Clone of Economics Fast Fashion
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Lab 13_carbon cycle from Gabe
ECONOMIC INEQUALITY IN SOUTH DAKOTA
This page provides a structural analysis of POTUS Candidate Jim Gilmore's
economic policy based on the information at: http://www.gilmoreforamerica.com/jims-growth-code/ 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 Jim Gilmore Economic Policy
Model-SIM from chapter 3 of Wynn Godley and Marc Lavoie's Monetary Economics. Simplest model with government money that is also stock-flow consistent.
Model-SIM
A clone of the 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: http://www.jstor.org/stable/10.2307/4538470.
This model requires development and testing. Please contact the author if you are able to help.
Clone of Minsky Financial Instability Model
Socio-Economic Model (final)
The causes of homelessness is illustrated in this causal loop diagram
Homelessness problem
Flow & Diagram Loop Syria
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Final Project
Based on the Market and Price simulation model in System Zoo 3, Z504. I made some more intrusive changes that make the model more realistic, or more 'economic', in another version 'simplified and improved'.
Simplified Z504 Market and Price - System Zoo 3
Overview: The model shows the industry competition and relationship between Forrestry and Mountain Bike Trip in Derby, Tasmania. The aim of the simulation is to find a balance between the co-existence of these two industry.
How Does the Model Work?
Both industries will generate incomes. Firstly, income is generated from the sale of timber through logging. In addition, income is also generated from the consumption of mountain bike riders. Regarding to the Forrestry industry, people cut down trees because there is a market demand for timber. The timber is sold for profits. However, the experience of mountain biking tourism is largely affected by the low regeneration rate of trees and the degradation of the environment and landscape due to tree felling. People have better riding experiences when trees are abundant and the scenery is beautiful. People's satisfaction and expectations depend on the scenery and experience. Recommendations of past riders will also impact the tourists amount.
Interesting Insights
The income generated by logging can provide a significant economic contribution to Tasmania, but excessive logging can lead to environmental problems and a reduction in visitors. Excessive logging can lead to a decline in tourism in the mountains, which will affect tourism. Despite the importance of forestry, tourism can also provide a significant economic contribution to Tasmania. The government should find a balance between the two industries while maintaining the number of tourists.
Simulation of Derby Mountain bikes versus logging
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Lab 13 (Base)
DPSIR Framework to Analyze EcoPeace Middle East's Good Water Neighbours Strategy
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
Peak oil will occur when it is too expensive to
bring oil to the surface and not when reserves reach their limit. Companies
must make a profit to be able to extract oil and stay in the oil business. However, that endeavour is becoming more and
more difficult because of diminishing returns. They have to dig ever deeper to
get to the oil at ever increasing costs,
and the oil they find deep down is of a lesser quality. We have now reached a point where the price
needed by oil companies to make a profit and stay in business is far higher
than the price the market can bear. That
price is probably about $ 100 per barrel - and rising every year! A market
price o $ 100 will almost certainly cause a sharp recession and cause the price
of oil to fall back beyond the point of profitability. For example, the combined
profit of ExxonMobile, Chevron and Conocophillips fell from 80.4 billion in
2011 to only 3.7 billon in 2016 - see URL below. What the market can bear depends
on the spending power of the mass of non-elite workers. The CLD shows the negative
feedback loops that prevent oil prices to rise above the level of affordability. If non-elite workers cannot
afford the goods and services offered, then there will be no demand for them and by
extension for oil. In this situation the
market price will not the cover the cost that oil companies need to extract
oil. Oil supplies will decline and so will economic activity!
https://srsroccoreport.com/the-blood-bath-continues-in-the-u-s-major-oil-industry/
THE PRICE TRAP AND PEAK OIL
WIP Social determinants of health from Michael Marmot's ABC 2016 Boyer Lectures on Social Justice and the Health Gap See US Data website for data and AIHW website for concepts. See also IM-83417 Marmot Essay 2017
Social Justice and the Health Gap
Correlation of National Electrification with Internal and External Influence Factors
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Lab 13 Model 3
EcoCinco_Deforestation_Land Changes
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
On the occasion of th G20-meeting in Toronto, the German Economics minister Herr Schaüble said that without restoring confidence it would not be possible to get consumer spending and business investment going. Similar remarks were made by David Cameron and Señor Zapatero of Spain. All maintain that confidence is a pre-requisite to get growth going and that, therefore, it was imperative to reduce fiscal deficits. Reducing the fiscal deficit will restore confidence at first. However, reducing the deficit very quickly will introduce a dynamic that may cause the economy to decline - and perhaps depress consumers demand even further. It will actually destroy confidence: few businesses are inclined to invest in a shrinking economy. Cutting the deficit too rapidly or too steeply can lead to a confidence trap.
NOTE: A big experiment is now taking place in the UK - the government has cut public spending severely! Will this lead to hardship and, perhaps, social unrest?
Confidence Trap and Growth
