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Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics. [1] [2]
Population growth is the increase in the number of people in a population or dispersed group. Actual global human population growth amounts to around 83 million annually, or 1.1% per year. [2] The global population has grown from 1 billion in 1800 to 7.9 billion in 2020. [3] The UN projected population to keep growing, and estimates have put ...
The economic growth-rates of countries are commonly compared using the ratio of the GDP to population (per-capita income). The "rate of economic growth" refers to the geometric annual rate of growth in GDP between the first and the last year over a period of time. This growth rate represents the trend in the average level of GDP over the period ...
Center for Population Economics. The Center for Population Economics (or CPE) is a research center at the University of Chicago Booth School of Business. The work of the CPE is funded primarily by the U.S.'s National Institute on Aging of the National Institutes of Health . Population Growth and Economic Development.
This explains the enormous economic growth around the world brought on by the industrial revolution. However, the two columns on the right also show that, for every region, population growth in the future will decline and, in some regions, go negative. The table also shows that two major economies, Japan and Germany, may face the same conditions.
Demographic dividend. Demographic dividend, as defined by the United Nations Population Fund (UNFPA), is "the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 ...
In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has ...
Economics is the social science that studies how people interact with scarce resources, such as money, goods, services, and natural resources. Economics covers a wide range of topics, such as production, consumption, distribution, trade, development, and policy. Economics can help us understand and address many real-world issues, such as poverty, inequality, unemployment, inflation, growth ...