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This simple model describes wealth accumulation. The value in income is described by the following simple equation:

simple wealth accumulation model
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DPSIR Framework to Analyze EcoPeace Middle East's Good Water Neighbours Strategy
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Explanation of the Model

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

Assumptions

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

Interesting Insights

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

BMA708_Assignment3_Md Shihabul Islam_548056
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SSM Lionfish Management
4 days ago
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​Climate Sector Boundary Diagram By Guy Lakeman
 Climate, Weather, Ecology, Economics, Population, Welfare, Energy, Policy, CO2, Carbon Cycle, GHG (green house gasses, combined effects)

As general population is composed of 85% with an education level of a 12 grader or less (a 17 year old), a simple block of components concerning the health of the planet needs to be broken down into simple blocks.
Perhaps this picture will show the basics on which to vote for a sustained healthy future
Democracy is only as good as the ability of the voters to FULLY understand the implications of the policies on which they vote., both context and the various perspectives.   National voting of unqualified voters on specific policy issues is the sign of corrupt manipulation.

Climate Sector Boundary Diagram of Guy Lakeman
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A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy.  Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover

Assumptions
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.

Interesting insights

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




Burnie COVID-19 outbreak demo model version 2
39 8 months ago
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ISCI 360 Project - Stage 2

Our model examines the relationship between two straw types (plastic straws and biodegradable straws) and their impact on the environment and economics. Specifically, we are interested in figuring out whether biodegradable straws are a viable solution to plastic straws

Our model is broken down into three aspects: Social, Environmental and Economic. Color coding is used to differentiate between the different aspects and is explained below:
Turquoise represents the social aspect. 
Purple represents the economic aspects.
Green represents the environmental aspects. 
Blue represents other crucial stocks and flows in the model that do not necessarily fit into the three aspects above. 

In our model, the Canadian population is assumed to increase steadily until a carrying capacity is reached. This can be seen in the graph as the line increases linearly before plateauing indefinitely. We assumed that we will be able to maintain the population at our carrying capacity due to technological advances. 

Social Aspect:
The social aspect refers to the impact that awareness of the detrimental costs of straws can have on the usage of straws. The two flows that contribute to awareness are word of mouth (i.e. your friends and family informing you about the effects of straws and influencing you to stop using them) and media coverage (i.e. the media highlights the effects of straws). Both of these flows are dependent on the Canadian population such that 25% of the Canadian population at any time will be impacted by word of mouth or media coverage. (Side note: since word of mouth and media coverage are dependent on the Canadian population, they will plateau when the population does.) This is an arbitrary number but was chosen to show what a change in perspectives of the Canadian population can do. These flows input into an 'awareness of detrimental effects of using plastic straws' stock that reduces the number of plastic straws being used. 

Plastic Straws
According to data from the United States individuals usually use 1.6 straws everyday and thus, we have assumed that to be true in Canada as well. Plastic straws start at a base value (due to the previous straw usage) and grow with the Canadian population while subtracting the awareness component of the model. 

Environmental Aspect 
Since the decomposition of plastic versus paper is significantly different, the amounts that accumulate in the ocean and landfills can be monitored. In addition, the impact on the environment can be monitored. Since plastic straws take longer to decompose, they have a larger impact on wildlife in the ocean than biodegradable straws. Thus, as the plastic straw usage decreases, the amount of habitat loss occurring plateaus. We have also included the aspect of clean-up in which the plastic from the ocean can be moved to the landfill. You will notice that the habitat loss plateaus but does not decrease. This is because we cannot reverse the damage we have done (without additional rigorous clean-up) but can mitigate additional damage. (Please note that clean-up affects only the stock 'Plastic Straws in the ocean' and thus, does not affect the stock 'habitat loss.' Therefore, clean-up will reduce the number of plastic straws in the ocean and indirectly affect the stock 'habitat loss.' However, it will not clean up the plastic straws already impacting 'habitat loss.')

