Description

The model shows Covid-19 situations in Burnie, Tasmania. Under such circumstances, how the state government deals with the pandemic and how economy changes will be illustrated. The relationship between government policy and economic activities under Covid-19 outbreaks will be explained through different variables.

Assumptions

Government policy negatively affects Covid-19 outbreaks and economic activities.

Covid-19 outbreaks also has negative effects on economic growth.

Parameters

There are several fixed and adjusted variables.

1.     COVID-19 Outbreaks

Fixed variables: infection rate, recovery rate

Adjusted variables: immunity loss rate

2.     Government Policy

Adjusted variables: lockdown, social distancing, testing, vaccination

3.     Economic impact

Fixed variables: tourism

Adjusted variables: economic growth rate

Interesting Insights

Tourism seems to be the most effective way to bring back economic growth in Tasmania, and it takes time to recover from Covid-19.

Government policies tend to have negative influences on economic growth.

Modern industrial civilisation has created massive interdependencies which define it and without which it could not function. We all depend on industrial farming to produce the food we eat, we depend on gasoline being available at the gas station,  on the availability of electricity and even on the bread supplied by the local baker. Naturally, we tend to support the institutions that supply the amenities and goods to which we have become accustomed: if we get our food from the local supermarket, it is likely that we would be opposed to it’s closure. This means that the economic system that relies on continuous growth enjoys implicit societal support and that nothing short of environmental disaster or a shortage of essential raw materials will impede it’s growing indefinitely. It is not hard to work out the consequences of this situation!

Model of Covid-19 Outbreak in Burnie, Tasmania

When reported COVID-19 cases begin to show a rapid increase, the government will initiate control policies to deal with the spread.As the number of people tested increases and measures such as isolation and medical assistance are implemented, the number of people infected will decline rapidly.Therefore, the government's policy is to reduce and eliminate sources of transmission by increasing the number of tests and initiating control measures.At the same time, it also shows the negative impact of economic growth, which according to the model will stop in the next 20 weeks.