Insight diagram
I made this model to simulate how a companies revenue will change depending on the lifetime of the appliances it manufactures, in combination with the ratio of repair costs and price. It also shows the accumulation of e-waste.
Simulatie apparaten
Insight diagram
An initial study of the economics of single use coffee pods.
K Collins Coffee Pods ISD Humanities v 1.02
Insight diagram
Implementação do modelo Handy.

Referência:

Motesharrei, S.; Rivas, J.; Kalnay, E. "Human and nature dynamics (HANDY): Modelling inequality and use of resources in the collapse or sustainability of societies". Ecological Economics 101 (2014) 90-102

http://www.sciencedirect.com/science/article/pii/S0921800914000615
HANDY
Insight diagram
Green lines: positive relationships
Red lines: negative relationships

Spill
12 months ago
Insight diagram
Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Economic policy in an open economy
Insight diagram
Ecological economics
Insight diagram
Laying out and testing before coupling to main model (which is Final Project)
Socio-Economic Factors
Insight diagram
Clone of IM-91683 from jacqui and vincy Summary of paper map produced by participants at the compelling case for prevention workshop 6 june 2017. 

Current premier version containing Story Steps and text for vincy to update.
This is clone of 97129 via Vincy.
FINAL Clone of Concept Map produced by CCP Workshop 1
Insight diagram
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
Insight diagram
Sustainability Toamasina
Insight diagram
Model of Covid-19 outbreak in Burnie, Tasmania

This model was designed from SIR model(susceptible, infected, revovered) to find out the effect of covid-19 outbreak into economic outcomes via government policy.

Assumptions

The government policy is triggered when number of infected is more than ten.

The government policies will take negative effect into Covid-19 outbreaks and financial system

Parameters

We set some fixed and adjusted variables.
Covid-19 outbreak's parameter
Fixed parameters: Infection rate, Background disease, recovery rate.
Adjusted parameter: Immunity loss rate can be change from vaccination rate.

Government policy's parameters
Adjusted parameters: Testing rate(from 0.15 to 0.95), vaccination rate(from 0.3 to 1), travel ban(from 0 to 0.9), social distancing(from 0.1 to 0.8), Quarantine(from 0.1 to 0.9)

Economic's parameters
Fixed parameter: Tourism
Adjusted parameter: Economic growth rate(from 0.3 to 0.5)

Interesting insight

Increase vaccination rate and testing rate will decrease the number amount of infected case and a little bit more negative effect to economic system. However economic system still need a long time to recover in both cases.
BMA708_Assignment 3_ndkvo_520272_COVID-19 outbreak and Burnie economy
Insight diagram
Cornerstore Economic Model
Insight diagram

Este modelo es una copia de "Goodwin Business Cycle". Quité al menos una variable y aproximé la relación discreta entre el nivel de empleo y el crecimiento anual del salario con una función basada en la tangente hiperbólica.

Ciclo de conyunctura de Goodwin
Insight diagram
This page provides a structural analysis of POTUS Candidate Rand Paul's economic policy based on the information at:  https://www.randpaul.com/issue/spending-and-debt and also   https://www.randpaul.com/issue/taxes  The method used is Integrative Propositional Analysis (IPA) available: ​ http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
DRAFT IPA of Rand Paul Economic Policy
Insight diagram
Better Business - Economic
Insight diagram
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Lab 13: Future C Emissions
Insight diagram
School dropout
Insight diagram
This model was proposed in a regulatory framework in Brazil. Its main idea is the obtainment of a dynamic control model to avoid the related parties issues on regulated public services over contract extensions. As the terminal condition of these contract extensions is NPV=0, the firms would have an incentive to contract related parties to inflate costs, and diminish their profits, in order to request a larger time extension. So, this system creates a stable "shadow" based on the 5 years before these extensions, where the company did not have such incentives.
Cost Efficiency Capture Model
Insight diagram
Economic Effect
Insight diagram
An initial study of the economics of single use coffee pods.
Coffee Pods ISD Humanities - Anouk D 10.4
Insight diagram
ESI6550 Group 6 (Model 2)
Insight diagram
Simulation of MTBF with controls

F(t) = 1 - e ^ -λt 
Where  
• F(t) is the probability of failure  
• λ is the failure rate in 1/time unit (1/h, for example) 
• t is the observed service life (h, for example)

The inverse curve is the trust time
On the right the increase in failures brings its inverse which is loss of trust and move into suspicion and lack of confidence.
This can be seen in strategic social applications with those who put economy before providing the priorities of the basic living infrastructures for all.

This applies to policies and strategic decisions as well as physical equipment.
A) Equipment wears out through friction and preventive maintenance can increase the useful lifetime, 
B) Policies/working practices/guidelines have to be updated to reflect changes in the external environment and eventually be replaced when for instance a population rises too large (constitutional changes are required to keep pace with evolution, e.g. the concepts of the ancient Greeks, 3000 years ago, who based their thoughts on a small population cannot be applied in 2013 except where populations can be contained into productive working communities with balanced profit and loss centers to ensure sustainability)

Early Life
If we follow the slope from the leftmost start to where it begins to flatten out this can be considered the first period. The first period is characterized by a decreasing failure rate. It is what occurs during the “early life” of a population of units. The weaker units fail leaving a population that is more rigorous.

Useful Life
The next period is the flat bottom portion of the graph. It is called the “useful life” period. Failures occur more in a random sequence during this time. It is difficult to predict which failure mode will occur, but the rate of failures is predictable. Notice the constant slope.  

Wearout
The third period begins at the point where the slope begins to increase and extends to the rightmost end of the graph. This is what happens when units become old and begin to fail at an increasing rate. It is called the “wearout” period. 
BATHTUB MEAN TIME BETWEEN FAILURE (MTBF) RISK
Insight diagram
Model based on chapter 10 (opportunity cost) of the book Modeling Dynamic Economic Systems
Opportunity cost
Insight diagram
Overview of Part G Ch 27 to 30 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
History of Macroeconomic Thought