Based on the Market and Price simulation model in System Zoo 3. I wrote an explanation of the model which you can find here: https://docs.google.com/document/d/1yRTtZvOOrFiBlK6pkvbpSUv_ajvGMKSAbfthRTBPU-8/edit?usp=sharing 
Based on the Market and Price simulation model in System Zoo 3.
I wrote an explanation of the model which you can find here: https://docs.google.com/document/d/1yRTtZvOOrFiBlK6pkvbpSUv_ajvGMKSAbfthRTBPU-8/edit?usp=sharing 
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
 Cutbacks can have a counterintuitive effect. The government knows precisely how much it custs in spending. However, it cannot know the extent to which tax revenues shrink in a non-linear complex economic system as the economy contracts. In addition, the treasury has to spend more as automatic stabi

Cutbacks can have a counterintuitive effect. The government knows precisely how much it custs in spending. However, it cannot know the extent to which tax revenues shrink in a non-linear complex economic system as the economy contracts. In addition, the treasury has to spend more as automatic stabilizers activate and payments are made to an increasing number of unemployed workers. The effect of this is that initially the deficit shrinks, but later it rises as tax revenues fall short of expectations and more spending takes place. The ironic part is that often the very indicator that promted austerity measurs, the defcit to GDP ratio, becomes worse than it was at the outset. We could observe this in Spain and Portugal where planned deficits have been repeatedly missed, as austerity measures  (fiscal cutbacks) were introduced to deal with the effects of  the 2008 financial crisis.

Summary of Ch1 of Mitchell Wray and Watts Textbook see  IM-164967  for overview
Summary of Ch1 of Mitchell Wray and Watts Textbook see IM-164967 for overview
From Jay Forrester 1988 killian lectures youtube  video  describing system dynamics at MIT. For Concepts See  IM-185226 . For more detailed biography See Jay Forrester memorial  webpage  For MIT HIstory see  IM-184930
From Jay Forrester 1988 killian lectures youtube video describing system dynamics at MIT. For Concepts See IM-185226. For more detailed biography See Jay Forrester memorial webpage For MIT HIstory see IM-184930
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
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 gre
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.
This model shows the COVID-19 outbreaks in Burnie and the Government intervention to alleviate the crisis and also how is the intervention affect the economy.    It is assumed that the Government intervention is triggered when the COVID-19 case is equal to or more than 10.      Government interventi
This model shows the COVID-19 outbreaks in Burnie and the Government intervention to alleviate the crisis and also how is the intervention affect the economy.

It is assumed that the Government intervention is triggered when the COVID-19 case is equal to or more than 10. 

Government intervention - lock down the state, suppress the development of COVID-19 effectively. It is related to most of people stay at home to reduce the exposure in public area.
On the other hand, it also bring the economy of Burnie in the recession, as no tourists, no dining out activities and decrease in money spending in the city.
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
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
 Regulation of resource allocation to service in response to service quality. A non-price-mediated resource allocation system. From Sterman JD Business Dynamics p172 Fig 5-27

Regulation of resource allocation to service in response to service quality. A non-price-mediated resource allocation system. From Sterman JD Business Dynamics p172 Fig 5-27

A system diagram for the Mojave Desert including example socio-economic factors for an assignment at OSU- RNG 341.
A system diagram for the Mojave Desert including example socio-economic factors for an assignment at OSU- RNG 341.
 ​There are many reasons why reality
does not alter doctrines. Some of the factors and their dynamics are shown in
the CLD. 

 However, an unchanging doctrine may
prompt actions that influence and change reality. Do ill-adapted doctrinal reactions
not increase the complexity in the world, potentiall
​There are many reasons why reality does not alter doctrines. Some of the factors and their dynamics are shown in the CLD.

However, an unchanging doctrine may prompt actions that influence and change reality. Do ill-adapted doctrinal reactions not increase the complexity in the world, potentially making everything worse? Some Neoliberal economic remedies come to mind. 

 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: infecti
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.