This simple high level model shows the basic feedback balancing loop for health services. There are many other loops and component interactions at multiple scales that add to the complexity See areas of expenditure IM for some component splits and hospital value IM for some service linkages
The dynamics of health care spending, or why it keeps growing. Adapted from Fig 7.6 p154 of Sauwakon Ratanawijitrasin's PhD thesis SUNY Albany 1993 "The dynamics of health care finance: A feedback view of system behavior."
This simulation shows the relation ship between the number of houses for sale (Supply), the amount of people searching for home (Demand) and how these factors affect the prices within the real estate market, with the purpose of forecasting when the best time to buy and sell property is. It is assumed in this model that the number of houses are a constant, as we are looking at existing housing infrastructure rather than an emerging market or apartment buildings.
This model spans over 20 years, showing the long-term flow of the real estate market within this time frame. Price is a linear function of the number of houses for sale (positive) and also a liner function of the number of people searching for homes (negative).
Demand Elasticity Of price, Price Elasticity of Demand, Price elasticity of Supply, Supply Elasticity of Price and Interest rates can all be adjusted through the use of the sliders to create different scenarios with supply, demand and interest rates. The sales variable passes information into both the buying and sold variables upon completion of a relevant transaction.
While demand is low, the price is typically low too, however the supply of houses is high. While the demand is high the price is driven up and the supply of houses is lower than the demand.
The first task is to define what is an optometrist and to outline a career path.
The first issue is how to select and keep optometry students. The main theme is balance out student expectations with reality (see first task) especially when many students use optometry as a proxy for later entry into a medical course.
The second problem is that the current entry demographic does not meet the needs in terms of culture and expected practice location Unfolding version of IM-569 by keith Masnick
Clone of optometry student recruitment, training, retention and expectations
This model is to explain the relationships among different players in a real estate marketplace,
including the simple economic concept, for example, demand, supply, price, etc.
The model is basically two years monthly based. It starts with a relationship
between demand, supply and price. These three main determines are
interdependent and affect other others. Moreover, there are few variables in
the model, the price elasticity of demand and supply are included in order to
successfully predict the flow of price since all determines are dynamic numbers
but not a fixed number. Simultaneously, buying and selling ratio are in the
model to demonstrate the proportion of residents and owners to buy and sell. When
people are highly interested to buy a new home, their motivation are based on
the demand and supply in the market. If demand goes up, supply goes down, price
will go up. If the price goes down, demand will soon goes up because the price
is low so people can become home buyers.
·
When the supply in the
market is high, no home owners would like to sell their homes because the price
is low and they are not able to maximize their profit. Once the supply goes up and demand goes up, homes
will add stock into market so more homes will be for sale.
·
If people become home buyers
and new homeowners, the flow will go back to people because they become owners
and their homes can be sale afterwards. Hence if a home is sold then it can
come back to homes. Sales are done deal when a home for sale becomes a sold
home and a home buyer becomes a new home owner.
·
Finally, price is determined
by the buying ratio and selling ratio. Buying and selling ratio are basically
calculated from homes for sales, total homes, total population and home buyers.
Though the peak and downturn of buying ratio and selling ratio are significant
factors to decide the value of a home.
·
Sliders are added to let
readers to change the parameters to have different stimulation results.
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Assignment 3 - Real Estate Market modelling diagram. Sean Yeung 43808360
THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES TURBULENT CHAOTIC DESTRUCTION
The existing global capitalistic growth paradigm is totally flawed
Growth in supply and productivity is a summation of variables as is demand ... when the link between them is broken by catastrophic failure in a component the creation of unpredictable chaotic turbulence puts the controls ito a situation that will never return the system to its initial conditions as it is STIC system (Lorenz)
The chaotic turbulence is the result of the concept of infinite bigness this has been the destructive influence on all empires and now shown up by Feigenbaum numbers and Dunbar numbers for neural netwoirks
See Guy Lakeman Bubble Theory for more details on keeping systems within finite working containers (villages communities)
Clone of THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES CHAOTIC TURBULENCE (+controls)
The dynamics of health care spending, or why it keeps growing. Adapted from Fig 7.6 p154 of Sauwakon Ratanawijitrasin's PhD thesis SUNY Albany 1993 "The dynamics of health care finance: A feedback view of system behavior."
The dynamics of health care spending, or why it keeps growing. Adapted from Fig 7.6 p154 of Sauwakon Ratanawijitrasin's PhD thesis SUNY Albany 1993 "The dynamics of health care finance: A feedback view of system behavior."
