This model also shows the operation of a simple economy. It differs from Model 1 primarily in the representation of all goods in the economy by units of measure of a higher level of abstraction. Thus, the same model can represent economies at different levels.  The simulation demonstrates how differ
This model also shows the operation of a simple economy. It differs from Model 1 primarily in the representation of all goods in the economy by units of measure of a higher level of abstraction. Thus, the same model can represent economies at different levels.

The simulation demonstrates how differing rates of consumption affect Savings.
 The term 'work' has been  used in this model in the sense of economic activity to include not only
work done by people but also by machines. The model shows 8 positive
feedback loops that reinforce work and the need to work. From the perspective of physics, civilisation can be described as a MECHAN

The term 'work' has been  used in this model in the sense of economic activity to include not only work done by people but also by machines. The model shows 8 positive feedback loops that reinforce work and the need to work. From the perspective of physics, civilisation can be described as a MECHANISM FOR USING ENERGY AND DOING WORK.  

Work, however, has some unavoidable consequences. The second law of thermodynamics tells us that any ‘work’ requires the use of energy and that DOING WORK entails the generation of WASTE HEAT. The laws of physics also tell us that CO2 emissions from burning fossil fuels will cause global warming. These unintended and unavoidable consequences are highlighted in the model by prominent arrows.

Can the structure of this system be changed to avoid a foreseeable collapse of civilisation?

 Modern industrial civilisation has created massive
interdependencies which define it and without which it could not function. We all
depend on industrial farming to produce the food we eat, we depend on gasoline
being available at the gas station,  on the
availability of electricity and even on the

Modern industrial civilisation has created massive interdependencies which define it and without which it could not function. We all depend on industrial farming to produce the food we eat, we depend on gasoline being available at the gas station,  on the availability of electricity and even on the bread supplied by the local baker. Naturally, we tend to support the institutions that supply the amenities and goods to which we have become accustomed: if we get our food from the local supermarket, it is likely that we would be opposed to it’s closure. This means that the economic system that relies on continuous growth enjoys implicit societal support and that nothing short of environmental disaster or a shortage of essential raw materials will impede it’s growing indefinitely. It is not hard to work out the consequences of this situation!

WIP based mostly on Jan
Toporowski  2013 vol 1  and  2018 vol 2  books on Michal Kalecki: An Intellectual Biography   Layout Consistent with  David Wheat MacroEconomic model CLD Insight  by Gene Bellinger  
WIP based mostly on Jan Toporowski 2013 vol 1 and 2018 vol 2 books on Michal Kalecki: An Intellectual Biography  
Layout Consistent with David Wheat MacroEconomic model CLD Insight by Gene Bellinger  
WIP SD representation of Ch11 of their 2007 Monetary Economics book, as suggested by Adam K. Plan is to do a top down simple money flow SFC mmt model and successively split sectors. See also  essence of MMT IM  and  simpler version Ch3 IM
WIP SD representation of Ch11 of their 2007 Monetary Economics book, as suggested by Adam K. Plan is to do a top down simple money flow SFC mmt model and successively split sectors. See also essence of MMT IM and simpler version Ch3 IM
 The World3 model is a detailed simulation of human population growth from 1900 into the future. It includes many environmental and demographic factors. THIS MODEL BY GUY LAKEMAN, FROM METRICS OBTAINED USING A MORE COMPREHENSIVE VENSIM SOFTWARE MODEL, SHOWS CURRENT CONDITIONS CREATED BY THE LATEST W

The World3 model is a detailed simulation of human population growth from 1900 into the future. It includes many environmental and demographic factors.

