Related Experiment Video
Updated: Dec 5, 2025

Predicting the Effectiveness of Population Replacement Strategy Using Mathematical Modeling
Published on: July 4, 2007
Modelling the economic impact of COVID19 under different policy choices: Mitigation versus suppression when time is a
1Centre for the Business and Economics of Health, University of Queensland, Australia.
Abstract:
Keogh-Brown et al.(2020) illustrate the application of economic modelling to inform and guide policy making during the COVID-19 pandemic in the UK. The methodology is based on linking a general equilibrium economic model to a simple epidemiological model of the infection. In this commentary a number of issues are discussed relating to the construction and application of the model, and the implications of the findings for government policies.
Related Concept Videos
Causality in Epidemiology
Mechanistic Models: Compartment Models in Individual and Population Analysis
Parameters Affecting Nonlinear Elimination: Zero-Order Input, First-Order Absorption and Two-Compartment Model
When a drug is administered through a constant intravenous infusion and eliminated via nonlinear pharmacokinetics, it follows zero-order input. For example, oral drugs undergo first-order absorption upon administration and are eliminated through nonlinear pharmacokinetics.
In the case of subcutaneously administered drugs,...
Exponential Equations for Modeling Growth
Econometric Views (EViews)
Social Traps

