Insight diagram
Week 13.1 Lab Economic Model
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
Template to start Assignment 1.  Click "Clone Insight" above to make a copy for yourself.
JoyW ISCI 360 Assignment 1
Insight diagram
Economic model
Insight diagram

This complex system models the dynamics and impacts of transportation efficacy and efficiency of sustainable urban transportation in Durham Region. Within the Regional Municipality of Durham, there are eight local Municipalities consisting of Ajax, Brock, Clarington, Oshawa, Pickering, Scugog, Uxbridge, and Whitby, which account for a total population of approximately 750,000 individuals as of 2023. As Durham Region continues to expand and increase in population, road structures will be faced with an increasing traffic load that will generate a significant amount of carbon emissions. Due to the prevailing climate concerns, the need for sustainable urban transportation is evident.

Urban transportation systems are a cornerstone of city life. They connect communities and businesses, while providing access to services, supporting economic and social activities. Maintaining a vast network of transportation systems as cities grow, becomes increasingly challenging. These challenges, consisting of traffic congestion, environmental impact, and diverse transportation needs, become of paramount concern, such that political campaigns run solely on these platforms.

Within this stock and flow model are the main variables that comprise transportation emissions within Durham Region. The urban transportation model highlights different modes of transportation in the form of stocks, which consist of public transit users (bus), fossil fuel car drivers, and EV car drivers, as well as the inflows and outflows that are influenced by various variables. 

All data used within this model was obtained from the various sources on the internet. The data used within the model is based off of estimate values. Data pertaining to population values and cities/towns that comprise Durham Region, ON obtained from the following source(s): 


**NOTE: Kindly note we have used 14 sources in total that we have referenced - 2 are listed below as these 2 sources were used for the above description - the other references are located in the variables where the sources were used. 

Regional Municipality of Durham. (n.d.). Demographics and statistics. Durham Region Economic Development and Tourism. Retrieved November 24, 2024, from https://www.durham.ca/en/economic-development/invest-and-grow/demographics-and-statistics.aspx

Regional Municipality of Durham. (n.d.). Local municipalities. Durham Region. Retrieved from https://www.durham.ca/en/regional-government/local-municipalities.aspx

Group 8 Members: Leda Alizada (100821720), Pritika Lally (100867821), Mahad Rashid (100779108), Rileigh Rodych (100515185), Sami Siddique (100460897)

EcoTransit Durham - Modeling Urban Transportation in Durham Region for 2023
Insight diagram
Economic model
Insight diagram
Systemigram Model Building Exercise
Insight diagram
Cornerstore Economic Model
Insight diagram
Dynamic model
Insight diagram
241004_economic growth model structure_SFD
Insight diagram
Vymazal Lukáš - seminární práce Finanční model
2 months ago
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
An initial study of the economics of single use coffee pods.
Coffee Pods ISD Humanities v 1.01
Insight diagram
This model is comparing healthy and sick residents in Burnie, Tasmania after the Covid-19 Outbreak in 2020. It will also show how the Burnie economy is effected by the disease, how the Government Health Policies are implemented and how they are enforced.

This model is based on the SIR, Susceptible, Infection, Recovery (or Removed) These are the three possible states related to the members of the Burnie population when a contagious decease spreads.

The Government/Government Health Policy, played a big part in the successful decrease in Covid-19 infections. The Government enforced the following.
- No travel (interstate or international)
- Isolation within the residents homes
- Social distancing by 1.5m
- Quarantine
- Non essential companies to be temporarily closed
- Limitations on public gatherings
- And limits on time and kilometers aloud to travel from ones home within a local community

This resulted in lower reported infection rates of Covid-19 and higher recovery rates.

In my opinion:
When the first case was reported the Government could have been even faster to enforce these rules to decrease the fatality rates further for the Burnie, population.  

Assumption: Government policies were only triggered when 10 cases were recorded.
Also, more cases that had been recorded effected the economic growth during this time.

Interesting Findings: In the simulation it shows as the death rates increases towards the end of the week, the rate of testing goes down. You would think that the government would have enforced a higher testing rate over the duration of this time to decrease the number of infections, exposed which would increase the recovery rates faster and more efficiently.  

Figures have been determined by the population of Burnie being 19,380 at the time of assignment.

Complex Systems How Burnie Tasmania dealt with Covid-19 Outbreak BMA708
Insight diagram
Laying out and testing before coupling to main model (which is Final Project)
Socio-Economic Factors
Insight diagram
Food insecurity
Insight diagram
Format: Given pre-conditions when independent variables(s) then dependent variable

Given Earnings Decline (0.25), Spending Variance (55), Initial Investment (500) and Rate of Return (RandNormal(0.06, 0.12)) when one of these independent variables change then how sensitive is Investment (22) over a 30 year time period (-1,000)

H1: if you Earn more then Investment will last much longer => rejected

H2: if you Spend less then Investment will last much longer => accepted

H3: if your Initial Investment is higher then Investment will last much longer => accepted

H4: if you reduce your Spend when Investments are declining then Investment will last much longer => accepted

Given Earnings Decline (0.25), Spending Variance (55), Initial Investment (500) and Rate of Return (RandNormal(0.06, 0.12)) when one of these independent variables are optimised then Investment will last exactly 30 years by minimising the absolute investment gap

H1: if you set an appropriate Spending Base then remaining Investment is 0 => rejected

H2: if you set an appropriate Spending Reduction then remaining Investment is 0 => rejected

Source for investment returns: https://seekingalpha.com/article/3896226-90-year-history-of-capital-market-returns-and-risks
OrangeFortune | Wealth Management when Retiring
4 4 weeks ago
Insight diagram
Employment Dynamics
Insight diagram
Explanation
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.


BMA708_Assignment 3_Joleen Tanjaya
Insight diagram
I made this as an illustration of a piece of text I read in Regenerative Economics, household economics.
Unpaid Care
Insight diagram
Fig 17.15 p700 Causal structure of commercial real estate markets of Case Study from John Sterman's 2000 Business Dynamics Book 
Boom and bust in Commercial Real Estate
Insight diagram
Causal loop structure of system dynamics models of the business cycle and the Kondratieff long wave from Gene Bellinger's AI gemini prompts mc and mr Jan2026 From MIT Sloan school work esp Forrester and Sterman
Short and Long Business and Economic Cycles
2 months ago