This model demonstrates the relationship between the covid-19 outbreak, government policy, and economic impacts. This model was developed based on SIR model (Susceptible, Infection, Recovery). The model also outlines the policies been implemented by the government to cope with Covid-19 pandemic and it also indicate its economic impact.
Interesting insights
This model indicates the government policies have had positive influence on economic impact and it reduce its negative effects on the economy.
SIR model with deaths by disease. We are working on the
speficication of this model for it to represent the global development
of the COVID-19 pandemic. This project is ongoing under the
responsibility of PPGEA Pandemics Task Force Team, from Universidade
Federal de Viçosa - UFV.
This model shows the COVID-19 outbreak in Burnie and how the government policy impacts the economy. The possible phases when the infectious disease spreads in Burnie can be labelled as Susceptible, Infection and Recovery, which are main factors in the model. It is concluded that the government policy can reduce the infectious disease and also the impact in the overall economy.
Assumption
The Government Healthy Policy will affect the decrease in the infection and economy growth rate at the same time.
The Government Health Policy is only triggered when there are more than 10 cases
The increase in number of COVID-19 cases can affect negatively towards the economic growth.
Interesting Insights:
The Government's vaccination promote will reduce the possibility of spreading the infectious disease.
When vaccination rate increase, the dead, infected people and susceptible group will all decrease. This reveals that the crucial role in government's vaccination promote program.
When there is more than 10 confirmed cases, the government policies can effectively reduce the infections and the overall economic activities.
This model can be used to investigate how government interventions affect transmission and mortality associated with COVID-19 during an outbreak, and how these interventions impact on the economic activities in Burnie, Tasmania.
Assumptions can be made that effective government intervention can reduce the number of people infected, whereas the local economy is severely impacted.
Insights:
1. When COVID-19 case are more than 10, government policy will be triggered.
2. Testing rate is very crucial to understanding the spread of the pandemic and responding appropriately.
BMA708_Marketing insights_Covid-19 Outbreak in Burnie Tasmania_Jing XU
Clique aqui para ver um vídeo com a apresentação sobre a construção e uso deste modelo. É recomendável ver o vídeo num computador de mesa para se poder ver os detalhes do modelo.
Dados iniciais de infectados, recuperados e óbitos para diversos países (incluindo o Brasil) podem ser obtidos aqui neste site.
