The Covid-19 pandemic has introduced a variety of novel and intense difficulties, from dealing with the production network for individual defensive gear (PPE) to changing labor force ability to adapting to monetary misfortune. Amidst these difficulties lies a chance for medical services pioneers to more readily position and change their associations for an eventual fate of unusual amazement. To oversee limit, monetary misfortune, and care overhaul, medical services associations have settled on the basic choice to deliver or lessen labor force or to move numerous representatives to far off work, incorporating clinicians working with telehealth advances. (www.catalyst.nejm.org)

Reference:

Begun, J.W. PhD, Jiang, J.H, PhD,. (2020, October 9). NEJM Catalyst/Innovations in Care Delivery. Health Care Management During Covid-19: Insights from Complexity Science. Retrieved from https://catalyst.nejm.org/doi/full/10.1056/CAT.20.0505

The decrease of both infection rate and economic growth are all influenced by the Government Health Policy simultaneously. The Government Health Policy is only triggered when there are 10 cases reported. However, the increase in reporting COVID-19 cases affects economic growth negatively. 

Memodelkan persebaran pandemik covid-19 menggunakan insightmaker

Dosen pembimbing : Dr-Ing Ir. Setyo Nugroho

Spring, 2020: in the midst of on-line courses, due to the pandemic of Covid-19.

With the onset of the Covid-19 coronavirus crisis, we focus on SIRD models, which might realistically model the course of the disease.

We start with an SIR model, such as that featured in the MAA model featured in

Without mortality, with time measured in days, with infection rate 1/2, recovery rate 1/3, and initial infectious population I_0=1.27x10-4, we reproduce their figure

With a death rate of .005 (one two-hundredth of the infected per day), an infectivity rate of 0.5, and a recovery rate of .145 or so (takes about a week to recover), we get some pretty significant losses -- about 3.2% of the total population.

Resources:

This model aims to show that how the Tasmania government's COVID-19 policy can address the spread of the pandemic and in what way these policies can damage the economy.

Govt policy reduces infection and economic growth in the same way.

Govt policy is trigger when reported COVID-19 case are 10 or less.

A greater number of COVID-19 cases has a negative effect on the economy.  This is due to economic signalling that all is not well.

Higher testing rates seem to trigger more rapid government intervention, which reduces infectious cases.  The impact on the economy though of higher detected cases though is negative. 

This model bases on the SIR model aims to indicate the relationship between the lockdown policy of the government for combating with COVID-19 and the economic activity in Burnie Tasmania during the pandemic. 

This model assumes that more COVID-19 cases will lead to the more serious lockdown policy of the local government, which indirectly affect the economic activities and economic growth. The primary reason is that the lockdown policy force people to stay at home and reduce the chance to work and consume.

The simulation trend of the model is that the economy will keep a steady increase when the serious government policy reduces the COVID-19 spreading speed rate.