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Economy After Pandemic

Model of COVID-19 Outbreak in Burnie, Tasmania

Jingting REN

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.

COVID-19 Burnie Tasmania BMA708 SIR Model Economy After Pandemic Well-being

  • 1 month 1 week ago

Clone of Model of COVID-19 Outbreak in Burnie, Tasmania

Jingting REN

This Model was first developed from the SIR model (Susceptible, Infected, Recovered). It was designed to explore relationship between the government policies regarding the COVID-19 and its influences on the economy as well as well-being of local residents. 

 

Assumptions:

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

Government policies reduces the infection and economic growth at the same time.

 


Interesting Insights:

In the first two weeks, the infected people showed an exponential growth, in another word, that’s the most important period to control the number of people who got affected. 

 

COVID-19 Burnie Tasmania BMA708 SIR Model Economy After Pandemic Well-being

  • 1 month 1 week ago

Clone of Model of COVID-19 Outbreak in Burnie, Tasmania

Jingting REN

This Model was first developed from the SIR model (Susceptible, Infected, Recovered). It was designed to explore relationship between the government policies regarding the COVID-19 and its influences on the economy as well as well-being of local residents. 

 

Assumptions:

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

Government policies reduces the infection and economic growth at the same time.

 


Interesting Insights:

In the first two weeks, the infected people showed an exponential growth, in another word, that’s the most important period to control the number of people who got affected. 

 

COVID-19 Burnie Tasmania BMA708 SIR Model Economy After Pandemic Well-being

  • 1 month 1 week ago

Clone of Clone of Model of COVID-19 Outbreak in Burnie, Tasmania

Jingting REN

This Model was first developed from the SIR model (Susceptible, Infected, Recovered). It was designed to explore relationship between the government policies regarding the COVID-19 and its influences on the economy as well as well-being of local residents. 

 

Assumptions:

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

Government policies reduces the infection and economic growth at the same time.

 


Interesting Insights:

In the first two weeks, the infected people showed an exponential growth, in another word, that’s the most important period to control the number of people who got affected. 

 

COVID-19 Burnie Tasmania BMA708 SIR Model Economy After Pandemic Well-being

  • 1 month 1 week ago

Clone of Model of COVID-19 Outbreak in Burnie, Tasmania

Jingting REN

This Model was first developed from the SIR model (Susceptible, Infected, Recovered). It was designed to explore relationship between the government policies regarding the COVID-19 and its influences on the economy as well as well-being of local residents. 

 

Assumptions:

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

Government policies reduces the infection and economic growth at the same time.

 


Interesting Insights:

In the first two weeks, the infected people showed an exponential growth, in another word, that’s the most important period to control the number of people who got affected. 

 

COVID-19 Burnie Tasmania BMA708 SIR Model Economy After Pandemic Well-being

  • 1 month 1 week ago

Clone of Model of COVID-19 Outbreak in Burnie, Tasmania

Jingting REN

This Model was first developed from the SIR model (Susceptible, Infected, Recovered). It was designed to explore relationship between the government policies regarding the COVID-19 and its influences on the economy as well as well-being of local residents. 

 

Assumptions:

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


Government policies reduces the infection and economic growth at the same time;


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:

In the first two weeks, the infected people showed an exponential growth, in another word, that’s the most important period to control the number of people who got affected. 

 

COVID-19 Burnie Tasmania BMA708 SIR Model Economy After Pandemic Well-being

  • 1 month 1 week ago