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WIP replication of Khalid Saeed's draft paper presented by the Economics chapter of the SD Society in Sept 2019 youtube video
Unlinking public finance and taxation in fiat currency
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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
Govt policy reduces infection and economic growth in the same way.

Govt policy is trigger when reported COVID-19 case are 10 or less.

A greater number of COVID-19 cases has a negative effect on the economy.  This is due to economic signalling that all is not well.

Interesting insights

Higher testing rates trigger more rapid government intervention, which reduces infectious cases.  The impact on the economy, though, of higher detected cases is negative. 




Burnie COVID-19 outbreak demo model version 2
39 5 months ago
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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Final Project 1 W/ Socio-Economic Factors
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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
This Scenario has Affluence decreasing due to Anthropogenic climate change
Final Project 3 W/ Socio-Economic Factors - Temperature Degradation
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Adam Smith's The Invisible Hand: The Feedback Structure of Markets. From Sterman JD Business Dynamics p170 Fig 5-26. A price-mediated resource allocation system..

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

Economic Growth Rev 0
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The Logistic Map is a polynomial mapping (equivalently, recurrence relation) of degree 2, often cited as an archetypal example of how complex, chaotic behaviour can arise from very simple non-linear dynamical equations. The map was popularized in a seminal 1976 paper by the biologist Robert May, in part as a discrete-time demographic model analogous to the logistic equation first created by Pierre François Verhulst

Mathematically, the logistic map is written

where:

 is a number between zero and one, and represents the ratio of existing population to the maximum possible population at year n, and hence x0 represents the initial ratio of population to max. population (at year 0)r is a positive number, and represents a combined rate for reproduction and starvation.
For approximate Continuous Behavior set 'R Base' to a small number like 0.125To generate a bifurcation diagram, set 'r base' to 2 and 'r ramp' to 1
To demonstrate sensitivity to initial conditions, try two runs with 'r base' set to 3 and 'Initial X' of 0.5 and 0.501, then look at first ~20 time steps

The Logistic Map
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The recent moratorium on deep-sea drilling will reduce the supply of oil. But the world-wide trend is an ever increasing demand for it. This simple CLD  tries to illustrate the dampening effect on demand and on economic activity of diminishing oil supplies and of rising prices: oil prices  affect virtually all products and especially agricultural production. As it becomes more and more difficult to extract oil, prices must rise. At the moment the global recession counteracts this effect, but the recession will not last forever. Is it too early to speak of Peak Oil?

Economy and Oil
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Introduction:
This model demonstrates the COVID-19 outbreak in Burnie, Tasmania. It shows how the government policy tries to reduce the spread of COVID-19 whilst also impacting the local economy.

Assumptions:
This model has four variables that influence the number of COVID-19 cases: infection rate, immunity loss rate, recovery rate and death rate.

In order to reduce the pandemic spread, in this model, assume the government released six policies when Burnie COVID-19 cases are equal or over 10 cases. Policies are vaccination promotion, travel restriction to Burnie, quarantine, social distance, lockdown and testing rate.

Government policies would reduce the pandemic. However, it decreases economic growth at the same time. In this model, only list three variable that influence local economic activities. 
Travel restrictions and quarantine will reduce Burnie tourism and decrease the local economy. On the other hand, quarantine, social distance, lockdown allow people to stay at home, increasing E-commerce business.
As a result, policies that cause fewer COVID-19 cases also cause more considerable negative damage to the economy.

