Track: Engineering Economy

Abstract

The economic resilience on city level reflects the ability of the city to survive so as, not to fall, into undesirable conditions when shaken by a number of economic disturbances with a certain intensity. Research on economic resilience that has been conducted by other researchers examining, the economic resilience index shows that, the greater the value of the economic resilience index indicates that, a city is more resilient and the smaller the economic resilience index value indicates that, a city is increasingly resilient. This paper discusses the literature review to formulate a model of relative economic resilience on, city level with the paradigm that the phenomenon of resilience is in the context of disturbances, so it is not enough to only approach it with an index because the index cannot know the specifications of the disturbance and its intensity. The formulation of the problem in this study is that the economic resilience index is not the only appropriate tool to determine the economic resilience of a city. Economic resilience must be placed in the context of control model. The method used in formulating the economic resilience model is based on a method based on the relationship of three types of variables, namely disturbance variable, control variable, and concern variable.