Explanation of the Model
This is a Model of COVID-19 outbreak in Burnie, Tasmania which shows the government actions in response to the pandemic COVID-19 and its affects on the Economy. The government health policy changes depending on the reported cases, which is a dependent upon the testing rate.
Assumptions
Lockdown and travel ban were the main factor in government policy. It negatively impacts on the Economic growth as individuals are not going out which is directly affects the business around the world, in this insight 'Burnie'. This reduces the economic growth and the factors positively effecting economic growth such as Tourism.
Government policies has a negative impact on Exposer of individuals. Moreover, it also has a negative impact on chances of infection when exposed as well as other general infection rate.
Interesting Insight
There is a significant impact of test rating on COVID-19 outbreak. Higher rates increases the government involvement, which decreases cases as well as the total death.
In contrast, lower testing rates increase the death rate and cases.
Tourism which plays a avital role in Tasmanian Economy greatly affects the Economic Growth. The decline of Tourism in parts of Tasmania such as Burnie, would directly decrease the economy of Tasmania.
