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. 




  Sike Liu's model on COVID-19 & Burnie Economy       This model contains three parts, the first part stimulates the COVID-19 pandemic outbreak in Burnie; the second part describes possible government policies on pandemic control; and the third part examines the possible negative impact on econo
Sike Liu's model on COVID-19 & Burnie Economy

 

This model contains three parts, the first part stimulates the COVID-19 pandemic outbreak in Burnie; the second part describes possible government policies on pandemic control; and the third part examines the possible negative impact on economy growth from those policies.


Assumptions:

1. The state boarder has already been closed and all new arrivals in Burnie need to enter a fixed period of quarantine. And the quarantine rate measures the strength of the government policy on quarantine (such as length and method).

2. Patient zero refers to the initial number of undetected virus carriers in the community.

3. Government policies such as social distancing, compulsory mask and lock down could effectively reduce community’s exposure to the virus.

4. Social distancing and compulsory mask will be triggered when COVID-19 cases reach and beyond 10 and lock down will be triggered when cases reach and beyond 1000.

4. High vaccine rate, on the other hand, could effectively reduce the exposed people’s chance of getting infected.

5. Only when vaccine rate reaches 0.6 and beyond, then the spread of COVID-19 will be significantly slowed.

6. Vaccine can’t 100% prevent the infection of the virus.

7.The infected people will need to be tested so that they could be counted as COVID-19 cases and the test rate decides the percentage of infected people being tested.

8. After people recover, there are chances of them losing immunity and the immunity lost rate measures that.

9. The COVID-19 cases could also be detected at quarantine facilities, and the quarantine process will effectively reduce the Infection and exposure rate.

10. Social distancing and compulsory mask wearing are considered as light restrictions in this model and will have less impact on both supply and demand side, and lockdown is considered as heavy restriction which will have strong negative impact on economy growth in this model.

11. In this model, light restrictions will have more negative impacts on the demand side compared to the supply side.

12. In this model, both supply side and demand side will power the economy growth.

 

Interest hints:

The vaccine could significantly reduce the spread of COVID-19 and effectively reduce the number of COVID-19 cases.

The number of the COVID-19 cases will eventually be stabilized when the number of susceptible is running out in a community (reached community immunity).

Quarantine could slightly reduce the cases numbers, but the most effective way is to reduce the number of new arrivals.

 This model can be used to investigate how government interventions affect transmission and mortality associated with COVID-19 during an outbreak, and how these interventions impact on the economic activities in Burnie, Tasmania.     Assumptions can be made that effective government intervention can
This model can be used to investigate how government interventions affect transmission and mortality associated with COVID-19 during an outbreak, and how these interventions impact on the economic activities in Burnie, Tasmania.

Assumptions can be made that effective government intervention can reduce the number of people infected, whereas the local economy is severely impacted.

Insights:
1. When COVID-19 case are more than 10, government policy will be triggered.

2. Testing rate is very crucial to understanding the spread of the pandemic and responding appropriately.


Description:   This is a system dynamics model of COVID-19 outbreak in Burnie which shows the process of infections and how  government responses, impact on the local economy.       First part is outbreak model, we can know that when people is infected, there are two situations. One is that he recov
Description:

This is a system dynamics model of COVID-19 outbreak in Burnie which shows the process of infections and how  government responses, impact on the local economy.  

First part is outbreak model, we can know that when people is infected, there are two situations. One is that he recovers from  treatment, but even if he recovered, the immunity loss rate increase, makes him to become infected again. The other situation is death. In this outbreak, the government's health policies (ban on non-essential trips, closure of non-essential retailers, limits on public gatherings and quarantine )  help to reduce the spread of the COVID-19 new cases. Moreover,  government legislation is dependent on  number of COVID-19 cases and testing rates. 

 Second part: the model of Govt legislation and economic impact. Gov policy can help to reduce infection rate and local economy at same way. The increase of number of COVID-19 cases has a negative impact on local Tourism industry and economic growth rate. On the other hand, Govt legislation also can be change when reported COVID-19 case are less or equal to 10.






