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ECONOMIC GROWTH feeds on itself, provided the growth engine is fed with materials and finance. In this highly simplified representation  some of the factors that influence economic growth are show in the incircled green fields. Governments can influence economic growth positively via investments  and payouts. The most obvious tool which governments can use to slow an overheated economy is taxation.

Economic Growth Engine
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Model based on chapter 10 (opportunity cost) of the book Modeling Dynamic Economic Systems
Opportunity cost I
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From Jennifer Prah Ruger (2010) Health Capability Conceptualization and Operationalization Am J Public Health 100 p41-49 available from SSRN. Extends Insight 779 with Dahlgren and Whitehead's Sunrise Diagram of Social Determinants of Health added. See also wikipedia Capability Approach
Health Capability and Social Determinants
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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Final Project w/ socio-economic
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Taken from Saeed, Khalid. ‘Limits to Growth Concepts in Classical Economics’. In Feedback Economics: Economic Modeling with System Dynamics, edited by Robert Y. Cavana, Brian C. Dangerfield, Oleg V. Pavlov, Michael J. Radzicki, and I. David Wheat, 217–46. Cham: Springer International Publishing, 2021. https://doi.org/10.1007/978-3-030-67190-7_9.

Note that I haven't been able to reproduce the reported results!
Marxian economic growth
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WIP Social determinants of health from Michael Marmot's  ABC 2016 Boyer Lectures on Social Justice and the Health Gap See US Data website for data and AIHW website for concepts. See also IM-83417 Marmot Essay 2017
Social Justice and the Health Gap
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This model shows the operation of a simple economy with two modifications made to Model 2 -- 1) feedback from production rate to consumption rate and 2) the use of a fractional rate input for calculating consumption rate. 

In summary, lower fractional rates of consumption (based on production) result in higher levels of Savings.
Simple Economy: Model 3
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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
History of Economic Thought
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Economic capital growth model, Figure 27 from Thinking in Systems by Donella H. Meadows
Economic Capital Growth
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• This model examines how sustainable consumerism is from social, economic, and environmental aspects.  

The environmental, social, and economic sustainability aspects of consumerism
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Economic growth cannot go on forever, although politicians and most economist seem to think so. The activity involved in economic growth necessarily  generates entropy (disorder and environmental degradation). Entorpy in turn generates powerful negative feedback loops which will, as a response from nature, ensure that economic activity will eventually grind to a complete halt.  In these circumstances organised society cannot persist and will collapse. The negative feedback loops shown in this graph have already started to operate. The longer economic growth continues unabated, the more powerful these negative feedback loops will become. How long can economic growth continue before it is overwhelmed? It may not be very far in the future.

Entropy and Negative Feedback may stop Growth soon
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Government and economic systems, and their effect on climate change
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Healthcare Economic System
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This model shows the operation of a simple economy. It demonstrates the effect of changes in the fractional rate of consumption (or the converse the fractional rate of saving.)

In summary, lower rates of consumption (based on production) result in higher rates of production and consumption in the long-run.
Simple Economy: Model 8
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Using the reading assignment from El-Taliawi and Hartley on using a SSM for COVID-19 follow the steps for SSM to include: 1) Describe the Problem (unstructured). 2) Develop a Root Definition for the COVID-19 problem space by identifying the three elements: what, how, why. A System to do X, by (means of) Y, in order to achieve Z. X - What the system does Y - How it does it Z - Why is it being done (see slide 33 in the Systems Thinking Workshop reading)Download Systems Thinking Workshop reading) 3) Identify the Perspectives (CATWOE) 4) Develop a basic Systemigram / Rich Picture to tell the story. Submit your assignment as a Word document or PDF that addresses #1-4.
1) Problem Situation (Unstructured)

The COVID‑19 pandemic represents a complex, ill‑structured problem characterized by uncertainty, rapidly changing conditions, and conflicting stakeholder perspectives. As El‑Taliawi and Hartley emphasize, COVID‑19 is not merely a biomedical crisis but a socio‑technical system failure involving public health, governance, economics, social behavior, and global interdependence. There was no single agreed‑upon definition of “the problem.” For some actors, the problem was viral transmission and mortality; for others, it was economic collapse, civil liberties, misinformation, or institutional trust.

Key features of the unstructured problem include:

  • High uncertainty about the virus’s behavior, transmission, and long‑term effects.

