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I have tried to capture the unemployment benefits budget in a causal loop diagram. You can make this as extensive as you want, but I have tried to focus on how unemployment benefits are financed and on the main determinants of expenditures and income. I was not (yet) able to 'close te loop' - to build the diagram up from feedback cycles. 
The diagram is in Dutch.
Causal loop diagram of unemployment benefits
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
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Population densities: https://upload.wikimedia.org/wikipedia/commons/4/49/World_population_density_1994_-_with_equator.png
Adding employment
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My Insight
9 months ago
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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
System Dynamics Applications
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This model shows the operation of a simple economy with two modifications made to Model 2 -- 1) feedback from production rate to consumption rate and 2) the use of a fractional rate input for calculating consumption rate. 

In summary, lower fractional rates of consumption (based on production) result in higher levels of Savings.
Simple Economy: Model 3
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Study of the self-and all the rest society
Economic Insight
10 months ago
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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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No economy can function well without adequate funding and in the absence of finance will eventually fall into recession. Funds (financial assets in the model) are primarily injected through investments. This is certainly true for investments and payments undertaken by the government but also for private investments via bank loans. Net exports (i.e.trade surpluses) also represent an injecton of financial assets into the economy. By contrast financial assets are taken out of the economy through taxation, the repayment of bank loans and the running of a negative trade balance. Also, if the population in aggregate decides to save more this has the effect as if money were taken out of the economy. I have deliberately avoided specifying where the funds for treasury payments and public investments come from, as this is controversial. Modern Monetary Theory, for instance, says that these funds are not provided through tax revenue. Austerity can be seen as a process that deliberately diminishes or takes out financial assets from the economy through taxation, restrictions on bank loans or cutbacks in payments and public spending by the government. It is probably useful to look at insights 2740 and 2741 before examining this CLD because they provide the context and purpose for net public spending and investment.


Investment and Economic Activity
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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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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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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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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Q2 Final Project w/ socio-economic
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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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References:

http://hcrs.co/wp-content/uploads/Hay%20Egg%20Loss%20Folder/
Dahlberg%201979%20A%20Review%20of%20Surviva
l%20Rates%20of.pdf

http://www.bbc.com/news/science-environment-36716579

https://adventure.howstuffworks.com/outdoor-activities/fishing/fish-conservation/fish-populations/fishing-quota1.htm

https://healthresearchfunding.org/pros-cons-fish-farming/

http://www.academyforchange.org/wp-content/uploads/2012/08/Fishery-Causal-Loop-Diagram-2011.9.pdf

http://www.dfo-mpo.gc.ca/Library/329545.pdf

http://worldoceanreview.com/en/wor-2/fisheries/illegal-fishing/

http://www.dfo-mpo.gc.ca/stats/commercial/cfs/2012/section4-eng.htm

http://fishcount.org.uk/fish-count-estimates

https://www.worldatlas.com/articles/how-many-fish-are-there-in-the-ocean.html

http://www.umich.edu/~csfound/545/1998/narayans/chap07.htm

https://www.tandfonline.com/doi/abs/10.1080/09669580802276000

http://www.dfo-mpo.gc.ca/oceans/mpa-zpm/index-eng.html

https://www.newstatesman.com/politics/2015/07/selling-sea-how-our-fish-lost-their-freedom-market-forces

ISCI360_Group12Solution
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Sandbox for testing InsightMaker features using pipeline Construction & ROW land conversion as a driver of changes in ecosystem service value.
ESV Test
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Implementation of a DSGE Model solved in a Macroeconomics class by Harald Uhlig (link), using Rational Expectations, in this case, the Hansens Real Business Cycle Model.
It shows the capacity of implementing Dynamic Stochastic General Equilibrium Model Analysis using System Dynamics.
Real Business Cycle Model (DSGE)
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Initial Stock & Flow of Energy Infrastructure Development, Climate Change Impacts, and Economic Activity
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Economic contibution
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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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The complex model reflects the COVID-19 outbreak in Burnie, Tasmania. The model explains how the COVID-19 outbreak will influence the government policies and economic impacts. The infected population will be based on how many susceptible, infected, and recovered individuals in Burnie. It influences the probability of infected population meeting with susceptible individuals.

The fatality rate will be influenced by the elderly population and pre-existing medical conditions. Even though individuals can recover from COVID-19 disease, some of them will have immunity loss and become part of the susceptible individuals, or they will be diagnosed with long term illnesses (mental and physical). Thus, these variables influence the number of confirmed cases in Burnie and the implementation of government policies.

The government policies depend on the confirmed COVID-19 cases. The government policies include business restrictions, lock down, vaccination and testing rate. These variables have negative impacts on the infection of COVID-19 disease. However, these policies have some negative effects on commercial industry and positive effects on e-commerce and medical industry. These businesses growth rate can influence the economic growth of Burnie with the economic

Most of the variables are adjustable with the slider provided below. They can be adjusted from 0 to 1, which illustrates the percentages associated with the specific variables. They can also be adjusted to three decimal points, i.e., from 0.1 to 0.001.


Assumptions

- The maximum population of Burnie is 20000.
- The maximum number of infected individuals is 100.
- Government policies are triggered when the COVID-19 cases reach 10 or above.
- The government policies include business restrictions, lock down, vaccination and testing rates only. Other policies are not being considered under this model.
- The vaccination policy implemented by the government is compulsory.
- The testing rate is set by the government. The slider should not be changed unless the testing rate is adjusted by the government.
- The fatality rate is influenced by the elderly population and pre-existing medical conditions only. Other factors are not being considered under this model.
- People who recovered from COVID-19 disease will definitely suffer form immunity loss or any other long term illnesses.
- Long term illnesses include mental illnesses and physical illnesses only. Other illnesses are not being considered under this model.
- Economic activities are provided with an assumption value of 1000.
- The higher the number of COVID-19 cases, the more negative impact they have on the economy of Burnie. 


Interesting Insights

A higher recovery rate can decrease the number of COVID-19 cases as well as the probability of infected population meeting with susceptible persons, but it takes longer for the economy to recover compared to a lower recovery rate. A higher recovery rate can generate a larger number of people diagnosed with long term illnesses.

Testing rate triggers multiple variables, such as government policies, positive cases, susceptible and infected individuals. A lower testing rate can decrease the COVID-19 confirmed cases, but it can increase the number of susceptible people. And a higher testing rate can trigger the implementation of government policies, thus decreasing the infection rate. As the testing rate has a strong correlation with the government policies, it can also influence the economy of Burnie. 

BMA708 COVID-19 Outbreak in Burnie, Tasmania
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An attempt to combine ideas from Joe Stiglitz's Book The Price of Inequality, Peter Turchin's book Secular Cycles and Khalil Saeed and Oleg Pavlov's Dynastic Cycles SD model paper
Inequality Crisis and Secular Cycles
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Nobody seems to notice bubbles until they burst. One possible reason is that those caught up in a bubble are completely blinded by the grip, the overpowering logic and force excerted by the positive feedback loop that drives it. Financial bubbles occur time and time again - and nobody seems to learn. Another example on a different time scale is an argument that spins out of control and ends in violence. The participants seem to be blind to the consequences; the immediate and imperative logic of the feedback loop imposes itself. The vortex created by the feedback loop even seems to draw in outsiders, such as new investors. Is this the reason why we don't notice bubbles? This explanation is meant to stimulate discussion!

Bubbles and Feedback Loops
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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