Insight diagram
Green lines: positive relationships
Red lines: negative relationships

Spill
Insight diagram
Better Business - Economic
Insight diagram
EcoCinco_Deforestation_Land Changes
12 months ago
Insight diagram
economic inequality
Insight diagram

Overview:

The COVID-19 Outbreak in Burnie Tasmania shows the process of COVID-19 outbreak, the impacts of government policy on both the COVID-19 outbreak and the GDP growth in Burnie.

Assumptions:

We set some variables at fix rates, including the immunity loss rate, recovery rate, death rate, infection rate and case impact rate, as they usually depend on the individual health conditions and social activities.

It should be noticed that we set the rate of recovery, which is 0.7, is higher than that of immunity loss rate, which is 0.5, so, the number of susceptible could be reduced over time.

Adjustments: (please compare the numbers at week 52)

Step 1: Set all the variables at minimum values and simulate

results: Number of Infected – 135; Recovered – 218; Cases – 597; Death – 18,175; GDP – 10,879.

Step 2: Increase the variables of Health Policy, Quarantine, and Travel Restriction to 0.03, others keep the same as step 1, and simulate

results: Number of Infected – 166 (up); Recovered – 249 (up); Cases – 554 (down); Death – 18,077 (down); GDP – 824 (down).

So, the increase of health policy, quarantine and travel restriction will help increase recovery, decrease confirmed cases, decrease death, but also decrease GDP.

Step 3: Increase the variables of Testing Rate to 0.4, others keep the same as step 2, and simulate

results: Number of Infected – 152 (down); Recovered – 243 (down); Cases – 1022 (up); Death – 17,625 (down); GDP – 824 (same).

So, the increase of testing rate will help to increase the confirmed cases.

Step 4: Change GDP Growth Rate to 0.14, Tourism Growth Rate to 0.02, others keep the same as step 3, and simulate

results: Number of Infected – 152 (same); Recovered – 243 (same); Cases – 1022 (same); Death – 17,625 (same); GDP – 6,632 (up).

So, the increase of GDP growth rate and tourism growth rate will helps to improve the GDP in Burnie.

COVID-19 Outbreak in Burnie Tasmania - Lin Ling 523592
Insight diagram
Ecological economics
Insight diagram
Class Economics
Insight diagram
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
normL
Insight diagram
Description for Each Simulation Tag:

CRISIS:
- Price increasing dramatically, surpasses average detached home price of 3 million in 3 years if left unaddressed
- Housing Demand by potential buyer population will increase due to unmet financial means (Interest rate and price too high). To secure housing, the outflow is linked to price that is affected by supply and demand.
- Total occupied homes will decrease as empty homes purchased by foreign investors for "house flipping" increase and doubles within 5 years.

DEMAND:
-  Demand for housing in Vancouver will increase, but the amount of people motivated to buy with financial means "buyer population", will decrease in correlation.

SUPPLY:
- Prices do not follow traditional supply and demand concepts. Supply of houses on the market is increasing but, as shown, unable to sell because of unaffordability.

SYSTEMS MODEL LOGISTICS:
- Split into demand and supply with interlinked links
- Supply is a feedback system with sold houses branching off into empty housing or occupied housing
- All flows and stocks are linked with the intention that as market price changes, so will various system dynamics
- Used various functions to simulate a more diverse and accurate system

Sustainability: Economic (prices, housing market), Social (motivation to buy and sell)
Crisis Model - Vancouver Housing Crisis
Insight diagram
Fig.5 Generic resource allocation structure from Khalil Saeed and Oleg Pavlov's Dynastic Cycles SD model paper  See also  the SD Simulation Model Insight
Dynastic Cycles Structure
4 months ago
Insight diagram
Rating Matrix of S&P
Rating Matrix
Insight diagram
Plan for CCP project completion see IM-102242  for WIP detail of the structures of the related models
CCP Project Scope Deliverables and Extensions
Insight diagram
COVID Systemigram
Insight diagram
An initial study of the economics of single use coffee pods.
Coffee Pods ISD Humanities v 1.01
Insight diagram
Business Economic Sustainability
Insight diagram
This is an evolving attempt to illustrate the interconnected nature of the economic assets of Roswell - Chaves County
RCC economic model 1.1
Insight diagram
GSGS4610_FastFashion_FinalModel
6 months ago
Insight diagram
Fig 4. The Casual Loop Diagram of the Socio-Political and Economic Subsystems
Insight diagram
Cornerstore Economic Model
Insight diagram
The model takes into account clothing production and textile waste on a global scale while incorporating Vancouver's own "Fast Fashion" issue into the model.

Please refer to the notes for each variable and stock to see which links were hidden from the model.
Fast Fashion ISCI 360
749
Insight diagram
lab 13 Social and economic
Insight diagram
This is a complex model of COVID-19 outbreak in Burnie Tasmania. It show the effect of government policy to local economic and the impact of Covid-19. 

Assumptions
Government policy can reduce the number of infected, however also would reduce the economic growth. 

Interesting insights
Based on changing the value of government policy, it show that the policy can help to reduce on the number of death and infection. 

Covid-19 Out break
Insight diagram
Farming_small vs large