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Graph representation of Ch3 of their 2007 Monetary Economics book, based on Alvarez and Ehnts 2015 paper The roads not taken. Also see more complex WIP to successively split sectors at IM-185550 . See also essence of MMT IM for simpler intro
Godley and Lavoie Simple Growth Model
Profile photo Geoff McDonnell
Insight diagram
This model shows the operation of a simple economy. It demonstrates the effect of changes in the fractional rate of consumption (or the converse, the fractional rate of saving.) It also, unlike Models 2 & 3, shows the influence Savings has on the production rate.

In summary, lower rates of consumption (based on production) result in higher rates of both production and consumption in the long-run.
Simple Economy: Model 4
Profile photo Jim Berger
3
Insight diagram
This model analyzes the interaction between climate change mitigation and adaptation in the land use sector using the concept of forest transition as a framework.
Forest Transition
Profile photo AR
4
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This seeks to model increasing improvements in long run economic growth potential as the education level increases.
LR Economic Growth
Profile photo Coby Joseph
Insight diagram
Buying and storing electricity when it is cheap, and selling it when it is expensive. What are the benefits, both public and private?

Smart Grid: Electricity storage and variable energy pricing
Profile photo Carlos
14
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Economic Model
Profile photo Stella Mosher
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This is a first attempt to illustrate the interconnected nature of the economic assets of Roswell - Chaves County
RCC economic model
Profile photo Jens Deichmann
Insight diagram
An initial study of the economics of single use coffee pods.
Coffee Pods ISD Humanities - Anouk D 10.4
Profile photo Anouk de Jong
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Commercial aviation economic activity in the EU
Profile photo 刘翱玮
Insight diagram
This is to support a discussion on money flows and growth. Money as a lubricant for the flow of embodied energy in human systems.
See also A Prosperous Way Down website
Odum Money and Energy Flows
Profile photo Geoff McDonnell
Insight diagram
Fons
Profile photo M. Koot
Insight diagram
This simple model describes wealth accumulation. The value in income is described by the following simple equation:

simple wealth accumulation model 1.1
Profile photo Larry Lee
20 6 months ago
Insight diagram
Stephen P Dunn 2010 Book summary including Technostructure MMT PCT critical realist and managing perceptions links
The Economics of JK Galbraith
Profile photo Geoff McDonnell
Insight diagram
I made this model to simulate how a companies revenue will change depending on the lifetime of the appliances it manufactures, in combination with the ratio of repair costs and price. It also shows the accumulation of e-waste.
Appliances lifetime simulation with folder
Profile photo Henny van Dongen
Insight diagram
When people talk about a government deficit, they forget that this is only one side of the ledger. On the other is a corresponding non-government SURPLUS. The money the government spends is not lost but shows up in the private sector as income. When one talks only of the deficit then one can understand that many think it should be reduced or even converted into a surplus, but reducing the government deficit reduces private sector income and a government surplus forces a deficit on the private sector with a potentially devastating effect on private sector wealth and economic activity.  Unless the economy is overheating, government deficits are usually healthy. For countries that run traditionally a trade deficit, such as the US they are necessary to maintain economic activity. Consider this fact: for almost all of past 40 years the US and the UK have run deficits without any harmful effects!

This video by professor Stephanie Kelton contains evidence that supports the modle.

https://www.youtube.com/watch?v=g6rlprwQB5E

The Dynamic that shows that Government Deficits benefit the Private Sector
Profile photo Hanns-Jürgen Hodann
Insight diagram
• 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
Profile photo Christina Cheung
Insight diagram
Eastern oyster growth model calibrated for Long Island Sound
Developed and implemented by Joao G. Ferreira and Camille Saurel; growth data from Eva Galimany, Gary Wickfors, and Julie Rose; driver data from Julie Rose and Suzanne Bricker; Culture practice from the REServ team and Tessa Getchis. This model is a workbench for combining ecological and economic components for REServ. Economic component added by Trina Wellman.

This is a one box model for an idealized farm with one million oysters seeded (one hectare @ a stocking density of 100 oysters per square meter)

1. Run WinShell individual growth model for one year with Long Island Sound growth drivers;

2. Determine the scope for growth (in dry tissue weight per day) for oysters centered on the five weight classes)
 
3. Apply a classic population dynamics equation:

dn(s,t)/dt = -d[n(s,t)g(s,t)]/ds - u(s)n(s,t)

s: Weight (g)
t: Time
n: Number of individuals of weight s
g: Scope for growth (g day-1)
u: Mortality rate (day-1)

4. Set mortality at 30% per year, slider allows scenarios from 30% to 80% per year

5. Determine harvestable biomass, i.e. weight class 5, 40-50 g (roughly three inches length)
REServ Eastern oyster ecology and economics Long Island Sound
Profile photo Joao G. Ferreira
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Revised version of S&F diagram, with Renewable energy investment as an auxiliary variable.
Revised Stock & Flow of Energy Infrastructure Development, Climate Change Impacts, and Economic Activity
Profile photo Victoria Yanco
Insight diagram

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
Profile photo Geoff McDonnell
3
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An initial study of the economics of single use coffee pods.
Claire - Coffee Pods ISD Humanities v 1.02
Profile photo Claire Smith
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Stage 5 World Premiere Economy and Fossil Fuels
Profile photo Victor Wong
Insight diagram
Very simple causal loop diagram of a loan, which can be any loan. However, when the loan is a fixed amount, that needs to be repaid in x periods, you can cross out the 'taking out' arrow from debt to bank account.
Causal loop diagram of a loan
Profile photo Henny van Dongen
Insight diagram

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)
Profile photo Rajaa Sajjad
3
Insight diagram
Irving Fisher's Debt Deflation Theory from Michael Joffe Fig. 3.4 p54 Ch3 Feedback Economics Book with Private Credit Inflation boom added to the  bust cycles
Irving Fisher's Debt Deflation Theory
Profile photo Geoff McDonnell
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