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Cornerstore Economic Model
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Peak oil will occur when it is too expensive to bring oil to the surface and not when reserves reach their limit. Companies must make a profit to be able to extract oil and stay in the oil business.  However, that endeavour is becoming more and more difficult because of diminishing returns. They have to dig ever deeper to get to the oil  at ever increasing costs, and the oil they find deep down is of a lesser quality.  We have now reached a point where the price needed by oil companies to make a profit and stay in business is far higher than the price  the market can bear. That price is probably about $ 100 per barrel - and rising every year! A market price o $ 100 will almost certainly cause a sharp recession and cause the price of oil to fall back beyond the point of profitability. For example, the combined profit of ExxonMobile, Chevron and Conocophillips fell from 80.4 billion in 2011 to only 3.7 billon in 2016 - see URL below. What the market can bear depends on the spending power of the mass of non-elite workers. The CLD shows the negative feedback loops that prevent oil prices to rise above the level of  affordability. If non-elite workers cannot afford the goods and services offered,  then there will be no demand for them and by extension for oil.  In this situation the market price will not the cover the cost that oil companies need to extract oil. Oil supplies will decline and so will economic activity!

https://srsroccoreport.com/the-blood-bath-continues-in-the-u-s-major-oil-industry/

THE PRICE TRAP AND PEAK OIL
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COVID Systemigram
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Scott Page's Aggregation diagram from Complexity and Sociology 2015 article see also IM-9115 and SA IM-1163
Macro micro dynamics
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241004_economic growth model structure_SFD
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Better Business - Economic
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Green lines: positive relationships
Red lines: negative relationships

Spill
9 months ago
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Social determinants of health are economic and social conditions that influence the health of people and communities. These conditions are shaped by the amount of money, power, and resources that people have, all of which are influenced by policy choices. Social determinants of health affect factors that are related to health outcomes. Factors related to health outcomes include:
  • How a person develops during the first few years of life (early childhood development)
  • How much education a persons obtains
  • Being able to get and keep a job
  • What kind of work a person does
  • Having food or being able to get food (food security)
  • Having access to health services and the quality of those services
  • Housing status
  • How much money a person earns
  • Discrimination and social support
Determinates of a healthy population
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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Lab 13: Future C Emissions
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Michael Marmot's Eur J Epidemiol Essay 2017 See also IM-62760  Social determinants of health from Michael Marmot's  ABC 2016 Boyer Lectures on Social Justice and the Health Gap
Social Justice, Epidemiology and Health Inequalities
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Laying out and testing before coupling to main model (which is Final Project)
Socio-Economic Factors
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Economic Effect
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This is the summary of lecture ​1 of my Course about StartUps. It's an intro to the startup ecosystem and the different stakeholders that can interact with your new enterprise at different stages of its evolution and growth. -version 1 - for info or suggestions: bonato.pietroz@gmail.com
StartUp ecosystem
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Ocean Acidification at the Great Barrier Reef
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Model based on chapter 10 (opportunity cost) of the book Modeling Dynamic Economic Systems
Opportunity cost
310
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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
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ESI6550 Group 6 (Model 2)
9 months ago
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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
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My InsightPublic Opinion Toward Immigration Reform: The Role of Economic Motivations
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Business Economic Sustainability
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Regulation of resource allocation to service in response to service quality. A non-price-mediated resource allocation system. From Sterman JD Business Dynamics p172 Fig 5-27

Service Quality Balancing Loops
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 Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen. THis can be extended by adding the Ponzi effect of borrowing for speculative investment.

Minsky Financial Instability Model
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Farming_small vs large
9 months ago