COVID-19 Outbreak in Burnie Tasmania Simulation Model    Introduction:     This model simulates the COVID-19 outbreak situation in Burnie and how the government responses impact local economy. The COVID-19 pandemic spread is influenced by several factors including infection rate, recovery rate, deat
COVID-19 Outbreak in Burnie Tasmania Simulation Model

Introduction:

This model simulates the COVID-19 outbreak situation in Burnie and how the government responses impact local economy. The COVID-19 pandemic spread is influenced by several factors including infection rate, recovery rate, death rate and government's intervention policies.Government's policies reduce the infection spread and also impact economic activities in Burnie, especially its tourism and local businesses.   

Assumptions: 

- This model was built based on different rates, including infection rate, recovery rate, death rate, testing rate and economic growth rate. There can be difference between 
this model and reality.

- This model considers tourism and local business are the main industries influencing local economy in Burnie.

- Government's intervention policies will positive influence on local COVID-19 spread but also negative impact on local economic activity.

- When there are more than 10 COVID-19 cases confirmed, the government policies will be triggered, which will brings effects both restricting the virus spread and reducing local economic growth.

- Greater COVID-19 cases will negatively influence local economic activities.

Interesting Insights:

Government's vaccination policy will make a important difference on restricting the infection spread. When vaccination rate increase, the number of deaths, infected people and susceptible people all decrease. This may show the importance of the role of government's vaccination policy.

When confirmed cases is more than 10, government's intervention policies are effective on reducing the infections, meanwhile local economic activities will be reduced.

 Goodwin cycle  IM-2010  with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Grid-Group Culture applied to Public Management based on Christopher Hood's 1998 book. plus excerpts from Schwartz and Thompson's 1990 Book Divided we stand. See also Managing Mess  IM-11581  and FourCultures  Blog  and  Wikipedia Cultural Theory of Risk
Grid-Group Culture applied to Public Management based on Christopher Hood's 1998 book. plus excerpts from Schwartz and Thompson's 1990 Book Divided we stand. See also Managing Mess IM-11581 and FourCultures Blog and Wikipedia Cultural Theory of Risk
11 months ago
  Overview  The model simulates how logging in with tourism(mountain biking) in Derby Tasmania.   How the model works.   Trees grow, loggers cut them in order to sell them because of demand for Timber.  Mountain cyclist depends on satisfaction and expectation.  Satisfaction and Expectation depends o
Overview
The model simulates how logging in with tourism(mountain biking) in Derby Tasmania.
How the model works.
Trees grow, loggers cut them in order to sell them because of demand for Timber.
Mountain cyclist depends on satisfaction and expectation.  Satisfaction and Expectation depends on Scenery number of trees compared to visitor and Adventure number of trees and users.  Park capacity limits the number of users.  Local Business is influenced by the timber and number of Mountain Cyclist. Employment is influenced by the number of mountain cyclist and logging activity.

Extended from  Im-628  Supply and demand by adding control folder. See also Managing Health Services Use  IM-17566   Based on JHPPL 2015  article  Note here the framing is an economic exchange rather than a public service (needs-services-resources) or capabilities
Extended from Im-628 Supply and demand by adding control folder.
See also Managing Health Services Use IM-17566
Based on JHPPL 2015 article Note here the framing is an economic exchange rather than a public service (needs-services-resources) or capabilities
 Introduction:  This model aims to show that how the Tasmania government's COVID-19 policy can address the spread of the pandemic and in what way these policies can damage the economy.        Assumption:    Variables such as infection rate, death rate and the recovery rate are influenced by the actu
Introduction:
This model aims to show that how the Tasmania government's COVID-19 policy can address the spread of the pandemic and in what way these policies can damage the economy.

Assumption:
Variables such as infection rate, death rate and the recovery rate are influenced by the actual situation.
The government will implement stricter travel bans and social distant policies as there are more cases.
Government policies reduce infection and limit economic growth at the same time.
A greater number of COVID-19 cases has a negative effect on the economy.

Interesting insights:
A higher testing rate will make the infection increase and the infection rate will slightly increase as well. 
Government policies are effective to lower the infection, however, they will damage the local economy. While the higher number of COVID-19 cases also influences economic activities.
This page provides a structural analysis of POTUS Candidate Ben Carson's
 economic policy based on the information at:<!--[if gte mso 9]>
 
  
 
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  https://www.bencarson.com/issues/tax-reform/        

<!--[if gte mso 9]>
 
  
 
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This page provides a structural analysis of POTUS Candidate Ben Carson's economic policy based on the information at:<!--[if gte mso 9]> <![endif]-->

https://www.bencarson.com/issues/tax-reform/

       <!--[if gte mso 9]> <![endif]-->https://www.bencarson.com/issues/balanced-budget-amendment/<!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE X-NONE <![endif]--><!--[if gte mso 9]> <![endif]--><!--[if gte mso 10]> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri",sans-serif; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} <![endif]--><!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE X-NONE <![endif]--><!--[if gte mso 9]> <![endif]--><!--[if gte mso 10]> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri",sans-serif; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} <![endif]-->       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
Simulating Hyperinflation for 3650 days.  If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here,
Simulating Hyperinflation for 3650 days.

If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here, just the net results.

See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.
Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
WIP  based on Where profits come from  paper  , Nathan Tankus  blog  and other historical sources
WIP  based on Where profits come from paper , Nathan Tankus blog and other historical sources
 Wagdy Samir work in progress. Addition of Bill Mitchell's draft textbook  chapter1   See also  The value of everything book IM

Wagdy Samir work in progress. Addition of Bill Mitchell's draft textbook chapter1  See also The value of everything book IM

	In this chart, we see Economical factors from the article  "How America's Favorite Baby-Goat Club is Helping Big Ag Take Over Farming in Africa"  	A club called 4-H which encourages children to farm, takes off in Africa. The club uses a seed called the "Pioneer Seed", a seed from Dupont Pioneer, a
In this chart, we see Economical factors from the article "How America's Favorite Baby-Goat Club is Helping Big Ag Take Over Farming in Africa"
A club called 4-H which encourages children to farm, takes off in Africa. The club uses a seed called the "Pioneer Seed", a seed from Dupont Pioneer, a supplier of genetically modified seeds.
The corn grown from these seeds are much better and sell better than the seeds that the African farmers used before.
The children return to their parents from the 4-H club and tell them about the Pioneer seed. The club gives each family some of the seed. It grows amazingly, and farmers want more and more of the seed.
Unfortunately, the seed is extremely costly and only 6 out of 50 farmers who wish to buy it, can actually afford it. This creates a problem. People want to buy the seed so that they can create profit, but none of the farmers can actually afford it.
not a mathematical model. just a general one
not a mathematical model. just a general one