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Fig.5 Generic resource allocation structure from Khalil Saeed and Oleg Pavlov's Dynastic Cycles SD model paper  See also  the SD Simulation Model Insight
Dynastic Cycles Structure
5 months ago
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In this Insight I focus on the demand site of the Market and Price model, leaving the supply side out.
Demand factors
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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 seem to trigger more rapid government intervention, which reduces infectious cases.  The impact on the economy though of higher detected cases though is negative. 




Clone of Burnie COVID-19 outbreak demo model version 2
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This is a toy model of tax policies.

The findings were presented at the 6th International Dijon Conference (2012) in a paper called 'Extended Circuit Theory: Modelling the Impact of Government Interventions'.
Tax Policies
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Based on the Market and Price simulation model in System Zoo 3, Z504. In this model the profit calculations were not realistic. They were based on the per unit profit, which does not take items not sold into account. Also the model was not very clear on profit since it was included in the total production costs and consequently in the unit costs and subsequently profit was calculated by subtracting unit costs of the market price. Thus profit had a double layer which does not make the model better accessible. I have tried to remedy both in this simplified version.
Simplified and changed Z504 Market and Price - System Zoo 3
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An initial study of the economics of single use coffee pods.
Clara's Coffee Pods ISD Humanities
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Economic Model - Final Project
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Commercial aviation economic activity in the EU
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Summary WIP of Thomas Palley's 2012 Book
From Financial Crisis to Stagnation
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Stage 5 World Premiere Economy and Fossil Fuels
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Policy Memo - Coywolf - v1HG
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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
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This high-level simulation model presented by Jay Forrester in his book World Dynamics, simulates socio-economic-environmental world system. The world Model was created in a time where pollution and other negative effects of industrialization and economic growth started to become recognized in 1970. For this exam purpose, we have rebuilt the model to do some experiments and analyze the results. 
World Model1
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This insight includes a Limits to Success archetype. (Bubbles colored with a darker blue)
Economical Factor
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To compete with cheap price and convenience,
Community Economy must provide the distinct merits; human connection, belief in person, unique quality enable citizens willing to pay for fair price.
Community Values Change the Spending Choice of Citizens for Economic Equity
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This Insight is used for simulating growth of a company with specified parameters.
CompanyGrowth
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Economic model
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Explanation of the Model

This is a sample model of Covid-19 outbreak in Burnie, Tasmania showing how the Government responds by implementing relevant health policy and the effects on the Economy of the area. 
 
Assumptions

Economic growth rate is dependent on the proportion of the population who can be exposed. Number of COVID cases negatively impacts the economy. Govt policy is triggered when COVID-19 cases are 10 or more.

Interesting Insights

1) Exposure to the disease has a positive relationship with economic growth rate because the more people goes out, more business activity takes place, resulting in Economic Growth.

2) Increasing the Testing rate results in:

- Higher cases being detected

- Stricter Govt Policy

- Less Deaths


 


Covid-19 outbreak in Burnie Tasmania
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Brainstorming - Scoping constraints of tradeoff microanalysis
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Olympic Money Pit. Economic Impact Model
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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
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Stephen P Dunn 2010 Book summary including Technostructure MMT PCT critical realist and managing perceptions links
The Economics of JK Galbraith
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A simple budget planning system.  What additional complexities can you add?
ISD Savings Plan
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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Final project scenario 2