Thursday, May 7, 2015

Demography and Economics


The meaningful contribution to demography both in theory and application has come from economists. Population studies are being an essential part of course contents in graduate studies in economics. Population size, its distribution and skill quality ate key factors in the total production and utilization process. Labor supply and labor productivity are dependent upon the size and skill composition of the population supply. Resource management, employment generation and distortion in income distribution are key issues that confront today's economists more than what they did hundred years back. There can be no uncertainty that raising the level of living of people is very closely related to the population growth.
Population explosion in the developing countries has left some of their economic programs. Investment priorities of economic and development planning have often been derailed by the rapid population growth. Globalization and cheap labor in the developing countries have become contentious issues in World Tread Organization. Economic issues have effects direct or indirect on fertility, mortality, emigration and immigration, population density, migration towards urban from rural and many human activities.


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