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
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. 




 Visão geral 

 O modelo mostra a
conexão e o conflito da indústria entre o turismo florestal e o turismo de
montanha em Derby, Tasmânia. O objetivo desta simulação é descobrir o ponto de
equilíbrio para a coexistência. 

 Como funciona o
modelo? 

 Ambas as
indústrias podem fornecer contribuições e

Visão geral

O modelo mostra a conexão e o conflito da indústria entre o turismo florestal e o turismo de montanha em Derby, Tasmânia. O objetivo desta simulação é descobrir o ponto de equilíbrio para a coexistência.

Como funciona o modelo?

Ambas as indústrias podem fornecer contribuições económicas para a Tasmânia. Em primeiro lugar, a venda de madeira através da exploração madeireira geraria renda. Além disso, os gastos dos ciclistas de montanha gerariam renda. No entanto, a baixa taxa de regeneração das árvores não pode encobrir a exploração madeireira, o que influencia as belas vistas e as experiências dos ciclistas. Embora a satisfação e a expectativa dependam das opiniões e da experiência, a demanda pelo mountain bike também seria influenciada pelas visitas repetidas e pelo boca a boca.

Informações interessantes

Embora a silvicultura possa fornecer uma grande contribuição económica para a Tasmânia, o excesso de exploração madeireira vai contra a estrutura ESG, além de criar conflito com o turismo de montanha. Desde que o número de visitas de cavaleiros seja estável, o turismo pode sempre proporcionar uma maior contribuição económica em comparação com a silvicultura. Portanto, o governo deveria considerar o ponto de equilíbrio entre as duas indústrias.

6 months ago
 This model indicate indicates the modeling COVID-19 outbreaks and responses from government policies with the effect on the local economy. Model was occurred at Burnie, Tasmania. The model mainly contains three parts: COVID-19 pandemic outbreak, four differences government policies and what the imp

This model indicate indicates the modeling COVID-19 outbreaks and responses from government policies with the effect on the local economy. Model was occurred at Burnie, Tasmania. The model mainly contains three parts: COVID-19 pandemic outbreak, four differences government policies and what the impact on economy from those policies.

 

Assumptions:

(1) Various variables influence the model, which can result in varied outcomes. The following values are based on an estimate and may differ from actual values. Government initiatives are focused at reducing Covid-19 infections and, as a result, affecting (both positive and negative) economic growth.

 

(2) 42% of infected people will recovery. 10% of people who are infected will die and the rate relatively higher due to the much old people living in Burnie, Tasmania.

78% of cases get tested.

 

(3) Government policy will only be implemented when there are ten or more recorded cases. Four government policies have had influences on infection.  

 

(4) The rising number of instances will have a negative impact on Burnie's economic growth.

 

Insights:

1. As a result of the government's covid 19 rules, fewer people will be vulnerable. Less people going to be susceptible.

 

2. After the government policy intervention, there is a effectively reduce of infected people.

 

3. Overall, there is no big differences of economic performance from the graph, might due to the positive and negative effect of economy. And after two weeks, the economy maintained a level of development without much decline.

   Overview   The model shows the industry connection and conflict between Forestry and Mountain Tourism in Derby, Tasmania. The objective of this simulation is to find out the balance point for co-exist.      How Does the Model Work?   Both industries can provide economic contribution to Tasmania.

Overview

The model shows the industry connection and conflict between Forestry and Mountain Tourism in Derby, Tasmania. The objective of this simulation is to find out the balance point for co-exist.

 

How Does the Model Work?

Both industries can provide economic contribution to Tasmania. Firstly, selling timbers through logging would generate income. Also, spendings from mountain bike riders would generate incomes. However, low tree regrowth rate can not cover up logging, which influences the beautiful vistas and riders' experiences. While satisfaction and expectation depend on vistas and experience, the demand of mountain biking would be influenced through repeat visits and world of mouth as well.

 

Interesting Insights

Although forestry can provide a great amount of economic contribution to Tasmania, over logging goes against ESG framework as well as creating conflict with mountain tourism. As long as the number of rider visits is stable, tourism can always provide a greater economic contribution compared to forestry. Therefore, the government should consider the balance point between two industries.

6 months ago