THIS MODEL BY GUY LAKEMAN, FROM METRICS OBTAINED USING A MORE COMPREHENSIVE VENSIM SOFTWARE MODEL, SHOWS CURRENT CONDITIONS CREATED BY THE LATEST WEATHER EXTREMES AND LOSS OF ARABLE LAND BY THE  ALBEDO EFECT MELTING THE POLAR CAPS TOGETHER WITH NORTHERN JETSTREAM SHIFT NORTHWARDS, AND A NECESSITY TO ACT BEFORE THERE IS HUGE SUFFERING.
BY SETTING THE NEW ECOLOGICAL POLICIES TO 2015 WE CAN SEE THAT SOME POPULATIONS CAN BE SAVED BUT CITIES WILL SUFFER MOST. 
CURRENT MARKET SATURATION PLATEAU OF SOLID PRODUCTS AND BEHAVIORAL SINK FACTORS ARE ALSO ADDED

Use the sliders to experiment with the initial amount of non-renewable resources to see how these affect the simulation. Does increasing the amount of non-renewable resources (which could occur through the development of better exploration technologies) improve our future? Also, experiment with the start date of a low birth-rate, environmentally focused policy.

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 s
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.

version 1.9
4 3 months ago
The model is built to demonstrates how Burnie Tasmania can deal with a new COVID-19 outbreaks, taking government policies and economic effects into account. The susceptible people are the local Burnie residents. If residents were infected, they would either recovered or dead. However, even they do r
The model is built to demonstrates how Burnie Tasmania can deal with a new COVID-19 outbreaks, taking government policies and economic effects into account.
The susceptible people are the local Burnie residents. If residents were infected, they would either recovered or dead. However, even they do recover, there is a chance that they will get infected again if immunity loss occurs.
From the simulation result we can see that with the implementation of local government policies including travel ban and social distancing,  the number of infected people will decrease. The number of recovered people will increase in the first 5 weeks but then experience a decrease.
In addition, with the implementation of local government policy, the economic environment in Burnie will be relatively stable when the number of COVID-19 cases is stable.
 
 
 A Tragedy of the Commons situation exists whenever two or more activities, each, which in order to produce results, rely on a shared limited resource. Results for these activities continue to develop as long as their use of the limited resource doesn't exceed the resource limit. Once this limit

A Tragedy of the Commons situation exists whenever two or more activities, each, which in order to produce results, rely on a shared limited resource. Results for these activities continue to develop as long as their use of the limited resource doesn't exceed the resource limit. Once this limit is reached the results produced by each activity are limited to the level at which the resource is replenished. As an example, consider multiple departments with an organization using IT resources, until they've exhausted IT capacity.

Estruturas dev  miniempresa  e  balanco de massa de calculadora de consumo paaso1 um de  projeto de sintese   de  fluxogramas  visando sintese  Gestao de viabilidade  tecnologicas via  diversos fluxogramasde blocos  ,procesos , Analise  de  fluxo materials  de  sistemas  miniempresa  industrial
Estruturas dev  miniempresa  e  balanco de massa de calculadora de consumo paaso1 um de  projeto de sintese   de  fluxogramas  visando sintese  Gestao de viabilidade  tecnologicas via  diversos fluxogramasde blocos  ,procesos , Analise  de  fluxo materials  de  sistemas  miniempresa  industrial

Matches' 275 Equipment Cost Estimates.
www.matche.com/equipcost/Default.html
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Matches provides 275 process equipment conceptual capital costs estimates.
Equipment Costs for Plant Design and Economics for Chemical ...
www.mhhe.com/engcs/chemical/peters/data/
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Instructions for file “EQUIPMENT COSTS” accompanying Plant Design and Economics for Chemical ... When entries are complete, CLICK on CALCULATE.
Plant Design and Economics for Chemical Engineers | Cost Estimator
highered.mheducation.com/sites/.../student.../cost_estimator.html
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McGraw-Hill Online, Learning Center. Student Center | Instructor Center | Information Center | Home ...Cost Estimator. Please click here to use the Cost Estimator.
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Summary of Ch 27 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview See  IM-169093  for added dynamic evolutionary economics history
Summary of Ch 27 of Mitchell Wray and Watts Textbook see IM-164967 for book overview See IM-169093 for added dynamic evolutionary economics history