SImplified causal loop diagram of The
system dynamics approach for a global evolutionary analysis of sustainable
development 2024 article on the Earth4All model
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.
Clusters of interacting methods for improving health services network design and delivery. Includes Forrester quotes on statistical vs SD methods and the Modeller's dilemma. Simplified version of IM-14982 combined with IM-17598 and IM-9773
The purpose of this model intends to highlight a universal expense transaction capability or financing for sustainable development proposal.
If you are not familiar with insight maker please start here.
The template shown in this model uses a stock and flow diagram with relationships to three degrees of maturity and risk in a proposed offer.
An offer represents the tools which local communities can use as part of the Means of Implementation (MoI).
The variables or vectors in the model can be set as a forecast using the features within each variable or vector and stock or flow between links allows either discreet or indiscreet monitoring of a budget with this model showing cost or expenses.
Three degrees of risk are shown in the three vectors from the design strategy and vision vector.
The management decisions are defined and applied to the implementation with this tool offered as a means to monitor either discreetly or indiscreetly.
A wicked problem in any organization would be highly complex business models and lack of agility when strategy changes or new innovation models need to be introduced.
Transaction System Level 2 - Dependencies with APQC Framework
Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at IM-46280
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