Economic Aspect
The economic aspect monitors the amount of money it takes to make plastic straws versus biodegradable straws and the amount of money the government needs to fund ocean clean-ups. It can be seen that a the usage of plastic straws decreases, the need for clean-up money from the government decreases. However, there is a base level of damage that has already been done by us and thus, larger scale clean-ups will be needed to reverse that. In other words, smaller clean-ups will mitigate the damage we are currently doing but not reverse the damage we have already done. We can also track the cost of making each straw; it can be seen that biodegradable straws are more expensive to make. 

However, the energy required to make the straws is less for biodegradable straws than plastic straws. Thus, there are trade-offs for using biodegradable straws.

Although, biodegradable straws are more expensive, they require less energy to make, decompose faster, require less funding for clean-up and impact the wildlife in the ocean to a lesser degree
Project Stage 2
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Biodiversity-Habitat Loss
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• This model examines how sustainable consumerism is from social, economic, and environmental aspects. The question in focus is "How will our second-hand clothing donations affect communities in developing countries, specifically Kenya?"

5 Stock Variables: 
• U.S. Consumers
• Multinational Corporations
• Overseas Factories
• Kenya

Highlight Findings: 
To sum up, there are 4 major problems associated to donations:
• 1. Source of problem is the consumer: Cheap deals attract hundreds of millions in revenue for fast fashion, and contribute to 100,000 tonnes of clothing to Kenya annually. 
• 2. Rapid consumerism leads to over-utilization of slowly-renewable resources, such as water.
• 3. Nearly 96% of textiles jobs are eradicated by the massive inflow of clothing donations to Kenya. 
• 4. The offshoring of textiles jobs enrages U.S. blue-collar workers, leading to the rise of protectionism.  



The environmental, social, and economic sustainability aspects of textiles donations
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ABOUT THE MODEL

This is a dynamic model that shows the correlation between the health-related policies implemented by the Government in response to COVID-19 outbreak in Burnie, Tasmania, and the policies’ impact on the Economic activity of the area.

 ASSUMPTIONS

The increase in the number of COVID-19 cases is directly proportional to the increase in the Government policies in the infected region. The Government policies negatively impact the economy of Burnie, Tasmania.

INTERESTING INSIGHTS

1. When the borders are closed by the government, the economy is severely affected by the decrease of revenue generated by the Civil aviation/Migration rate. As the number of COVID-19 cases increase, the number of people allowed to enter Australian borders will also decrease by the government. 

2. The Economic activity sharply increases and stays in uniformity. 

3. The death rate drastically decreased as we increased test rate by 90%.


COVID-19 Outbreak in Burnie Tasmania (Rajaa Sajjad, 538837)
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Insur
4 months ago
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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Q2 Final Project w/ socio-economic
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This model simulates the economics of buying a home. It was created to compare buying a home against using investment returns to pay for rent. According to Micheal Finke, house prices typically run 20x monthly rental rates. 

Try cloning this insight, setting the parameter values for real-world scenarios, and then running sensitivity analysis (see tools) to determine the likely wealth outcomes. Compare buying a home to renting. Note that each run will keep the parameters the same while simulating market volatility.

version 1.9
Home buying simulation 1.9
4 6 months ago
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THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES TURBULENT CHAOTIC DESTRUCTION

The existing global capitalistic growth paradigm is totally flawed

Growth in supply and productivity is a summation of variables as is demand ... when the link between them is broken by catastrophic failure in a component the creation of unpredictable chaotic turbulence puts the controls ito a situation that will never return the system to its initial conditions as it is STIC system (Lorenz)

The chaotic turbulence is the result of the concept of infinite bigness this has been the destructive influence on all empires and now shown up by Feigenbaum numbers and Dunbar numbers for neural netwoirks

See Guy Lakeman Bubble Theory for more details on keeping systems within finite working containers (villages communities)

THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES CHAOTIC TURBULENCE (+controls)
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From Oatley 2014 p214++

Balance-of-Payments Adjustment

Even though the current and capital accounts must balance each other, there is no assurancethat the millions of international transactions that individu- als, businesses, and governments conduct every year will necessarily produce this balance. When they don’t, the country faces an imbalance of payments. A country might have a current-accountdeficit that it cannotfully finance throughcapital imports, for example, or it might have a current-accountsur- plus thatis not fully offset by capital outflows. When an imbalancearises, the country must bring its payments back into balance. The process by which a country doessois called balance-of-payments adjustment. Fixed and floating exchange-rate systems adjust imbalances indifferent ways.

