Economy | Insight Maker

ISCI 360 - Project Finale

Clone of Sustainability in Fisheries Finale

ComPAIR Research

Clone of Clone of Clone of PA_if_6_Carvajal_Osorio_Tamayo

Santiago Tamayo Lopez

Overview

A model which simulates the competition between logging versus adventure tourism (mountain bike ridding) in Derby Tasmania. Simulation borrowed from the Easter Island simulation.

How the model works.

Trees grow, we cut them down because of demand for Timber amd sell the logs.

With mountain bkie visits. This depends on past experience and recommendations. Past experience and recommendations depends on Scenery number of trees compared to visitor and Adventure number of trees and users. Park capacity limits the number of users.

Interesting insights

It seems that high logging does not deter mountain biking. By reducing park capacity, visitor experience and numbers are improved. A major problem is that any success with the mountain bike park leads to an explosion in visitor numbers. Also a high price of timber is needed to balance popularity of the park. It seems also that only a narrow corridor is needed for mountain biking

Clone of Simulation of Derby Mountain biking versus logging

Chris Rawson

Overview
This model is a working simulation of the competition between the mountain biking tourism industry versus the forestry logging within Derby Tasmania.

How the model works

The left side of the model highlights the mountain bike flow beginning with demand for the forest that leads to increased visitors using the forest of mountain biking. Accompanying variables effect the tourism income that flows from use of the bike trails.
On the right side, the forest flow begins with tree growth then a demand for timber leading to the logging production. The sales from the logging then lead to the forestry income.
The model works by identifying how the different variables interact with both mountain biking and logging. As illustrated there are variables that have a shared effect such as scenery and adventure and entertainment.

Variables
The variables are essential in understanding what drives the flow within the model. For example mountain biking demand is dependent on positive word mouth which in turn is dependent on scenery. This is an important factor as logging has a negative impact on how the scenery changes as logging deteriorates the landscape and therefore effects positive word of mouth.
By establishing variables and their relationships with each other, the model highlights exactly how mountain biking and forestry logging effect each other and the income it supports.

Interesting Insights
The model suggests that though there is some impact from logging, tourism still prospers in spite of negative impacts to the scenery with tourism increasing substantially over forestry income. There is also a point at which the visitor population increases exponentially at which most other variables including adventure and entertainment also increase in result. The model suggests that it may be possible for logging and mountain biking to happen simultaneously without negatively impacting on the tourism income.

Clone of Simulation of Derby Mountain biking versus logging

Steven D'Alessandro

Overview

A model which simulates the competition between logging versus adventure tourism (mountain bike ridding) in Derby Tasmania. Simulation borrowed from the Easter Island simulation.

How the model works.

Trees grow, we cut them down because of demand for Timber amd sell the logs.

With mountain bkie visits. This depends on past experience and recommendations. Past experience and recommendations depends on Scenery number of trees compared to visitor and Adventure number of trees and users. Park capacity limits the number of users.

Interesting insights

It seems that high logging does not deter mountain biking. By reducing park capacity, visitor experience and numbers are improved. A major problem is that any success with the mountain bike park leads to an explosion in visitor numbers. Also a high price of timber is needed to balance popularity of the park. It seems also that only a narrow corridor is needed for mountain biking

Clone of Simulation of Derby Mountain biking versus logging

BS

Clone of PA_if_6_Carvajal_Osorio_Tamayo

Juan Pablo Carvajal Garcia

6

Rich picture trying to explain in detail the economy of Peru.

Year: 2017

Rich Picture: Economía del Perú

Cristian Rashuaman

Clone of PA_if_6_Carvajal_Osorio_Tamayo

Juan Pablo Carvajal Garcia

Clone of Factors affecting Brazilian soy export growth

Bechara Assouad

Clone of Clone of PA_if_6_Carvajal_Osorio_Tamayo

Santiago Tamayo Lopez

Clone of Clone of PA_if_6_Carvajal_Osorio_Tamayo

Santiago Tamayo Lopez

A toy model to see what happens to employment when people must move through various states to get to certain jobs

Clone of Basic Employment Model

Christopher Brown

Clone of Clone of PA_if_6_Carvajal_Osorio_Tamayo

Juan Pablo Carvajal Garcia

This model simulates the competition between logging versus adventure tourism(mountain bike riding) in Derby Tasmania. The purpose of this model is that focus on the relationship between the timber industry and mountain bike tourism in adventure. It also reflects how well these two industries co-exist.

