Simpler view
IM-70351 combined with Economic View
IM-69774 in preparation for integrating with Prevention Investment Framework
(private) IMReworked at Multiscale simpler view IM
Integrating Simple and Economic Views of Prevention
Book Fig. 42-43 Economic capital with its reinforcing growth loop constrained by a renewable resource.
Wealth can be seen as the factories,
infrastructure, goods and services the population of a nation dispose of. According
to Tim Garrett, a scientist who looks at
the economy from the perspective of physics, it is existing wealth that generates
economic activity and growth. This growth demands the use of energy as no
activity can take place without its use. He also points out that the use of this
energy unavoidably leads to concentrations of CO2 in the
atmosphere. All this, Tim Garrett says, follows from the second law of thermodynamics.
If wealth decreases then so does economic activity and growth. The CLD tries to illustrate how wealth,
ironically, now generates the conditions and feedback loops that may cause it to decline. The consequences are inevitably economic stagnation (or secular recession?).
You can
read about the connection Tim Garrett makes between 'Wealth, Economic Growth,
Energy and CO2 Emissions' simply by
Googling 'Tim Garrett and Economy'.
ECONOMIC GROWTH WILL MAKE EVERYTHING WORSE
Cornerstore Economic Model
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
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Final Project 1 W/ Socio-Economic Factors
SImplified causal loop diagram of The
system dynamics approach for a global evolutionary analysis of sustainable
development 2024 article on the Earth4All model
Global sustainable development
• This model examines how sustainable consumerism is from social, economic, and environmental aspects.
The environmental, social, and economic sustainability aspects of consumerism
Economic capital growth model, Figure 27 from Thinking in Systems by Donella H. Meadows
Economic Capital Growth
WIP Overview model structures of Khalid Saeed's 2014 WPI paper Jay
Forrester’s Disruptive Models of Economic Behavior See also General SD and Macroeconomics CLDs IM-168865
Jay Forrester's Disruptive Economic Models
This high-level
simulation model presented by Jay Forrester in his book World Dynamics, simulates
socio-economic-environmental world system. The world Model was created in a
time where pollution and other negative effects of industrialization and
economic growth started to become recognized in 1970. For this exam purpose, we have
rebuilt the model to do some experiments and analyze the results.
World Model1
Economic capital (Fig. 37)
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Final Project with KAYA Q1
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
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Final Project w/ socio-economic
Circular equations WIP for Runy.
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
Circularity in Economic models including Exports and Imports
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
Circular equations WIP for Runy.
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
Circularity in Economic models 2
Simple mock-up model of how prioritizing various push-pull factors impacts the size of the immigrant population over time as well as economic benefits to the U.S. economy.
Immigrant Populations and Policy Implications
Overview of Part F Ch 25 and 26 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Economic Instability
Healthcare Economic System
This model aims to show that how Tasmania government's Covid-19 policy can address the spread of the pandemic and in what way these policy can damage the economy.
This model assumes that if the COVID-19 cases are more than 10, the government will take action such as quarantine and lockdown at the area. These policy can indirectly affect the local economy in many different way. At the same time, strict policy may be essential for combating Covid-19.
From the simulation of the model, we can clearly see that the economy of Burine will be steady increase when government successfully reduces the COVID-19 cased and make it spreading slower.
Interesting finding: In this pandemic, the testing rate and the recovery rate are important to stop Covid-19 spreading. Once the cases of Covid-19 less than 10, the government might stop intervention and the economy of Burnie will back to normal.
Model of Covid-19 outbreaks at Burnie (Yingchao Yang,503757)