 This Model was developed from the SEIR model (Susceptible, Enposed, Infected, Recovered). It was designed to explore relationships between the government policies regarding the COVID-19 and its impact upon the economy as well as well-being of residents.    Assumptions:   Government policies will be

This Model was developed from the SEIR model (Susceptible, Enposed, Infected, Recovered). It was designed to explore relationships between the government policies regarding the COVID-19 and its impact upon the economy as well as well-being of residents. 

Assumptions:

Government policies will be triggered when reported COVID-19 case are 10 or less;


Government Policies affect the economy and the COV-19 infection negatively at the same time;


Government Policies can be divided as 4 categories, which are Social Distancing, Business Restrictions, Lock Down, Travel Ban, and Hygiene Level, and they represented strength of different aspects;

 

Parameters:

Policies like Social Distancing, Business Restrictions, Lock Down, Travel Ban all have different weights and caps, and they add up to 1 in total;

 

There are 4 cases on March 9th; 

Ro= 5.7  Ro is the reproduction number, here it means one person with COVID-19 can potentially transmit the coronavirus to 5 to 6 people;


Interesting Insights:

Economy will grow at the beginning few weeks then becoming stagnant for a very long time;

Exposed people are significant, which requires early policies intervention such as social distancing.

 This model is designed for the local government of Burnie, Tasmania, aiming to help with balancing COIVD-19 and economic impacts during a possible outbreak.   The model has been developed based upon the SIR model (Susceptible, Infected, Recovered) model used in epidemiology.   It lists several poss

This model is designed for the local government of Burnie, Tasmania, aiming to help with balancing COIVD-19 and economic impacts during a possible outbreak. 

The model has been developed based upon the SIR model (Susceptible, Infected, Recovered) model used in epidemiology. 

It lists several possible actions that can be taken by the government during a COVID-19 outbreak and provide the economic impact simulation. 

The model allow users to Change the government policies factors (Strength of Policies) and simulate the total economic impact.

Interestingly, the government plicies largely help with controlling the COVID outbreak. However, the stronger the policies are, the larger impact on local economy

 This model simulates a COVID outbreak occurring at Burnie, Tasmania.
It links the extent to the pandemic with governments intervention policies
aiming to limit the spread of the virus. The other part of the model illustrates
how will the COVID statistics and the government enforcement jointly influ

This model simulates a COVID outbreak occurring at Burnie, Tasmania. It links the extent to the pandemic with governments intervention policies aiming to limit the spread of the virus. The other part of the model illustrates how will the COVID statistics and the government enforcement jointly influence the economic environment in the community. A number of variables are taken into account, indicating positive or negative relationship in the infection and the economy model respectively.

 

Assumptions

·         Government takes responsive actions when the number of acquired cases exceeds 10.

·         Government’s prompt actions, involving closure of the state border, lockdown within the city, plans on mandatory vaccination and testing, effectively control the infection status.

·         Economic activities are reduced due to stagnation in statewide tourism, closure of brick-and-mortar businesses, and increased unemployment rate, as results of government restrictions.

 

Insights

Government’s rapid intervention can effectively reduce the infected cases. The national vaccination rollout campaign raises vaccination rate in Australians, and particularly influence the death rate in the infection model. Please drag the slider of vaccination to a higher rate and run the model to compare the outcomes.

Although local economy is negatively affected by government restriction policies, consumer demand in online shopping and government support payments neutralize the negative impact on economy and maintain the level of economic activities when infections get controlled. 

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 r
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.
        Model description:     This model is designed to simulate the outbreak of Covid-19 in Burnie in Tasmania. It also tell us the impact of economic policies on outbreak models and economic growth.       Variables:    The simulation takes into account the following variables and its adjusting ra

Model description:

This model is designed to simulate the outbreak of Covid-19 in Burnie in Tasmania. It also tell us the impact of economic policies on outbreak models and economic growth.