In a fixed exchange-rate system, balance-of-payments adjustment occurs through changes in domestic prices. We can most readily understand this ad- justmentprocess through a simple example. Suppose there are only two coun- tries in the world—the United States and Japan—and supposefurther that they maintain a fixed exchange rate according to which $1 equals 100 yen. The United States has purchased 800 billion yen worth of goods, services, and financial assets from Japan, and Japanhas purchased $4 billion of items from the United States. Thus, the United States has a deficit, and Japan a surplus, of $4billion. 

This payments imbalance creates an imbalance between the supply of and the demandfor the dollar and yen in the foreign exchange market. American residents need 800 billion yen to pay for their imports from Japan. They can acquirethis 800 billion yen by selling $8 billion. Japanese residents need only $4 billion to pay for their imports from the United States. They can acquire the $4 billion by selling 400billion yen. Thus, Americanresidentsareselling $4 billion more than Japanese residents want to buy, and the dollar depreci- ates againstthe yen.

Because the exchangerateis fixed, the United States and Japan must prevent this depreciation. Thus, both governmentsintervenein the foreign exchange market, buying dollars in exchange for yen. Intervention has two consequences.First, it eliminates the imbalance in the foreign exchange mar- ket as the governments provide the 400billion yen that American residents need in exchange forthe $4 billion that Japanese residents do not want. With the supply of each currency equalto the demandin the foreign exchange mar- ket, the fixed exchangerate is sustained. Second, intervention changes each country’s money supply. The American moneysupply falls by $4 billion, and Japan’s moneysupplyincreases by 400billion yen. 

The change in the money supplies alters prices in both countries. The reduc- tion of the U.S. money supply causes Americanpricesto fall. The expansion of the money supply in Japan causes Japanese prices to rise. As American prices fall and Japanese prices rise, American goods becomerelatively less expensive than Japanese goods. Consequently, American and Japaneseresidents shift their purchases away from Japanese products and toward American goods. American imports (and hence Japanese exports) fall, and American exports (and hence Japanese imports) rise. As American imports (and Japanese exports) fall and American exports (and Japanese imports) rise, the payments imbalanceis elimi- nated. Adjustment underfixed exchange rates thus occurs through changesin the relative price of American and Japanese goods brought about by the changes in moneysupplies caused by intervention in the foreign exchange market.

In floating exchange-rate systems, balance-of-payments adjustment oc- curs through exchange-rate movements. Let’s go back to our U.S.—Japan sce- nario, keeping everything the same, exceptthis time allowing the currencies to float rather than requiring the governments to maintain a fixed exchangerate. Again,the $4 billion payments imbalance generates an imbalancein the for- eign exchange market: Americansare selling more dollars than Japanese resi- dents want to buy. Consequently, the dollar begins to depreciate against the yen. Because the currencies are floating, however, neither governmentinter- venesin the foreign exchange market. Instead, the dollar depreciates until the marketclears. In essence, as Americans seek the yen they need, they are forced to accept fewer yen for each dollar. Eventually, however, they will acquire all of the yen they need, but will have paid more than $4 billion for them.

The dollar’s depreciation lowers the price in yen of American goods and services in the Japanese market andraises the price in dollars of Japanese goodsandservices in the American market. A 10 percent devaluation of the dollar against the yen, for example, reduces the price that Japanese residents pay for American goods by 10 percentandraises the price that Americans pay for Japanese goods by 10 percent. By making American products cheaper and Japanese goods more expensive, depreciation causes American imports from Japan to fall and American exports to Japan to rise. As American exports expand and importsfall, the payments imbalanceis corrected.

