This model simulates the economics of buying a home. It was created to compare buying a home against using investment returns to pay for rent. According to Micheal Finke, house prices typically run 20x monthly rental rates.
Try cloning this insight, setting the parameter values for real-world scenarios, and then running sensitivity analysis (see tools) to determine the likely wealth outcomes. Compare buying a home to renting. Note that each run will keep the parameters the same while simulating market volatility.
The model here shows the COVID-19 outbreaks in Burnie Tasmania, which has impacted in the local economy. the relationship between COVID-19 and economic situation has been shown in the graph. Based on the susceptible analysis, people who usual go out are might have chance to meet susceptible people and have a high rate to be infected. The period of spreading can be controlled by keeping social distance and Government lockdown policy.
Susceptible can be exposed by go out. resident has a possibility to infect and be infected by others. people who might be die due to the lack of immunity. and others would recover and get the immune.
Beside, the economy situation is proportionate to the recovery rate. If there are more recovery rate from the pandemic, the employment rate will be increased and the economy situation will recover as well.
This page provides a structural analysis of POTUS Candidate Jim Webb. 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 Webb POTUS candidate economic policy
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
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
A single resource is used with a constant rate and converted into products in use. After a while, these products become unusable because of aging. The recycling of these unusable products is imperfect, thus the amount of not recyclable resource grows (until a better recycling process is invented).
A candidate for global adoption in a shared commons model.
A party includes the following types:
A living individual
A living organization
A living enterprise
A living individual would be part of a cooperative in this context the living organization and enterprise relationships are "true".
A stock and flow model which can be copied and local variables applied to aid in economic or community development.
Students are encouraged to start a business or support local economic development in experience based projects.
Students are rewarded in an alternative commerce model through an international cooperative model.
Goal "re-use party records" as an audit requirement from a shared store (global commons candidate) which provides the due diligence required for General Accounting Accepted Practices.
Party Management Systems are closed in the sense of living individuals, organizations and enterprises. The party defines the vector specifics and variables must derive their transactions from the party master record "as is" sourced from the system of record (store) in a service.
Issue: The prescribed use of a party management system intends to reduce the cyber-security threats of a breach systematically.
Measurable outcomes: Reduction of party data collected and stored in living organizations or living enterprises.
from a shared data store, in doing so the segregation of duties component related to management of master records and tables are
If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings. We don't show the details of the central bank buying bonds here, just the net results.
See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.
Este modelo es una copia de "Goodwin Business Cycle". Quité al menos una variable y aproximé la relación discreta entre el nivel de empleo y el crecimiento anual del salario con una función basada en la tangente hiperbólica.
This model attempts to illustrate a Strong Towns' perspective of municipal financing of our communities based on a development Growth Ponzi Scheme. http://www.strongtowns.org/the-growth-ponzi-scheme/
The communal economic investment by the community to help generate future economic prosperity and improve the community's quality of life.
If the community generates greater economic prosperity as a result of the Near Term Cash either directly through increased Municipal Revenue or indirectly through the enhancement of Community Wealth Generators and Place Making improvements within the community then it is a desirable investment.
If, however, it leads to ever increasing debt and the chasing of outside investments with the community as the means of collateral then it is a Growth Ponzi Scheme and the community needs to create some new paradigms to find a different path.