 

Variables:

The simulation takes into account the following variables and its adjusting range: 

 

On the left of the model, the variables are: infection rate( from 0 to 0.25), recovery rate( from 0 to 1), death rate( from 0 to 1), immunity loss rate( from 0 to 1), test rate ( from 0 to 1), which are related to Covid-19.

 

In the middle of the model, the variables are: social distancing( from 0 to 0.018), lock down( from 0 to 0.015), quarantine( from 0 to 0.015), vaccination promotion( from 0 to 0.019), border restriction( from 0 to 0.03), which are related to governmental policies.

 

On the right of the model, the variables are: economic growth rate( from 0 to 0.3), which are related to economic growth.

 

Assumptions:

(1) The model is influenced by various variables and can produce different results. The following values based on the estimation, which differ from actual values in reality.

 

(2) Here are just five government policies that have had an impact on infection rates in epidemic models. On the other hand, these policies will also have an impact on economic growth, which may be positive or negative.

 

(3) Governmental policy will only be applied when reported cases are 10 or more. 

 

(4) This model lists two typical economic activities, namely e-commerce and physical stores. Government policies affect these two types of economic activity separately. They together with economic growth rate have an impact on economic growth.

 

Enlightening insights:

(1) In the first two weeks, the number of susceptible people will be significantly reduced due to the high infection rate, and low recovery rate as well as government policies. The number of susceptible people fall slightly two weeks later. Almost all declines have a fluctuating downward trend.

 

(2) Government policies have clearly controlled the number of deaths, suspected cases and COVID-19 cases.

 

(3) The government's restrictive policies had a negative impact on economic growth, but e-commerce economy, physical stores and economic growth rate all played a positive role in economic growth, which enabled the economy to stay in a relatively stable state during the epidemic.

This model demonstrates the relationship between the covid-19 outbreak, government policy, and economic impacts. This model was developed based on SIR model (Susceptible, Infection, Recovery). The model also outlines the policies been implemented by the government to cope with Covid-19 pandemic and
This model demonstrates the relationship between the covid-19 outbreak, government policy, and economic impacts. This model was developed based on SIR model (Susceptible, Infection, Recovery). The model also outlines the policies been implemented by the government to cope with Covid-19 pandemic and it also indicate its economic impact. 
Interesting insights
This model indicates the government policies have had positive influence on economic impact and it reduce its negative effects on the economy.
 Introduction; 
 This model shows COVID-19 outbreak in Burnie have some impact for local economy situation and government policy. The main government policy is lockdown during the spreading period which can help reduce the infected rate, and also increase the test scale to help susceptible confirm t

Introduction;

This model shows COVID-19 outbreak in Burnie have some impact for local economy situation and government policy. The main government policy is lockdown during the spreading period which can help reduce the infected rate, and also increase the test scale to help susceptible confirm their situation.


Variables;

Infection rate, Death rate, Recovery rate, test rate, susceptible, immunity rate, economy growth rate

These variables are influenced by different situation.


When cases over 10, government will implement lockdown policy.


Conclusion;

When cases increase too much , they will influence the economic situation.


Interesting insights:

If the recover rate is higher, more people will recover from the disease. It seems to be a positive sign. However, it would lead to a higher number of recovered people and more susceptible. As a result, there would be more cases, and would have a negative impact on the economic growth. 

 This model is to explain the COVID-19 outbreak in Brunie Island, Tasmania, Australia, and the relationship between it and the government policies , also with the local economy.      This model is upgraded on the basis of the SIR model and adds more variables.      A large number of COVID-19 cases w
This model is to explain the COVID-19 outbreak in Brunie Island, Tasmania, Australia, and the relationship between it and the government policies , also with the local economy.

This model is upgraded on the basis of the SIR model and adds more variables.

A large number of COVID-19 cases will have a negative impact on the local economy. But if the number of cases is too small, it will have no impact on the macro economy

Government policy will help control the growth of COVID-19 cases by getting people tested.


