Introduction:

Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.

Peak oil occurs not when there are no more reserves, but when it is too expensive to bring them to the surface. The diagram describes a dynamic where peak oil leads to oil prices that are too low for oil companies to produce oil. There are two keys to understand this counterintuitive situation. First, it is important to realize that without energy (oil) no economic activity can take place. Second, when supplies of oil become scarce, non-elite workers  - because of the contraction of the economy - will lose their jobs or suffer salary cuts. This will make goods containing (or using) oil products too expensive for the masses. Demand for those products (most things on the market) will decline and with it demand for oil - oil prices will drop too low for oil companies to produce oil!

These ideas stem from Gail Tverberg's blog: 'Our Finite World'. https://ourfiniteworld.com/

WIP SD REpresentation of Steve Keen's BOMD Minsky model (described in Fig.5 of his patreon Jan2021 Draft New Economics Manifesto) to hope to make the causal structure clearer

​Climate Sector Boundary Diagram By Guy Lakeman

This insight shows the impacts of a renewawble portfolio standard on energy prices and electricity mix. It includes features such as REC pricing, clearing auctions for electricity, and distributed generation.

First pass at model depicting importance of Net Capital Accumulation on economic growth of firm - from firm's perspective

Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.

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

Based on System Zoo EZ412D, EZ411, EZ412A.

Implementation of the Solow model of economic growth with labor enhancing technology.

parameters: s, alpha, delta, n, gA
variables: Y. K, L, C, A
per capita variables: y, k, c, a
per capita and technology variables: y~, k~, c~
steady state variables: y~*, k~*, c~*
all variables come with relative growth rates g

Features:

+steady state from beginning
+one time labor shock
+permanent savings quote shock
+permanent technological growth rate shock

Decreasing steady state variables when starting in steady state are numeric artifacts.

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

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.

WIP replication of Khalid Saeed's draft paper presented by the Economics chapter of the SD Society in Sept 2019 youtube video

This model shows the operation of an extremely simple economy. The system produces and consumes each item (or good) at a fixed rate.

When production exceeds consumption, consumer goods accumulate in stocks. Trading may occur between actors in this system. That will not, however, affect the quantities of the stocks of goods. It only affects ownership (not a concern of this model.)

A simple implementation of a Dynamic ISLM model as proposed by Blanchard (1981), and taken from An introduction to economic Dynamics - Shone (1997) - chapter 5. This model might serve as a framework to evaluate economic policies over GDP growth.

Implementation of a DSGE Model solved in a Macroeconomics class by Harald Uhlig (link), using Rational Expectations, in this case, the Hansens Real Business Cycle Model.

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.")

In summary, lower rates of consumption (based on production) result in higher rates of production and consumption in the long-run. Rates of consumption over 100% of production will diminish the savings stock and eventually cause rates of production and consumption to fall.

No economy can function well without adequate funding and in the absence of finance will eventually fall into recession. Funds (financial assets in the model) are primarily injected through investments. This is certainly true for investments and payments undertaken by the government but also for private investments via bank loans. Net exports (i.e.trade surpluses) also represent an injecton of financial assets into the economy. By contrast financial assets are taken out of the economy through taxation, the repayment of bank loans and the running of a negative trade balance. Also, if the population in aggregate decides to save more this has the effect as if money were taken out of the economy. I have deliberately avoided specifying where the funds for treasury payments and public investments come from, as this is controversial. Modern Monetary Theory, for instance, says that these funds are not provided through tax revenue. Austerity can be seen as a process that deliberately diminishes or takes out financial assets from the economy through taxation, restrictions on bank loans or cutbacks in payments and public spending by the government. It is probably useful to look at insights 2740 and 2741 before examining this CLD because they provide the context and purpose for net public spending and investment.

Explanation of the Model