Population Growth

Question 1

Birth rate

Answer 1

of live births per 1000 people. Determined by demographic structure: # of ppl in childbearing yrs, and total fertility rate: # of life births an ave woman has in her lifetime; determined by age specific birth statistics

Question 2

Mortality rate

Answer 2

of deaths per 1000 ppl

Question 3

Stationary population

Answer 3

A pop w a 0 growth rate due to birth rate = mortality rate

Question 4

Replacement rate

Answer 4

The fertility rate that brings birth rate and mortality rate into balance within a pop. Leads to a stationary pop (25yrs)

Question 5

Output

Answer 5

O=L * X where o = output level, X is the output per worker, L is the # of workers. Dividing both sides by pop. O=L. X
P P
Output per capita (o/p) is determined by the multiplication of output per worker (x) and the share of pop (L/p) that is in the labour force

Question 6

Age structure effect

Answer 6

Results from changes in the age distribution of the pop.

Question 7

Youth effect

Answer 7

Result of rapidly growing pop creating a large supply of young people too young to work

Question 8

Femal availability effect

Answer 8

Rapid pop growth reduces the % of women able to join the labour force bc there are more children to care for

Question 9

Retirement effect

Answer 9

Result of a slowly growing pop creating a larger % of ppl over 65. Negative effect on economic growth

Question 10

Tech. Progress

Answer 10

Provides 1 means of escaping the law of diminishing marginal productivity. As long as there’s continual tech. Progress than pop growth will increase output per worker