Interesting insights:
One of the interesting findings is that the government policy would reduce the COVID-19 spread significantly if I adjust the total government policies are over 20% (vaccine promotion, travel restriction, quarantine, social distance, lockdown), 3560 people will die, then no more people get COVID-19.
However, if I change the total government policy to less than 5%, the whole Burnie people will die according to the model. Therefore, we need to follow the polices, which saves our lives.
BMA708 assignment3 - Model of COVID-19 outbreak in Burnie
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Smithian growth model from Michael Joffe Fig. 3.7 p57 Ch3 Feedback Economics Book
Adam Smith's Growth through Division of labour
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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Q2 Final Project w/ socio-economic
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This page provides a structural analysis of POTUS Candidate Ben Carson's economic policy based on the information at:<!--[if gte mso 9]> <![endif]-->

https://www.bencarson.com/issues/tax-reform/

       <!--[if gte mso 9]> <![endif]-->https://www.bencarson.com/issues/balanced-budget-amendment/<!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE X-NONE <![endif]--><!--[if gte mso 9]> <![endif]--><!--[if gte mso 10]> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri",sans-serif; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} <![endif]--><!--[if gte mso 9]> Normal 0 false false false EN-US X-NONE X-NONE <![endif]--><!--[if gte mso 9]> <![endif]--><!--[if gte mso 10]> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri",sans-serif; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} <![endif]-->       The method used is Integrative Propositional Analysis (IPA) available: ​ http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
DRAFT IPA of Ben Carson economic policy
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A simple budget planning system.  What additional complexities can you add?
ISD Savings Plan
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Book Summary of The Great Transformation by Karl Polanyi see Wikipedia . See also more Karl Polanyi ideas IM-181325
The Great Transformation
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This Model was developed from the SEIR Model (Susceptible, Exposed, Infected, Recovered) and it predicts the COVID-19 outbreak in Burnie, Tasmania. This pandemic outbreak contributes to diverse rates including infection rate, death rates and recovery rate, government policies and its economic impacts.    

Assumptions:

 This model is driven by its determined rates, e.g., incubation rate, morality rate, test rate and immunity loss rate and its recovery rate.

Government policies are involved in fully vaccination rate, social distance, national border closure, travel, and business restriction which effect Burnie’s economy.

There are three economic entities dimensions in Burnie Island, we can tell that the pandemic has negative impact on Brick-and-Mortar enterprises and tourism business to some extent, whereas, e commercial business plays a crucial role to stimulate the regional economic activities during the COVID-19 period.

 

Interesting Insights:

 The figure of susceptible changes significantly during the initial 3 weeks because of low recovery rate and high infection rate. On the other hand, the implementation and interventions of government policies is effective, because the number of patients who tested negative is increased and the majority of them release and go back home after medical follow-up. 

Xueli Huang 501514, BMA708 Model of COVID-19 Outbreak in Burnie, Tasmania
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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
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not a mathematical model. just a general one
impact of globalization
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Map of SD work on Samuelson's 1939 model of the business cycle. See also D-memo D-2311-2 Gilbert Low 1976 and IM-165713. An alernative to the Ch 26 Macroeconomics textbook exposition.  From Gil Low's Multiplier Accelerator Model of Business Cycles, Ch 4 of Elements of the System Dynamics Method Book edited by Jorgen Randers 1976 (MIT Press) and 1980 (Productivity Press)
Samuelson multiplier accelerator model
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This model bases on the SIR model aims to indicate the relationship between the lockdown policy of the government for combating with COVID-19 and the economic activity in Burnie Tasmania during the pandemic. 

This model assumes that more COVID-19 cases will lead to the more serious lockdown policy of the local government, which indirectly affect the economic activities and economic growth. The primary reason is that the lockdown policy force people to stay at home and reduce the chance to work and consume.

The simulation trend of the model is that the economy will keep a steady increase when the serious government policy reduces the COVID-19 spreading speed rate.

COVID-19 outbreak in Burnie model by LUJIN 517217
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This page provides a structural analysis of POTUS Candidate Rand Paul's economic policy based on the information at:  https://www.randpaul.com/issue/spending-and-debt and also   https://www.randpaul.com/issue/taxes  The method used is Integrative Propositional Analysis (IPA) available: ​ http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
DRAFT IPA of Rand Paul Economic Policy
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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
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Economic contibution
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Plan for CCP project completion see IM-102242  for WIP detail of the structures of the related models
CCP Project Scope Deliverables and Extensions