Insight diagram
Attempt at viewing the interactions better burning of fossil fuels and trying to see the shift towards cleaner energy 

Equations are only tested on Desmos and not based on real data
Fossil Fuel and Clean Energy
Insight diagram
An initial study of the economics of single use coffee pods.
Coffee Pods ISD Humanities v 1.01
Insight diagram
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
This Scenario hits Affluence (1% decrease per annum) to increase decarbonization of energy. Additionally, decrease in affluence is increased by temperature increases damaging the global economy
Final Project 4 W/ Socio-Economic Factors - Investment+Temperature Degradation
Insight diagram

 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
Insight diagram
Economic Effect
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This model illustrates the current practice and consequences of government spending. Following the direction of the arrows from right to left the model shows the following sequence based on current practice:

Government Spending at a certain point leads to spending in excess of tax receipts. This will automatically lead to the issue of treasuries in the belief that the excess spending must be financed by borrowing (although the government has the capacity to create  money). This in turn will increase the national debt.

 Consequences that follow from this practice:

1) That national debt increases whenever the government spends in excess of tax receipts.

2) That the government must pay interest on the debt issued, which in turn increases and reinforces the need for government spending.

3) That the interest paid on treasuries will increase private sector income.

There is an alternative view, supported by Modern Monetary Theory, of how government spending can proceed. Please see this  Insight: 

https://insightmaker.com/insight/19954

Government Spending (Current Practice)
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Addition to Program Evaluation Insight based on Health System Efficiency WHO Europe 2016 publication includes vital signs
Health System Efficiency
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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
Insight diagram
I made this as an illustration of a piece of text I read in Regenerative Economics, household economics.
Unpaid Care
Insight diagram
ESI6550 Group 6 (Model 2)
10 months ago
Insight diagram
My Insight
Insight diagram
lab 13 Social and economic
Insight diagram
WIP Summary of MIchael Hudson's Book Killing the Host: How Financial Parasites and Debt destroy the Global Economy 
Killing the Host
Insight diagram
An economic model of Oregon's Marijuana. 
Visual display of the Marijuana flow in Oregon.
OMM
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
Ocean Acidification at the Great Barrier Reef
Insight diagram
วช
Insight diagram

This model indicate indicates the modeling COVID-19 outbreaks and responses from government policies with the effect on the local economy. Model was occurred at Burnie, Tasmania. The model mainly contains three parts: COVID-19 pandemic outbreak, four differences government policies and what the impact on economy from those policies.

 

Assumptions:

(1) Various variables influence the model, which can result in varied outcomes. The following values are based on an estimate and may differ from actual values. Government initiatives are focused at reducing Covid-19 infections and, as a result, affecting (both positive and negative) economic growth.

 

(2) 42% of infected people will recovery. 10% of people who are infected will die and the rate relatively higher due to the much old people living in Burnie, Tasmania.

78% of cases get tested.

 

(3) Government policy will only be implemented when there are ten or more recorded cases. Four government policies have had influences on infection.  

 

(4) The rising number of instances will have a negative impact on Burnie's economic growth.

 

Insights:

1. As a result of the government's covid 19 rules, fewer people will be vulnerable. Less people going to be susceptible.

 

2. After the government policy intervention, there is a effectively reduce of infected people.

 

3. Overall, there is no big differences of economic performance from the graph, might due to the positive and negative effect of economy. And after two weeks, the economy maintained a level of development without much decline.

BMA708 Yanglin Hu
Insight diagram

Public utilities do not need to make a profit. They can concentrate on providing a quality service, a public good. By contrast, the primary objective of private utilities is not to provide a public good, but profit and profitability. This simple CLD tries to show the conflict that can arise from this and a hidden dynamic, a reinforcing feedback loop, that can lead to disaster. Unfortunately, there are examples where failure in infrastructure maintenance has led to disaster. On the 9th of July 2009, the German newspaper 'Welt Online' reported that the authorities in Berlin had to intervene and force the company that was running Berlin's S-Bahn (suburban rail service) to withdraw half of all the city's trains from service because they were considered unsafe! Something similar happened in the UK where failure to maintain rail tracks led to serious accidents. 

Private Utility's Objective: Provision of a Public Good or Profit?
Insight diagram
This model shows the simulation of COVID-19 outbreaks when it hit Burnie, Tasmania. This model will show how government intervention will impact the total number in COVID 19 cases and the overall economic activity.

 

Assumptions

1.   The current Burnie population in 19550. Therefore, the susceptible population is equal to the current Burnie population.

2.       Since Burnie is just a regional city, the virus infection rate is 25% as 5000 people in Burnie went into quarantine during the outbreak last year.

3.       50% of people who are infected will recover.

4.       20% of people who are infected will die because Burnie population average is old.

5.       Government intervention and policy will reduce the Infection

6.       COVID-19 is only countable as a case if the infected people have been tested, and the percentage of testing depends on how many infected people have been tested.

7.       Following a recovery, there is a chance that people could lose their immunity, and also the immunity loss rate measures this.

8.       Government intervention will reduce the infection rate by 15%.

9.       Lockdown will cause tourism industry to shut down and affect the overall economic activity.

10.   Lockdown is one of the most effective way to prevent infection.

11.   Strict health protocol also contributes to reduce the infection.

12.   Vaccination will not make people fully immune to the virus. However, vaccinated people will reduce the immunity loss percentage.

13.   Economic growth rate percentage is based on year 2020.

Findings

1.       COVID-19 could be significantly reduced in number and the spread of the vaccine could make a significant impact on the epidemic.

2.       Economic activity will drop during the first phase of government intervention, However, it will steadily increase overtime

3.       Less people going to be susceptible as government imposed covid 19 rules.

BMA708 Michael Sunjaya Jurenang ID:547923
Insight diagram
BMA708_Assignment 3_Xiaoya Zuo
Insight diagram
Farming_small vs large
10 months ago