     Description:    
Model of Covid-19 outbreak in Burnie, Tasmania  This model was designed from the SIR
model(susceptible, infected, recovered) to determine the effect of the covid-19
outbreak on economic outcomes via government policy.    Assumptions:    The government policy is triggered when t

Description:

Model of Covid-19 outbreak in Burnie, Tasmania

This model was designed from the SIR model(susceptible, infected, recovered) to determine the effect of the covid-19 outbreak on economic outcomes via government policy.

Assumptions:

The government policy is triggered when the number of infected is more than ten.

The government policies will take a negative effect on Covid-19 outbreaks and the financial system.

Parameters:

We set some fixed and adjusted variables.

Covid-19 outbreak's parameter

Fixed parameter: Background disease.

Adjusted parameters: Infection rate, recovery rate. Immunity loss rate can be changed from vaccination rate.

Government policy's parameters

Adjusted parameters: Testing rate(from 0.15 to 0.95), vaccination rate(from 0.3 to 1), travel ban(from 0 to 0.9), social distancing(from 0.1 to 0.8), Quarantine(from 0.1 to 0.9)

Economic's parameters

Fixed parameter: Tourism

Adjusted parameter: Economic growth rate(from 0.3 to 0.5)

Interesting insight

An increased vaccination rate and testing rate will decrease the number of infected cases and have a little more negative effect on the economic system. However, the financial system still needs a long time to recover in both cases.

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.
   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
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.


  
   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
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.


  
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.
  ABOUT THE MODEL   This is a dynamic model that shows the correlation between the
health-related policies implemented by the Government in response to COVID-19 outbreak
in Burnie, Tasmania, and the policies’ impact on the Economic activity of the
area.   

   ASSUMPTIONS  

 The increase in the num

ABOUT THE MODEL

This is a dynamic model that shows the correlation between the health-related policies implemented by the Government in response to COVID-19 outbreak in Burnie, Tasmania, and the policies’ impact on the Economic activity of the area.

 ASSUMPTIONS

The increase in the number of COVID-19 cases is directly proportional to the increase in the Government policies in the infected region. The Government policies negatively impact the economy of Burnie, Tasmania.

INTERESTING INSIGHTS

1. When the borders are closed by the government, the economy is severely affected by the decrease of revenue generated by the Civil aviation/Migration rate. As the number of COVID-19 cases increase, the number of people allowed to enter Australian borders will also decrease by the government. 

2. The Economic activity sharply increases and stays in uniformity. 

3. The death rate drastically decreased as we increased test rate by 90%.


This model is comparing healthy and sick residents in Burnie, Tasmania after the Covid-19 Outbreak in 2020. It will also show how the Burnie economy is effected by the disease, how the Government Health Policies are implemented and how they are enforced.  This model is based on the SIR, Susceptible,
This model is comparing healthy and sick residents in Burnie, Tasmania after the Covid-19 Outbreak in 2020. It will also show how the Burnie economy is effected by the disease, how the Government Health Policies are implemented and how they are enforced.

This model is based on the SIR, Susceptible, Infection, Recovery (or Removed) These are the three possible states related to the members of the Burnie population when a contagious decease spreads.

The Government/Government Health Policy, played a big part in the successful decrease in Covid-19 infections. The Government enforced the following.
- No travel (interstate or international)
- Isolation within the residents homes
- Social distancing by 1.5m
- Quarantine
- Non essential companies to be temporarily closed
- Limitations on public gatherings
- And limits on time and kilometers aloud to travel from ones home within a local community

This resulted in lower reported infection rates of Covid-19 and higher recovery rates.

In my opinion:
When the first case was reported the Government could have been even faster to enforce these rules to decrease the fatality rates further for the Burnie, population.  

Assumption: Government policies were only triggered when 10 cases were recorded.
Also, more cases that had been recorded effected the economic growth during this time.

