Find Insights | Insight Maker

From a March 2016 blog entry by Ari Andricopoulos

The economy simply explained

Geoff McDonnell

My InsightPublic Opinion Toward Immigration Reform: The Role of Economic Motivations

Food insecurity

Employment Dynamics

Insight economical

Explanation

This model shows the COVID-19 outbreak in Burnie and how the government policy impacts the economy. The possible phases when the infectious disease spreads in Burnie can be labelled as Susceptible, Infection and Recovery, which are main factors in the model. It is concluded that the government policy can reduce the infectious disease and also the impact in the overall economy.

Assumption

The Government Healthy Policy will affect the decrease in the infection and economy growth rate at the same time.

The Government Health Policy is only triggered when there are more than 10 cases

The increase in number of COVID-19 cases can affect negatively towards the economic growth.

Interesting Insights:

The Government's vaccination promote will reduce the possibility of spreading the infectious disease.

When vaccination rate increase, the dead, infected people and susceptible group will all decrease. This reveals that the crucial role in government's vaccination promote program.

When there is more than 10 confirmed cases, the government policies can effectively reduce the infections and the overall economic activities.

BMA708_Assignment 3_Joleen Tanjaya

Joleen Tanjaya

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

Geoffrey Alan Chapman

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

Geoff McDonnell

ESI6550 Group 6 (Model 2)

Brad D

Economic Effect

Rahmanda Nofal

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?

Hanns-Jürgen Hodann

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

V B

638

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

Alex

6

WIP Summary of MIchael Hudson's Book Killing the Host: How Financial Parasites and Debt destroy the Global Economy

Killing the Host

Geoff McDonnell

4

Grid-Group Culture applied to Public Management based on Christopher Hood's 1998 book. plus excerpts from Schwartz and Thompson's 1990 Book Divided we stand. See also Managing Mess IM-11581 and FourCultures Blog and Wikipedia Cultural Theory of Risk

The Art of the State

Geoff McDonnell

last month

My Insight

Emily Colby

Final

Akshat Bansal

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

Geoff McDonnell

3

Farming_small vs large

Paul

Shared Team Narrative Diagram

Justin

12

lab 13 Social and economic

Finn Allred

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

Michael Sunjaya Jurenang

Simulation of MTBF with controls

F(t) = 1 - e ^ -λt

Where

• F(t) is the probability of failure

• λ is the failure rate in 1/time unit (1/h, for example)

• t is the observed service life (h, for example)

The inverse curve is the trust time
On the right the increase in failures brings its inverse which is loss of trust and move into suspicion and lack of confidence.
This can be seen in strategic social applications with those who put economy before providing the priorities of the basic living infrastructures for all.

This applies to policies and strategic decisions as well as physical equipment.
A) Equipment wears out through friction and preventive maintenance can increase the useful lifetime,
B) Policies/working practices/guidelines have to be updated to reflect changes in the external environment and eventually be replaced when for instance a population rises too large (constitutional changes are required to keep pace with evolution, e.g. the concepts of the ancient Greeks, 3000 years ago, who based their thoughts on a small population cannot be applied in 2013 except where populations can be contained into productive working communities with balanced profit and loss centers to ensure sustainability)

Early Life

If we follow the slope from the leftmost start to where it begins to flatten out this can be considered the first period. The first period is characterized by a decreasing failure rate. It is what occurs during the “early life” of a population of units. The weaker units fail leaving a population that is more rigorous.

Useful Life

The next period is the flat bottom portion of the graph. It is called the “useful life” period. Failures occur more in a random sequence during this time. It is difficult to predict which failure mode will occur, but the rate of failures is predictable. Notice the constant slope.

Wearout

The third period begins at the point where the slope begins to increase and extends to the rightmost end of the graph. This is what happens when units become old and begin to fail at an increasing rate. It is called the “wearout” period.

BATHTUB MEAN TIME BETWEEN FAILURE (MTBF) RISK

Guy Lakeman

8

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

Hanns-Jürgen Hodann