In both systems, therefore, a balance-of-payments adjustment occurs as prices fall in the country with the deficit and rise in the country with the surplus. Consumers in both countries respond to these price changes by purchasing fewer of the now-more-expensive goods in the country with the surplus and more of the now-cheaper goodsin the country with the deficit. These shifts in consumption alter imports and exports in both countries, mov- ing each of their payments back into balance. The mechanism that causes these price changes is different in each system, however. In fixed exchange- rate systems, the exchange rate remains stable and price changes are achieved by changing the moneysupplyin orderto alter prices inside the country. In floating exchange-rate systems, internal prices remain stable, while the change in relative prices is brought about through exchange-rate movements.

Contrasting the balance of payments adjustment process under fixed and floating exchangerates highlights the trade off that governments face between

exchangerate stability and domestic price stability: Governments can have a stable fixed exchangerate or they can stabilize domestic prices, but they cannotachieve both goals simultaneously. If a government wants to maintain a fixed exchangerate, it must accept the occasional deflation and inflation caused by balance-of-payments adjustment. If a governmentis unwilling to accept such price movements,it cannot maintain a fixed exchangerate. This trade-off has been the central factor driving the international monetary system toward floating exchange rates during the last 100 years. We turn now to examine howthis trade-off first led governmentsto create innovativeinter- national monetary arrangements following World WarII and then caused the system to collapse into a floating exchange-rate system in the early 1970s. 

Oatley's balance of payments
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The recent moratorium on deep-sea drilling will reduce the supply of oil. But the world-wide trend is an ever increasing demand for it. This simple CLD  tries to illustrate the dampening effect on demand and on economic activity of diminishing oil supplies and of rising prices: oil prices  affect virtually all products and especially agricultural production. As it becomes more and more difficult to extract oil, prices must rise. At the moment the global recession counteracts this effect, but the recession will not last forever. Is it too early to speak of Peak Oil?

Economy and Oil
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I have tried to capture the unemployment benefits budget in a causal loop diagram. You can make this as extensive as you want, but I have tried to focus on how unemployment benefits are financed and on the main determinants of expenditures and income. I was not (yet) able to 'close te loop' - to build the diagram up from feedback cycles. 
The diagram is in Dutch.
Causal loop diagram of unemployment benefits
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This model demonstrate how the exisitng tested COVID cases effects economic recovery via goverment intervenes.
Assumption:Goverment intervenes positively contribute on transmission, patients recovery, and death elimination. When existing cases equal or lower than 10 cases, economic growth will be soaring with helps of influencial elements.
Interesting points: even though there are certain amount of unknow cases, enhancing social restriction and increasing test rate ould still reduce amount of cases
Complex Model to Simulate How COVID Outbreak Influence Economic Recovery in Burnie
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Very basic stock-flow diagram of simple interest with table and graph output in interest, bank account and savings development per year. Initial deposit, interest rate, yearly deposit and withdrawal, and initial balance bank account can all be modified. 
I have developed a lesson plan in which students work on both simple and compound interest across both IM and Excel. I also wrote an article about this in Dutch, which you can translate using for example Google Translate: https://kdrive.infomaniak.com/app/share/1524656/93e2021a-6fc1-4b2c-8bcd-643a607526db

Also have a look at some of my other diagrams, for example: https://insightmaker.com/insight/6hPaqcl0YETrQcWKYkXeu2
Stock-Flow diagram of savings account - simple interest
8 9 months ago
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This Model was developed from the SEIR Model (Susceptible, Exposed, Infected, Recovered) and it predicts the COVID-19 outbreak in Burnie, Tasmania. This pandemic outbreak contributes to diverse rates including infection rate, death rates and recovery rate, government policies and its economic impacts.    

Assumptions:

 This model is driven by its determined rates, e.g., incubation rate, morality rate, test rate and immunity loss rate and its recovery rate.

Government policies are involved in fully vaccination rate, social distance, national border closure, travel, and business restriction which effect Burnie’s economy.