How this model works

This model shows tree grow development. In order to maximize the profits from selling the logging, the demand for timbers will increase.

The mountain bike visits depend on past experience and recommendations. In addition, past experience and recommendations depend on Scenery, which is determined by the number of trees and visitors and adventure number. However, park capacity limits the number of use mountain bikes, because the convince of parking is a consideration for the visitors.

It seems like the high logging sale does not deter mountain bike activities. By reducing the parking capacity, visitor experience and number are increased. Because of the strong relationship between the mountain bike park and the explosion in visitor numbers. With the improvement in the number of visitors, the number of food and restaurants will go up as well. Because of the daily needs of the visitors.

Simulation of Derby Mountain bikes versus logging

Jayden Wu

Clone of Clone of PA_if_6_Carvajal_Osorio_Tamayo

Santiago Tamayo Lopez

PA_if_6_Carvajal_Osorio_Tamayo

Ana Osorio

The statement that there can be no economic activity without energy and that fossil fuels are finite contrasts with the fact that money is not finite and can be created by governments via their central banks at zero marginal cost whenever needed.

An important fact about COAL, GAS and OIL (especially when produced via fracking) is that their net energy ratios are falling rapidly. In other words the energy needed to extract a given quantity of fossil fuels is constantly increasing. The falling ratio 'EROI' (Energy Return on Energy Invested ) provides yet another warning that we can no longer rely on fossil fuels to power our economies. In 1940 it took the energy of only one barrel of oil to extract 100. Today the energy of 1 barrel of oil will yield only 15. We cannot wait until the ratio falls to 1/1 before we invest seriously in alternative sources of energy, because by then industrial society as we know it doday will have ceased to exist. An EROI of 1:1 means that it takes the energy of one barrel of oil to extract one barrel of oil - oil production would simply stop!

Clone of Energy and Economic Activity

Borya Orhontuul

Clone of Clone of PA_if_6_Carvajal_Osorio_Tamayo

Juan Pablo Carvajal Garcia

To maintain economic wealth (roads, hospitals, power lines, etc.) power needs to be consumed. The same applies to economic activity, since any activity requires the consumption of energy. According to the Environmental Protection Agency, the burning of fossil fuels was responsible for 79 percent of U.S. greenhouse gas emissions in 2010. So whilst economic activity takes place fossil fuels will be burned and CO2 emissions are unavoidable - unless we use exclusively renewable energy resources, which is not likely to occur very soon. However, the increasing CO2 concentrations in the atmosphere will have negative consequences, such droughts, floods, crop failures, etc. These effects represent limits to economic growth. The CLD illustrates some of the more prominent negative feedback loops that act as a break on economic growth and wealth. As the negative feedback loops (B1-B4) get stronger, an interesting question is, 'will a sharp reduction in economic wealth and unavoidable recession lead to wide-spread food riots and disturbances?'

Clone of LIMITS TO ECONOMIC GROWTH AND PROMINENT NEGATIVE FEEDBACK LOOPS

zoltan lakner

Clone of Recycling and Waste Treatment in Vancouver

Arman Mojtabavi

9

Model description:

This model is designed to simulate the outbreak of Covid-19 in Burnie in Tasmania, death cases, the governmental responses and Burnie local economy.

More importantly, the impact of governmental responses to both Covid-19 infection and to local economy, the impact of death cases to local economy are illustrated.

The model is based on SIR (Susceptible, Infected and recovered) model.

Variables:

The simulation takes into account the following variables:

Variables related to Covid-19: (1): Infection rate. (2): Recovery rate. (3): Death rate. (4): Immunity loss rate.

Variables related to Governmental policies: (1): Vaccination mandate. (2): Travel restriction to Burnie. (3): Economic support. (4): Gathering restriction.

