriate for modelling the 2019 Coronavirus.

We add simple containment meassures that affect different paramenters.

The initial parametrization is based on the suggested current data. The initial population is set for Hong Kong.

The questions that we want to answer in this kind of models are not the shape of the curves, that are almost known from the beginning, but, when this happens, and the amplitude of the shapes. This is crucial, since in the current circumstance implies the collapse of certain resources, not only healthcare.

A Susceptible-Infected-Recovered (SIR) disease model with waning immunity

This Model was first developed from the SIR model (Susceptible, Infected, Recovered). It was designed to explore relationship between the government policies regarding the COVID-19 and its influences on the economy as well as well-being of local residents. 

Assumptions:

Government policies will be triggered when reported COVID-19 case are 10 or less;

Government policies reduces the infection and economic growth at the same time.

Interesting Insights:

In the first two weeks, the infected people showed an exponential growth, in another word, that’s the most important period to control the number of people who got affected.