Find Insights | Insight Maker

Assignment 1- Part 2 Energy Economics and Fossil Fuels

Berberian_Energy Economics and Fossil Fuel

Lori Berberian

3

Test 3

Marco

tbd

Associative Economics - The Farmer, The baker and The Bread Eaters

Joshua Gottdenker

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

Hanns-Jürgen Hodann

3

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

https://docs.google.com/spreadsheets/d/1DIYxae_Cgpa3n53KTMrMdj8pBYCmNeJlVM_CB_xpUi4/edit#gid=9

Matches' 275 Equipment Cost Estimates.

www.matche.com/equipcost/Default.html

Traduzir esta página

Matches provides 275 process equipment conceptual capital costs estimates.

‎Exchanger, Heat · ‎Index of Process Equipment ... · ‎Tank · ‎Vessel

Equipment Costs for Plant Design and Economics for Chemical ...

www.mhhe.com/engcs/chemical/peters/data/

Traduzir esta página

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

Traduzir esta página

McGraw-Hill Online, Learning Center. Student Center | Instructor Center | Information Center | Home ...Cost Estimator. Please click here to use the Cost Estimator.

[PDF]

Passo 1 Projeto de eng de Estruturas empresa ,Balanco de massa e calculadora de consumos

Pagandai V Pannir Selvam

50

INTRODUCTION

This is a balanced loop model that demonstrates how COVID 19 outbreak in Burnie and the response of the government (e.g. by enforcing health policies: Lockdown; quarantine, non-necessary business closure; border closure) affect the local economy. This model has 13 positive loops and seven negative loops. Government response is dependent on the number of reported COVID-19 cases which in turn thought to be dependent on the testing rates less those who recovered from COVID 19 and dead. Economic activity is dependent on the economic growth rate, increased in online shopping, increased in unemployment, number of people who do not obey the rules, COVID 19 cases and health policies.

ASSUMPTIONS

· Both infection and economic growth is reduced by enforcing government policies

· However, the negative effect of government policies is reduced by the number of people who do not obey government health policies

· Govt policies are enforced when the reported COVID-19 case are 10 or greater.

· Number of COVID cases reported is dependent on the testing rates less those who recovered and dead.

· The higher number of COVID-19 cases have a negative effect on local economy. This phenomena is known as negative signalling.

· Government policies have a negative effect on economic activity because health policies limit both social and economic activities which directly or indirectly affect the economy in Burnie .

· This negative effect is somewhat reduced by the increase in online shopping and the number of people who do not obey heath rules.

INTERESTING INSIGHTS

The test ratings seem to play a vital role in controlling COVID-19 outbreak. Higher Rates of COVID testings decrease the number of COVID 19 deaths and number of infected. This is because higher rates of testing accelerate the government involvement (as the government intervention is triggered earlier, 10 COVID cases mark is reached earlier). Delaying the government intervention by reducing the COVID testing rates increases the death rates and number of infected.

Increased testing rates allow the figures (deaths, susceptible, infected) to reach a plateau quickly.

BMA708- Shakila Bethmage- 548351 - COVID 19 Outbreak in Burnie

Shakila Piyumi Perera Bethmage

Butterfly Effect
Sensitivity To Initial Conditions
(sensitive dependence on initial conditions)
Navier Stokes Equations
Lorenz Attractor
Chaos Theory, Disorder and Entropy

Although the butterfly effect may appear to be an esoteric and unlikely behavior, it is exhibited by very simple systems: for example, a ball placed at the crest of a hill may roll into any of several valleys depending on, among other things, slight differences in initial position. Similarly the direction a pencil falls when held on its tip, or an universe during its initial stages.

These attractors apply to social systems and economics showing jumps between potential wells, and showing the strategic scaling behavior of rotating and cyclic systems whether they be social, economic, or complex spin or rotation of planets affecting weather and climate or spin of galaxies or elementary particles, or even a rock on the end of a piece of string.

What Playing with numbers is all about :)

If M is the state space for the map , then displays sensitive dependence to initial conditions if for any x in M and any δ > 0, there are y in M, with such that

Deterministic chaos

gw

3

Map of Geoffrey M Hodgson's 2015 Conceptualizing Capitalism book summary pdf with other ideologies added sept 2021 from new politics website

Capitalism and Ideologies

Geoff McDonnell

3

Causal loop diagram capturing the interactions, trade-offs, and synergies between agriculture (SDG 2), water availability (SDG 6), economic growth (SDG 8), and life on land (SDG 15). Positive feedback linkages are shown as a positive sign (+), whereas negative feedback linkages are shown with a negative sign (−). The purple arrows indicate the enviro-biophysical linkages. The green arrows indicate the socio-economic linkages. The SDG icons are courtesy of the UN SDG communications material.

Reference - Bandari, Reihaneh, et al. "Participatory Modeling for Analyzing Interactions Between High‐Priority Sustainable Development Goals to Promote Local Sustainability." Earth's Future 11.12 (2023): e2023EF003948.

The Story of Interactions of SDGs

Steve Conrad

WIP Ideas from Science Special Issue May 2014

The Science of Inequality

Geoff McDonnell

3

Simplification of Prevention Investment Framework (private) IM See WIP integrating with economic view insight (private) and multiscale version IM private

HYPER Model Overview

Geoff McDonnell

3

Tourism Flow

Robert Luetkemeier

Model

Victor Wong

Tragedy of the Commons Climate Change

Steven Roderick

3

Summary WIP of Thomas Palley's 2012 Book

From Financial Crisis to Stagnation

Geoff McDonnell

This model shows the structure and operation of a simple economy. It can represent economic systems at different levels of abstraction (e.g. a single good, a group of goods, multiple groups, & an "economy.")

This model has one significant difference from Model 4. The fractional consumption rate table serves the purpose of demonstrating the effects of changes in the fractional consumption rate (or the converse the fractional rate of saving) from 100% to less-than 100% to more-than 100%.

It demonstrates dramatically the effects of significant changes in consumption rates.

Simple Economy: Model 5

Jim Berger

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

Geoff McDonnell

3

WIP based on Bill mitchell's blogs.

Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....

MMT Fiscal position

Geoff McDonnell

3

WIP Exttension of IM-172005 Simulation of Goodwin01 Minsky Model. Compare with Part3 slide 5 of presentation in patreon

Goodwin02 Minsky Simulation Keen Economic Dynamics Aug2019

Geoff McDonnell

This simple model is derived from D.H. Meadows, Thinking in Systems chapter 2, figures 27 and 28. It is designed to explain and demonstrate how the economic system is driven by both an amplifying feedback loop (shown in blue) and a stabilizing feedback loop (shown in red).

Project 2: Meadows Economic Capital Model

Stephanie Fogg

State Goverment Fiscal Policy model

Eli Levine

Video Game Economics

Diyar Sautov

The causal loops are presented to transfer values from Economic values in Capitalism to Community values in the new economy

1. Value System Change

Hanbit Jeong

Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.

Original model done for The Perspectives Project though recast into Kumu.

Why Nations Fail

Fanda Bunda