Variables related to economic growth: Economic growth rate.

Adjustable variables are listed in the part below, together with the adjusting range.

Assumptions:

(1): Governmental policies are aimed to control(reduce) Covid-19 infections and affect (both reduce and increase) economic growth accordingly.

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

(3) The increasing cases will negatively influence Burnie economic growth.

Enlightening insights:

(1) Vaccination mandate, when changing from 80% to 100%, doesn't seem to affect the number of death cases.

(2) Governmental policies are effectively control the growing death cases and limit it to 195.

Clone of Burnie Tasmania Covid - 19 outbreak simulation Model by Yankang Huang 541 277

Yankang Huang

The statement that there can be no economic activity without energy and that fossil fuels are finite contrasts with the fact that money is not finite and can be created by governments via their central banks at zero marginal cost whenever needed.

An important fact about COAL, GAS and OIL (especially when produced via fracking) is that their net energy ratios are falling rapidly. In other words the energy needed to extract a given quantity of fossil fuels is constantly increasing. The falling ratio 'EROI' (Energy Return on Energy Invested ) provides yet another warning that we can no longer rely on fossil fuels to power our economies. In 1940 it took the energy of only one barrel of oil to extract 100. Today the energy of 1 barrel of oil will yield only 15. We cannot wait until the ratio falls to 1/1 before we invest seriously in alternative sources of energy, because by then industrial society as we know it doday will have ceased to exist. An EROI of 1:1 means that it takes the energy of one barrel of oil to extract one barrel of oil - oil production would simply stop!

Clone of Energy and Economic Activity

Koya Sato

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.

Clone of Burnie COVID-19 outbreak demo model version 2

Rajaa Sajjad

Overview

This model not only reveals the conflict between proposed logging of adjacent coups and Mountain bike in Derby but also simulates competition between them. The simulation model aims to investigate the potential coexistence opportunities between the mountain biking and forestry and find out the optimal point for coexistence to help improve Tasmania’s economy.

How the model works

It is recognized that the mountain biking and forestry industries can help support the Tasmanian community and strengthen the Tasmanian economy. The logging and forest sector in Derby can help the local community generate wealth and create more employment opportunities. The sector main source of income come from selling timber such as domestic and export sales. Nevertheless, the sector’s profit has decreased over the past few years on account of the weaker demand and reduced output. Accordingly, the profitability and output of the sector have fluctuated in response to the availability of timber, the timber price movements as well as the impact of changing demand conditions in downstream timber processing sectors. The slow growth rate for a timber has a negative impact on the profitability of the forestry industry and the economic contribution of this industry is set to grow slower, as there is a positive correlation between these variables. In addition, the mountain biking industry in Derby can bring a huge significant economic contribution to the local community. The revenue streams of the industry come from bike rental, accommodation, retail purchase and meals and beverages. These variables also influence the past experience which is positive correlation between reviews and satisfaction that can impact the demand for the mountain biking trails. More importantly, the low regeneration rate for a timber can have a negative impact on the landscape of the mountain biking and the tourist’s past experience that led to a decrease in the demand of tourists for the mountain biking, as the reviews and satisfaction are dependent on the landscape and past experience. It is evident that the industry not only helps the local community generate wealth through industry value addition but also creates a lot of employment opportunities. Therefore, the Mountain Bike Trails can be regarded as sustainable tourism that can help increase employment opportunities and economic contribution that can be of main economic significance to the Tasmania’s economy. Therefore, both industries can co-exist that can maximise the economic contribution to the local community and the Tasmanian economy.

Interesting Insights

It is interesting to note that the activity of cutting down trees does not influence the development of Mountain Biking industry. By lowering the prices of accommodation, food, bike rental and souvenirs, it can help increase the reviews and recommendations of Mountain Biking that will enhance the number of tourists. In this case, the Mountain Biking industry can achieve sustainable economic growth in the long-term while the economic growth rate of forestry industry will continue to decrease.

Simulation of Derby Mountain bikes versus logging

Charles Lau

Economy Models