The model is built to demonstrates how Burnie Tasmania can deal with a new COVID-19 outbreaks, taking government policies and economic effects into account.
The susceptible people are the local Burnie residents. If residents were infected, they would either recovered or dead. However, even they do recover, there is a chance that they will get infected again if immunity loss occurs.
From the simulation result we can see that with the implementation of local government policies including travel ban and social distancing, the number of infected people will decrease. The number of recovered people will increase in the first 5 weeks but then experience a decrease.
In addition, with the implementation of local government policy, the economic environment in Burnie will be relatively stable when the number of COVID-19 cases is stable.
How Burnie, Tasmania can deal with a new outbreak of COVID-19
WIP of Rammelt's 2019 System Dynamics Review Article which has STELLA and Minsky software versions as supplements. Compare with the older IM-2011 version
Simplified Keen Goodwin Minsky Financial Instability model
Adapted from Fig 12.1 p.476 of the Book James A. Forte ( 2007), Human Behavior and The Social Environment: Models, Metaphors and Maps for Applying Theoretical Perspectives to Practice; Thomson Brooks/Cole Belmont ISBN 0-495-00659-9
Economic Theory Map
first draft with forked supply demand example intact
Backup of Associative Economics - The Farmer, The baker and The Bread Eaters
Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.
Original model done for The Perspectives Project though recast into Kumu.
Why Nations Fail
An initial study of the economics of single use coffee pods.
TENESPRESSO
System Thinking and Modelling of Brgy. Irawan, PPC (Biophysical, Cultural and Economic Component)
This Insight is used for simulating growth of a company with specified parameters.
CompanyGrowth
• 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
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Q1 Final Project w/ socio-economic
economic capital has a reinforcing loop (investment of output) governing growth and a balancing loop (depreciation) governing decline.
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
This Scenario hits Affluence (1% decrease per annum) to increase decarbonization of energy. Additionally, decrease in affluence is increased by temperature increases damaging the global economy
Final Project 4 W/ Socio-Economic Factors - Investment+Temperature Degradation
Map of Geoffrey M Hodgson's 2015 Conceptualizing Capitalism book summary pdf with other ideologies added sept 2021 from new politics website
Capitalism and Ideologies
Stephen P Dunn 2010 Book summary including Technostructure MMT PCT critical realist and managing perceptions links
The Economics of JK Galbraith
Economic Cost-Benefit Analysis- Roadkill Mitigation
An initial study of the economics of single use coffee pods.
K Collins Coffee Pods ISD Humanities v 1.02
WIP Ideas from Science Special Issue May 2014
The Science of Inequality
Book summary of Albert O Hirschman's 1982 book, explaining cycles of collective public action.
Shifting involvements
Circular equations WIP for Runy.
Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at IM-46280
Clone of Circularity in Economic models
During the 'big recession' many governments have
deliberately repressed salaries, usually via structural reforms, in order to
gain competitivity. However, repression of salaries increases inequality,
social discontent and often has counterintuitive effects. Salaries are a cost
for companies, but they are also the basis for the demand for the goods and services
they offer: people with little income cannot afford them. Scientific studies
have shown repeatedly that economic growth generated via salary increases does
not endanger the creation of employment, but rather reinforces
it. In most countries, the 'positive effect of salary increases' eclipses any
possible negative effects on export competitivity and even any detrimental
effect on investment. A good example of such a study is the work of ONARAN and OBST
on Wage-led Growth in the EU15 Member States (2016). This positive dynamic has been highlighted in the
model by prominent arrows. The policy implications for governments are clear!
Dynamik Linking Wage Increases to Higher Growth and Profits
GDP and government spending
This model is made to illustrate the components that impact profitability on a basic level.
Profit maximizing