Interesting Findings: In the simulation it shows as the death rates increases towards the end of the week, the rate of testing goes down. You would think that the government would have enforced a higher testing rate over the duration of this time to decrease the number of infections, exposed which would increase the recovery rates faster and more efficiently.  

Figures have been determined by the population of Burnie being 19,380 at the time of assignment.

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.
   Introduction    This model simulates the COVID-19 outbreaks in Burnie, the government reactions, as well as the economic impact. The government's strategy is based on the number of COVID-19 cases reported and testing rates and recovered.       Assumptions    In the same trend that government poli
Introduction
This model simulates the COVID-19 outbreaks in Burnie, the government reactions, as well as the economic impact. The government's strategy is based on the number of COVID-19 cases reported and testing rates and recovered.

Assumptions
In the same trend that government policy decreases infection, it also reduces economic growth.
When there are ten or fewer COVID-19 cases reported, government policy is triggered.
The economy suffers as a result of an increase in COVID-19 cases.

Interesting insights
The higher testing rates appear to result in a more quick government response, resulting in fewer infectious cases. However, it has a negative influence on the economy.
    INTRODUCTION   

 This is a balanced loop model that demonstrates how COVID
19 outbreak in Burnie and the response of the government (e.g. by enforcing health
policies: Lockdown; quarantine, non-necessary business closure; border closure)
affect the local economy.  This model has 13 positive loo

INTRODUCTION

This is a balanced loop model that demonstrates how COVID 19 outbreak in Burnie and the response of the government (e.g. by enforcing health policies: Lockdown; quarantine, non-necessary business closure; border closure) affect the local economy.  This model has 13 positive loops and seven negative loops.  Government response is dependent on the number of reported COVID-19 cases which in turn thought to be dependent on the testing rates less those who recovered from COVID 19 and dead. Economic activity is dependent on the economic growth rate, increased in online shopping, increased in unemployment, number of people who do not obey the rules, COVID 19 cases and health policies.

 ASSUMPTIONS

 · Both infection and economic growth is reduced by enforcing government policies

 · However, the negative effect of government policies is reduced by the number of people who do not obey government health policies

 · Govt policies are enforced when the reported COVID-19 case are 10 or greater.

 ·     Number of COVID cases reported is dependent on the testing rates less those who recovered and dead.

 ·   The higher number of COVID-19 cases have a negative effect on local economy. This phenomena is known as negative signalling. 

 ·   Government policies have a negative effect on economic activity because health policies limit both social and economic activities which directly or indirectly affect the economy in Burnie .  

 ·  This negative effect is somewhat reduced by the increase in online shopping and the number of people who do not obey heath rules.

 INTERESTING INSIGHTS

The test ratings seem to play a vital role in controlling COVID-19 outbreak. Higher Rates of COVID testings decrease the number of COVID 19 deaths and number of infected. This is because higher rates of testing accelerate the government involvement (as the government intervention is triggered earlier, 10 COVID cases mark is reached earlier). Delaying the government intervention by reducing the COVID testing rates increases the death rates and number of infected. 

Increased testing rates allow the figures (deaths, susceptible, infected) to reach a plateau quickly. 





  This model aims to show that how Tasmania government's Covid-19 policy can address the spread of the pandemic and in what way these policy can damage the economy.     This model assumes that if the COVID-19 cases are more than 10, the government will take action such as quarantine and lockdown at
This model aims to show that how Tasmania government's Covid-19 policy can address the spread of the pandemic and in what way these policy can damage the economy.

This model assumes that if the COVID-19 cases are more than 10, the government will take action such as quarantine and lockdown at the area. These policy can indirectly affect the local economy in many different way. At the same time, strict policy may be essential for combating Covid-19.

From the simulation of the model, we can clearly see that the economy of Burine will be steady increase when government successfully reduces the COVID-19 cased and make it spreading slower.

Interesting finding: In this pandemic, the testing rate and the recovery rate are important to stop Covid-19 spreading. Once the cases of Covid-19 less than 10, the government might stop intervention and the economy of Burnie will back to normal.

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.