  • Multiple stakeholders with competing values and priorities (health vs. economy, freedom vs. safety).

  • Nonlinear dynamics, where interventions (lockdowns, travel bans, vaccination campaigns) produced unintended consequences.

  • Fragmented governance, with responses varying across nations, states, and institutions.

  • Information overload and misinformation, complicating sense‑making and public compliance.

This ambiguity and plurality make COVID‑19 unsuitable for purely “hard” systems approaches and well suited for Soft Systems Methodology (SSM), which focuses on learning, interpretation, and accommodation rather than optimization.

2) Root Definition (What–How–Why)

A system to coordinate societal responses to the COVID‑19 pandemic (X), by integrating public health expertise, policy decision‑making, communication, and stakeholder engagement under conditions of uncertainty (Y), in order to reduce harm to human life and societal functioning while maintaining legitimacy, trust, and resilience (Z).

  • What (X) — Coordinating societal responses to COVID‑19.

  • How (Y) — Through adaptive governance, expert input, communication, and stakeholder engagement.

  • Why (Z) — To minimize health, social, and economic harm while sustaining trust and resilience.

This root definition reflects SSM’s emphasis on purposeful human activity systems, not technical control systems.

3) Perspectives (CATWOE Analysis)
  • Customers — General public, vulnerable populations, healthcare workers, businesses, future generations affected by long‑term consequences.

  • Actors — Governments, public health agencies (e.g., WHO, CDC), healthcare providers, scientists, media organizations, community leaders.

  • Transformation — A society facing uncontrolled viral spread and systemic disruption is transformed into one that manages risk, adapts behavior, and mitigates impacts.

  • Worldview (Weltanschauung) — COVID‑19 is a complex, evolving crisis requiring learning, adaptation, and pluralistic decision‑making rather than linear control.

  • Owners — National governments, international bodies, and political authorities with the power to authorize or terminate interventions.

  • Environmental Constraints — Scientific uncertainty, political polarization, economic limitations, cultural norms, global interdependence, time pressure.

CATWOE highlights how different worldviews lead to different “valid” problem definitions, reinforcing the need for SSM.

4) Systemigram / Rich Picture (Narrative Description)

The rich picture would depict COVID‑19 at the center as a disruptive force interacting with multiple subsystems. Public health institutions generate evolving scientific knowledge, feeding into government decision‑making. Governments issue policies (lockdowns, mandates, economic relief), which influence public behavior. Public response is shaped by trust, media narratives, misinformation, and social norms. Economic systems react to restrictions, feeding back political pressure on leaders. Healthcare systems experience strain, influencing policy urgency and public fear.

Feedback loops dominate the picture:

  • Policy decisions affect public behavior, which affects transmission rates.

  • Media narratives influence trust, which affects compliance.

  • Economic impacts influence political decisions, sometimes undermining health goals.

The systemigram emphasizes learning loops, delays, conflicts, and unintended consequences rather than linear cause‑effect chains.

If you want, I can translate this directly into a Word‑ready format, tighten it to a specific page limit, or sketch a labeled rich‑picture layout you can redraw by hand or digitally for submission.

translate this directly into a Word‑ready format 5 pages and sketch a labeled rich‑picture layout you can redraw by hand or digitally for submission.
Soft Systems Methodology (SSM) Analysis of the COVID‑19 Pandemic

Based on El‑Taliawi and Hartley

Introduction

The COVID‑19 pandemic represents one of the most complex global crises of the modern era. Traditional “hard” systems approaches, which assume clearly defined problems and measurable objectives, proved insufficient for addressing the pandemic’s intertwined health, social, political, and economic dimensions. El‑Taliawi and Hartley argue that COVID‑19 is best understood as a messy, ill‑structured problem situation, making it well suited for analysis using Soft Systems Methodology (SSM).

SSM does not attempt to “solve” the problem in a technical sense. Instead, it provides a structured learning process to explore multiple perspectives, clarify assumptions, and identify purposeful human activity systems that can improve the situation. This document follows the core SSM steps required in the assignment: (1) describing the unstructured problem, (2) developing a root definition, (3) identifying perspectives using CATWOE, and (4) developing a systemigram / rich picture narrative.

