Cornerstore Economic Model
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
Scott Page's Aggregation diagram from Complexity and Sociology 2015 article see also IM-9115 and SA IM-1163
Macro micro dynamics
241004_economic growth model structure_SFD
Green lines: positive relationships
Red lines: negative relationships
Spill
Better Business - Economic
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
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Lab 13: Future C Emissions
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
Laying out and testing before coupling to main model (which is Final Project)
Socio-Economic Factors
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
Ocean Acidification at the Great Barrier Reef
Model based on chapter 10 (opportunity cost) of the book Modeling Dynamic Economic Systems
Opportunity cost
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
ESI6550 Group 6 (Model 2)
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
My InsightPublic Opinion Toward Immigration Reform: The Role of Economic Motivations
Business Economic Sustainability
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
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