I propose we grow this sim model (or similar) over time to help ourselves better understand the opposing investment and austerity strategies now being advocated for the U.S. government. The hope is to build as simple a model as possible that subsumes the major underlying feedback loops that probably exist in the mental models of proponents of each of these positions. Starting this model was inspired by this Investment vs. Austerity discussion http://www.linkedin.com/groups/Investment-vs-Austerity-How-can-4582801.S.157876413
20120908a_InvestmentVsAusterity
Explanation:
Explanation:
This model presents the COVID-19 outbreak in Burnie and how the government reacts to it. Moreover, the model also illustrates how the economy in Burnie is impacted by the pandemic. The possible stages of residents when the infectious disease spreads in Burnie can be concluded as Susceptible, Infection and Recovery, which are used as the main data in this model. However, the improvement of decreasing of reported infection rates of this infectious disease and increasing of recovery rates are contributed by the implementation of the Government Health Policy.
Assumption
The decrease of both infection rate and economic growth are all influenced by the Government Health Policy simultaneously. The Government Health Policy is only triggered when there are 10 cases reported. However, the increase in reporting COVID-19 cases affects economic growth negatively.
Interesting Insights:
There are two interesting insights that have been revealed from the simulation. First, the death rate continuously increased even though the infection rate goes down. However, the increase in testing rates contributed to the stability of the death rate towards the end of the week. Moreover, higher testing rates also trigger faster government intervention, which can reduce infectious cases. Second, as the Government Health Policy limited the chance of going out and shopping, the economic growth is negative due to the higher cases.
BMA708, Assessment 3: Complex system, Burnie Covid-19 outbreak
Based on chapter 14 of Modeling Dynamic Economic Systems
Quasi-competitive equilibrium model
Model of Covid-19 Outbreak in Burnie, Tasmania
When reported COVID-19 cases begin to show a rapid increase, the government will initiate control policies to deal with the spread.As the number of people tested increases and measures such as isolation and medical assistance are implemented, the number of people infected will decline rapidly.Therefore, the government's policy is to reduce and eliminate sources of transmission by increasing the number of tests and initiating control measures.At the same time, it also shows the negative impact of economic growth, which according to the model will stop in the next 20 weeks.
Model of Covid-19 Outbreak in Burnie, Tasmania (Yimeng Yao 448253)
Smithian growth model from Michael Joffe Fig. 3.7 p57 Ch3 Feedback Economics Book
Adam Smith's Growth through Division of labour
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
First pass at model depicting importance of Net Capital Accumulation on economic growth of firm - from firm's perspective
Clone of Clone of Economic Growth Rev 0
This Model described the outbreak simulation under government policy and impacts on Economics.
Assumptions
The social distance policy can reduce 80% of infection.
Interesting Insights
The story tell the difference when social distance applied or not
Click on View story to start simulations
BMA708 Task 3 Zijing Zeng 520737
Investment with depreciation (good/bad economy Markov chain)
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Q2 Final Project w/ socio-economic
In this model I am trying to depict the multiple factors and interactions that impact student academic achievement. As educators, our goal is to optimize the progression of academic achievement, or as represented in this stock flow diagram maintain the stock (academic achievement) at the highest level. Multiple factors enhance achievement and, conversely, multiple factors interact to reduce the stock/rate of achievement. As individual teachers, we must understand the factors and relationships that increase and decrease achievement. In particular, teachers in training need to begin to build a mental model of these factors and relationships. Only then can we optimize our individual learning environments to ensure each child reaches his/her academic achievement potential.
Student Achievement
ISCI 360 - Food Waste Part 1
Pathways Causal Loop - Health
WIP Summary of Miller 2015 PCD
article for the Compelling Case for Prevention Project Scoping Study.
See also economic view IM 69774 (private)
Simplified at IM-70351 Tool
Prevention Investment Framework
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
The government has reduced both the epidemic and economic development by controlling immigration.
Yuhao c, BMA708_Marketing insights into Big Data.
Estruturas dev miniempresa e balanco de massa de calculadora de consumo paaso1 um de projeto de sintese de fluxogramas visando sintese Gestao de viabilidade tecnologicas via diversos fluxogramasde blocos ,procesos
https://docs.google.com/spreadsheets/d/1DIYxae_Cgpa3n53KTMrMdj8pBYCmNeJlVM_CB_xpUi4/edit#gid=9
Matches' 275 Equipment Cost Estimates.www.matche.com/equipcost/Default.html
Traduzir esta páginaMatches provides 275 process equipment conceptual capital costs estimates.
Exchanger, Heat · Index of Process Equipment ... · Tank · Vessel
Equipment Costs for Plant Design and Economics for Chemical ...www.mhhe.com/engcs/chemical/peters/data/
Traduzir esta páginaInstructions for file “EQUIPMENT COSTS” accompanying Plant Design and Economics for Chemical ... When entries are complete, CLICK on CALCULATE.
Plant Design and Economics for Chemical Engineers | Cost Estimatorhighered.mheducation.com/sites/.../student.../cost_estimator.html
Traduzir esta páginaMcGraw-Hill Online, Learning Center. Student Center | Instructor Center | Information Center | Home ...Cost Estimator. Please click here to use the Cost Estimator.
Clone Projeto misturasPasso 1Estruturas ,Balanco de massa e calculadora de consumos
First Basic Macro economic model
Basic Economic Model
How Pioneer Corn is Changing Farming in Ghana
De Innovadores a Imitadores
New Product Adoption Dynamics models how an innovation spreads through a population via two main drivers:
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Innovator probability, which determines how many people adopt the product independently and autonomously.
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Imitator conversion rate, which measures how many new adopters join due to social contact and word of mouth (WOM).
This approach helps us understand how the total flow of new adopters evolves over time.
📈 Applied example: In the adoption of renewable energy, early users (innovators) install solar panels out of conviction or future-oriented vision. Later, their visible results and testimonials create an imitation effect among neighbors, accelerating broader adoption. This model helps predict how much diffusion can be achieved through different promotional strategies or public policies.
New Product Adoption Dynamics
Summary WIP of Thomas Palley's 2012 Book
From Financial Crisis to Stagnation
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.)
Simple Economy: Model 1