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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

Md Shihabul Islam

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Here we have a basic SEIR model and we will investigate what changes would be appropriate for modelling the 2019 Coronavirus

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Here we have a basic SEIR model and we will investigate what changes would be appropriate for modelling the 2019 Coronavirus.

The initial parametrization is based on the suggested current data. The initial population is set for Catalonia.

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COVID-19 outbreak in Burnie Tasmania Simulation Model

Introduction

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.

Assumption

Enforcing government policies reduce both infection and economica growth.
When there are 10 or greater COVID-19 cases reported, the governmwnt policies are triggered.
Greater COVID-19 cases have negatively influenced the economic activities.
Government policies restict people's activities socially and economically, leading to negative effects on economy.
Opportunities for jobs are cut down too, making umemployment rate increased.
During the outbreak period, ecommerce has increased accordingly because people are restricted from going out.

Interesting insights

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.

Mengling Xue 561743 BMA708_Marketing insights into Big Data

Mengling Xue

Model di samping adalah model SEIR yang telah dimodifikasi sehingga dapat digunakan untuk menyimulasikan perkembangan penyebaran COVID-19.

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This stock-flow simulation model is to show Covid-19 virus spread rate, sources of spreading and safety measures followed by all the countries affected around the world.

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.

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Explanation of the Model

This is a Model of COVID-19 outbreak in Burnie, Tasmania which shows the government actions in response to the pandemic COVID-19 and its affects on the Economy. The government health policy changes depending on the reported cases, which is a dependent upon the testing rate.

Assumptions

Lockdown and travel ban were the main factor in government policy. It negatively impacts on the Economic growth as individuals are not going out which is directly affects the business around the world, in this insight 'Burnie'. This reduces the economic growth and the factors positively effecting economic growth such as Tourism.

Government policies has a negative impact on Exposer of individuals. Moreover, it also has a negative impact on chances of infection when exposed as well as other general infection rate.

Interesting Insight

There is a significant impact of test rating on COVID-19 outbreak. Higher rates increases the government involvement, which decreases cases as well as the total death.

In contrast, lower testing rates increase the death rate and cases.

Tourism which plays a avital role in Tasmanian Economy greatly affects the Economic Growth. The decline of Tourism in parts of Tasmania such as Burnie, would directly decrease the economy of Tasmania.

Clone of BMA 708, Assessment Tast 3: Complex System, Burnie COVID-19 outbreak, Diprina Shakya-519673

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