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WIP Summary of Mariana Mazzucato's 2018 book See also IM-901 MacroEc
The Value of Everything
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Influence Diagram - CRD Biosolids (v1)
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Shared Team Narrative Diagram
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WIP Based on Steve Keen's Inaugural Kingston Lecture Youtube video slides models and data all at his blog
Is Capitalism Doomed to Crises
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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
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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
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WIP Dynamic map from Steve Keen's Minsky at 100 Lecture video and slides and later Emergent Macroeconomics papers
Minsky Instability from Macrodefinitions Keen
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ESI6550 Group 6 (Model 2)
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Aaron Smith Model / Simulation of the UK Air Transport System for : Modelling, Simulation and Visualisation. ELP076
Air Transport System Model
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Farming_small vs large
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Economic Effect
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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
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Summary of UNEP ecosystems services CBA 2011 article by Wegner and Pascual
Value and cost benefit analysis
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Template to start Assignment 1.  Click "Clone Insight" above to make a copy for yourself.
ISCI 360 Assignment 1
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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
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A possible "Rule" element to represent the relationship between the rate of illegal immigration into the United States and identifiable key variable factors could be:

"If the levels of identifiable key variable factors such as economic opportunity, political stability, and security in countries of origin and the effectiveness of border security measures and immigration policies in the United States are favorable, then the rate of illegal immigration into the United States is likely to be lower. Conversely, if these key variable factors are unfavorable, then the rate of illegal immigration into the United States is likely to be higher."

This rule suggests that the rate of illegal immigration into the United States is influenced by a combination of push factors in countries of origin and pull factors in the United States, such as economic opportunity, political stability, security, and the effectiveness of border security measures and immigration policies. By considering these key factors, policymakers can develop more effective strategies to manage and reduce the rate of illegal immigration into the United States.

Number of illegal immigrants in US Model
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This model indicate indicates the modeling COVID-19 outbreaks and responses from government policies with the effect on the local economy. Model was occurred at Burnie, Tasmania. The model mainly contains three parts: COVID-19 pandemic outbreak, four differences government policies and what the impact on economy from those policies.

 

Assumptions:

(1) Various variables influence the model, which can result in varied outcomes. The following values are based on an estimate and may differ from actual values. Government initiatives are focused at reducing Covid-19 infections and, as a result, affecting (both positive and negative) economic growth.

 

(2) 42% of infected people will recovery. 10% of people who are infected will die and the rate relatively higher due to the much old people living in Burnie, Tasmania.

78% of cases get tested.

 

(3) Government policy will only be implemented when there are ten or more recorded cases. Four government policies have had influences on infection.  

 

(4) The rising number of instances will have a negative impact on Burnie's economic growth.

 

Insights:

1. As a result of the government's covid 19 rules, fewer people will be vulnerable. Less people going to be susceptible.

 

2. After the government policy intervention, there is a effectively reduce of infected people.

 

3. Overall, there is no big differences of economic performance from the graph, might due to the positive and negative effect of economy. And after two weeks, the economy maintained a level of development without much decline.

BMA708 Yanglin Hu
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Social pressures create {Youth Alienation}, leading to youth developing bad behaviours and committing crimes. This attracts {Police Enforcement} who will, in turn, engage the {Community Leadership} where they introduce programs that are designed to assist youth to prevent re-offending through the development of {Community Clubs}, which then contributes to {Community Development}.

{Police Enforcement} collaborates with {Educational Institutions} to boost retention, which translates to socio-economic progress through {Community Development}. On the other hand, criminals are detained and put through the {Court} system, where the offenders are removed from the community through {Imprisonment}. This results in a stable and safe environment, which aid support for {Community Development).

The role of {Community Leadership} in the system, particularly at the grassroots will result is huge savings in the economy, aiding economic growth. The {Community Leadership} collaborates with the {Employment & Justice Agencies}, translating into socio-economic progress {Community Development}

The Community Development Model

This model provides an understanding into the relationships and links between a range of variable units and fixed units, and how {Community Development} is supported.

As {Youth Alienation} rate increases,  the {Crime} rate increases (both variables) demands police enforcement. {Police Enforcement} is a fixed variable as increase in police force is fixed over a period of time. 

To increase efficiency, engages or collaborate with:

•{Community Leadership} (fixed and variable) – is fixed for a certain period, and becomes variable as youth criminal activities increases

•{Court} (variable) – as youth criminal activities increase, the court resources reman fixed. It then removes some offenders from the community and imprison them, creating peace and stability in the community 

•{Educational Institutions} (variables) – as student retention increases, more institutions are needed.  

Variables that are linked to the {Community Leadership} which include;
•{Youth Sports Clubs}
•{Employment & Justice Agencies}
•{Economic Preservation; and}
•{Educational Institutions}

Contribute/support {Community Development}. These are variables, as more youths are referred or engaged.

The {Community Leadership} and {Police Enforcement} collaborate, support and design community programs to reduce youth criminal activities, which could potentially reduce the justice system expenditure.

The relationship between these fixed and variable units create a sustainable Community Development.

The Community Development Model
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State Goverment Fiscal Policy model
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From a March 2016 blog entry by Ari Andricopoulos
The economy simply explained
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A restatement of the ISDC Nijmegen 2006 paper Exploring the Political and Economic Dimensions of Health Policy This may benefit from simplification and using cultural theory. See IM-57161 for extension
Political Economy of Health Services