Economics Assignment | Online Assignment

Write the same thing.
But this time, choose a topic in the list.

Problem Solving for Complex System
Assignment 1 – Individual Essay: First Sit
The media often reports on a range of grand challenges that are complex nature and having significant
social, political, environmental and economic effects. Such grand challenges include, you can choose a
different one:
• poverty and inequality
• climate change
• pollution
• drug trafficking
• modern slavery
• forced immigration
• prejudice and intolerance
• child exploitation
• Unemployment
• Etc.
Your task: Write an essay (2250 words excluding tables, figures and appendices) in which you analyze one
ofthe grandchallengefrom theabove listandexplain howitmight beaddressedwithacritical systems
approach. In your essay you should:
1. Choose a social problem.
2. Introduce the problem, present some general descriptive statistics about why it is a problem,
how many people are affected, etc.
3. Create a causal-loop diagram (minimum 20 variables): this is a hand-written diagram, you
do not need to use any software. Create a model similar to the example I create below about
poverty, of course, the model will be about the social problem of you have selected.
4. Based on what the causal-loop diagram you created explain, using your own words how the
problem is structure. Imagine you are explaining to a non-academic audience.
5. Based on your analysis, identify a number of “remedial” measures, in order to deal with the
problem. However, as a decision-maker, you might not have resources (time, money, human
resources) to put all those measures in place, so you need to pick your fight wisely, be
efficient. Then what will you do, what actions will you suggest to improve the situation.
5. Explain how the preferred course(s) of action will be.
6. 7. Present a general conclusion.
Each student is required to produce an in-depth systemic analysis of one problemcontext.
The students are expected to construct a system dynamics model—causalloop
diagram)—identifying any reinforcing or control loops, alternative courses of
action—leverage variables—and to alert about the possibility of undesirable
consequences.
Each student is required to identify at least one course of action identified as a
solution and to evaluate what the impact of that action could have given the model
constructed.
.
The student needs to identify what are those courses of actions and how those will impact in
the system, how those actions will modify the structure or behaviour of the “system”
(problem) under analysis.
Example of the Causal loop diagram