1. Description of the Problem Situation (Unstructured)

The COVID‑19 pandemic emerged rapidly and evolved unpredictably, creating a situation characterized by ambiguity, disagreement, and uncertainty. At the outset, there was no shared understanding of the nature or scale of the threat. Scientific knowledge about transmission, severity, and long‑term effects developed incrementally, often changing public guidance and policy decisions. This uncertainty undermined confidence and complicated coordinated action.

The problem situation extended far beyond public health. Governments faced competing pressures to protect lives, preserve economic stability, and maintain civil liberties. Healthcare systems experienced surges in demand, shortages of personnel and equipment, and moral distress among frontline workers. Businesses and workers faced closures, unemployment, and financial insecurity. Social isolation measures disrupted education, mental health, and community cohesion.

Multiple stakeholders framed the “problem” differently. For public health officials, the primary concern was reducing transmission and mortality. For political leaders, the challenge included maintaining legitimacy and public compliance. For citizens, the problem often centered on personal risk, economic survival, and trust in institutions. Media organizations and social platforms amplified both accurate information and misinformation, shaping public perception and behavior.

Covid-19 HW
2 months ago
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This Insight Maker model illustrates the complex relationships involved in the destruction of rainforests. The reinforcing loop emphasizes the destructive cycle where economic development leads to increased deforestation, while the balancing loop highlights the negative consequences on biodiversity, climate, and economic activities, attempting to counteract the destructive forces. The model serves as a simplified representation to better understand the interconnected factors contributing to rainforest destruction and the importance of considering feedback loops in addressing environmental issues.
Destruction of Rainforests
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Collapse of the economy, not just recession, is now very likely. To give just one possible cause, in the U.S. the fracking industry is in deep trouble. It is not only that most fracking companies have never achieved a free cash flow (made a profit) since the fracking boom started in 2008, but that  an already very weak  and unprofitable oil industry cannot cope with extremely low oil prices. The result will be the imminent collapse of the industry. However, when the fracking industry collapses in the US, so will the American economy – and by extension, probably, the rest of the world economy. To grasp a second and far more serious threat it is vital to understand the phenomenon of ‘Global Dimming’. Industrial activity not only produces greenhouse gases, but emits also sulphur dioxide which converts to reflective sulphate aerosols in the atmosphere. Sulphate aerosols act like little mirrors that reflect sunlight back into space, cooling the atmosphere. But when economic activity stops, these aerosols (unlike carbon dioxide) drop out of the atmosphere, adding perhaps as much as 1° C to global average temperatures. This can happen in a very short period time, and when it does mankind will be bereft of any means to mitigate the furious onslaught of an out-of-control and merciless climate. The data and the unrelenting dynamic of the viral pandemic paint bleak picture.  As events unfold in the next few months,  we may discover that it is too late to act,  that our reign on this planet has, indeed,  come to an abrupt end?  
Covid 19 - irreversible and catastrophic consequences
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A simple implementation of a Dynamic ISLM model as proposed by Blanchard (1981), and taken from An introduction to economic Dynamics - Shone (1997) - chapter 5. This model might serve as a framework to evaluate economic policies over GDP growth.
Dynamic ISLM Model
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A clone of the 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: http://www.jstor.org/stable/10.2307/4538470.

This model requires development and testing. Please contact the author if you are able to help.

Minsky Financial Instability Model
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WIP SD REpresentation of Steve Keen's BOMD Minsky model (described in Fig.5 of his patreon Jan2021 Draft New Economics Manifesto) to hope to make the causal structure clearer
Keen Bank Originated Money and Private Debt
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Simple tragedy ​of the commons behavior model.
Common Resources
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Challenge p.212 Business Dynamics, Sterman
Oil Shortage 1979 Iran Revolution
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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.

2014 Weather & Climate Extreme Loss of Arable Land and Ocean Fertility - The World3+ Model: Forecaster
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Implementation of the Solow model of economic growth with labor enhancing technology.

parameters: s, alpha, delta, n, gA
variables: Y. K, L, C, A
per capita variables: y, k, c, a
per capita and technology variables: y~, k~, c~
steady state variables: y~*, k~*, c~*
all variables come with relative growth rates g

Features:

+steady state from beginning
+one time labor shock
+permanent savings quote shock
+permanent technological growth rate shock

Decreasing steady state variables when starting in steady state are numeric artifacts.
Solow growth model v1.0