The sample model demonstrate the COVID-19 outbreak in Burnie, Tasmania appearing how the government reacts by executing important health approaches and the impacts on the economy of the region

The economic growth rate is subordinate on the extent of the populace who can be exposed. The number of COVID-19 cases adversely impacts the economy. The government arrangement is activated when the COVID-19 cases are 10 or above

1. There is a positive relationship between exposure to COVID- 19 and economic growth rate. Since the more individuals go out, the more trade activity takes place and that ultimately results economic growth

2. Expanding the testing rate results

- Higher cases being recognized

- Strict  government intervention

- Less deaths

This model simulates how COVID-19 outbreak in Burnie and how the government responses influence the economic community.  Government responses are based on the reported COVID-19 cases amount, whcih is considered to be based on testing rate times number of people who are infected minus those recovered from COVID-19 and dead.

Government interventions include the implement of healthy policy, border surveillance, quarantine and travel restriction. After outbreak, economic activities are positively affected by the ecommerce channel development and normal economic grwoth, while the unemployement rate unfortunately increases as well. 

An increase in vaccination rate will make difference on reduing the infection. People who get vaccinated are seen to have higher immunity index to fight with COVID-19. Further research is needed.

Testing rate is considered as critical issue to reflect the necessity of government intervention. Higher testing rate seems to boost immediate intervention. Reinforced policies can then reduce the spread of coronvirus but absoluately have negative impacts on economy too.

The simulation also aims at predicting for how much more period of time the virus will persist, how many people could recover at what kind of rate and also about the virus toughness dependence based on its excessive speed, giving rise to bigger numbers day-by-day.

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.

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