Insight diagram
This model simulates the economics of buying a home. It was created to compare buying a home against using investment returns to pay for rent. According to Micheal Finke, house prices typically run 20x monthly rental rates. 

Try cloning this insight, setting the parameter values for real-world scenarios, and then running sensitivity analysis (see tools) to determine the likely wealth outcomes. Compare buying a home to renting. Note that each run will keep the parameters the same while simulating market volatility.

version 2.0
Home buying simulation 2.0
Insight diagram
Environmental, social, and economic strategy integration for better business ideas
Insight diagram
leverage point 4
Insight diagram
Rhino poaching in South - Africa
Insight diagram
Do you like travelling? Find out how we can help make it more sustainable!

Images used:
Suitcase: 
http://vignette2.wikia.nocookie.net/animaljam/images/a/ab/Travel-suitcase_(1).png/revision/latest?cb=20140907211051
Fiji: http://cdn.newsapi.com.au/image/v1/91c1263a2a357b3673af8ff8362c0c8d?width=1024
Hotels:
https://taj.tajhotels.com/content/dam/luxury/hotels/taj-palace-delhi/images/master2/16x7/38849817-H1-Exterior_1-16x7.jpg
Poverty:
http://www.montana.edu/extensionecon/images/povertywordcloud.jpg
Leverage Point
https://image.slidesharecdn.com/genderinintegratedsystemsresearchbycynthiamcdougallseniorscientistgenderequitythemeleader-150311041710-conversion-gate01/95/gender-in-integrated-systems-research-by-cynthia-mcdougall-senior-scientist-gender-equity-theme-leader-25-638.jpg?cb=1426065542

Sources:
https://www.statista.com/statistics/270422/forecast-for-2020-arrivals-of-foreign-tourists-worldwide/

http://www.sustainabletourism.net

Week 10 Lecture- Dr. David Tindall Lecture pdf

https://www.adb.org/countries/fiji/poverty

Economic Impact of Tourism on Fiji's Economy: Empirical Evidence from Computable General Equilibrium Model by Paresh Kumar Narayan

https://www.wttc.org/-/media/files/reports/economic%20impact%20research/countries%202015/fiji2015.pdf

http://sustainabletravel.org/our-work/regional-alliances/pacific/hotel-sustainable-resources-pacific/

http://reusegraywater.com/about-us/

Rubin, K.E., The Valuation of Hotels and Motels for Assessment Purposes, 1984

https://en.wikipedia.org/wiki/Leverage-point_modeling

Meadows, D.H., & Wright, D. (2009). Thinking in systems: a primer, London: Earthscan.






Sustainable Tourism (Final)
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
From Walrave ISDC2014 paper Counteracting the success trap in publically owned corporations. Similar to the ordinary (efficiency focussed) and dynamic capabilities (explore) insight described by David Teece
See also evolution and brain control insight
Explore or Exploit
Insight diagram
Economic capital, with its reinforcing growth loop constrained by a nonrenewable resource
Two Stock Systems-reinforcing growth loop constrained by a nonrenewable resource
11 last month
Insight diagram
real leverage point 4
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
Energy-Economic Modeling Info/Funding Flows
Insight diagram
Socio-Economic Factors
Insight diagram
Food Waste Part 2
Insight diagram
Socio-economic
Insight diagram
Economic capital, with its reinforcing growth loop constrained by a nonrenewable resource.
Insight diagram
LS Greenway
Insight diagram
Economic Cost-Benefit Analysis- Roadkill Mitigation
Insight diagram

Description:

Model of Covid-19 outbreak in Burnie, Tasmania

This model was designed from the SIR model(susceptible, infected, recovered) to determine the effect of the covid-19 outbreak on economic outcomes via government policy.

Assumptions:

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

The government policies will take a negative effect on Covid-19 outbreaks and the financial system.

Parameters:

We set some fixed and adjusted variables.

Covid-19 outbreak's parameter

Fixed parameter: Background disease.

Adjusted parameters: Infection rate, recovery rate. Immunity loss rate can be changed 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

An increased vaccination rate and testing rate will decrease the number of infected cases and have a little more negative effect on the economic system. However, the financial system still needs a long time to recover in both cases.

BMA708_Assignment 3_Nguyen Dang Khoa Vo_520272_COVID-19 outbreak and Burnie economy
Insight diagram
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.
Hyperinflation Simulation
Insight diagram
UBC EConomic lens
Insight diagram
Pathways Causal Loop - Education connections