There are three economic entities dimensions in Burnie Island, we can tell that the pandemic has negative impact on Brick-and-Mortar enterprises and tourism business to some extent, whereas, e commercial business plays a crucial role to stimulate the regional economic activities during the COVID-19 period.

 

Interesting Insights:

 The figure of susceptible changes significantly during the initial 3 weeks because of low recovery rate and high infection rate. On the other hand, the implementation and interventions of government policies is effective, because the number of patients who tested negative is increased and the majority of them release and go back home after medical follow-up. 

Xueli Huang 501514, BMA708 Model of COVID-19 Outbreak in Burnie, Tasmania
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First pass at model depicting importance of Net Capital Accumulation on economic growth of firm - from firm's perspective

Economic Growth Rev 0
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Tesla pestel Analysis
Tesla pestel
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OVERSHOOT GROWTH GOES INTO TURBULENT CHAOTIC DESTRUCTION

The existing global capitalistic growth paradigm is totally flawed

The chaotic turbulence is the result of the concept of infinite bigness this has been the destructive influence on all empires and now shown up by Feigenbaum numbers and Dunbar numbers for neural netwoirks

See Guy Lakeman Bubble Theory for more details on keeping systems within finite limited size working capacity containers (villages communities)

Physics: OVERSHOOT GROWTH INTO TURBULENCE
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The complex model reflects the COVID-19 outbreak in Burnie, Tasmania. The model explains how the COVID-19 outbreak will influence the government policies and economic impacts. The infected population will be based on how many susceptible, infected, and recovered individuals in Burnie. It influences the probability of infected population meeting with susceptible individuals.

The fatality rate will be influenced by the elderly population and pre-existing medical conditions. Even though individuals can recover from COVID-19 disease, some of them will have immunity loss and become part of the susceptible individuals, or they will be diagnosed with long term illnesses (mental and physical). Thus, these variables influence the number of confirmed cases in Burnie and the implementation of government policies.

The government policies depend on the confirmed COVID-19 cases. The government policies include business restrictions, lock down, vaccination and testing rate. These variables have negative impacts on the infection of COVID-19 disease. However, these policies have some negative effects on commercial industry and positive effects on e-commerce and medical industry. These businesses growth rate can influence the economic growth of Burnie with the economic

Most of the variables are adjustable with the slider provided below. They can be adjusted from 0 to 1, which illustrates the percentages associated with the specific variables. They can also be adjusted to three decimal points, i.e., from 0.1 to 0.001.


Assumptions

- The maximum population of Burnie is 20000.
- The maximum number of infected individuals is 100.
- Government policies are triggered when the COVID-19 cases reach 10 or above.
- The government policies include business restrictions, lock down, vaccination and testing rates only. Other policies are not being considered under this model.
- The vaccination policy implemented by the government is compulsory.
- The testing rate is set by the government. The slider should not be changed unless the testing rate is adjusted by the government.
- The fatality rate is influenced by the elderly population and pre-existing medical conditions only. Other factors are not being considered under this model.
- People who recovered from COVID-19 disease will definitely suffer form immunity loss or any other long term illnesses.
- Long term illnesses include mental illnesses and physical illnesses only. Other illnesses are not being considered under this model.
- Economic activities are provided with an assumption value of 1000.
- The higher the number of COVID-19 cases, the more negative impact they have on the economy of Burnie. 


Interesting Insights

A higher recovery rate can decrease the number of COVID-19 cases as well as the probability of infected population meeting with susceptible persons, but it takes longer for the economy to recover compared to a lower recovery rate. A higher recovery rate can generate a larger number of people diagnosed with long term illnesses.

Testing rate triggers multiple variables, such as government policies, positive cases, susceptible and infected individuals. A lower testing rate can decrease the COVID-19 confirmed cases, but it can increase the number of susceptible people. And a higher testing rate can trigger the implementation of government policies, thus decreasing the infection rate. As the testing rate has a strong correlation with the government policies, it can also influence the economy of Burnie. 

BMA708 COVID-19 Outbreak in Burnie, Tasmania