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What is the best policy to reduce unemployment?

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Why go to university?: the economics of higher education

Population growth and structure

Demography is the study of population change and structure, both of which have an important influence on the economy. Peter Smith explores some of the issues

A key driver of the birth rate is the average number of live children born per woman

population growth, demographic transition, education and healthcare, ageing population

The population of a country changes slowly through time, but both the size and the structure of the population affect the economy in the long run. Population growth can increase pressure on resources, in particular in providing education and healthcare for the young. However, in the longer term, population growth can lead to an increase in the size of the workforce. The age structure of the population affects the way in which resources need to be allocated in providing healthcare for the elderly and education for the young.

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Previous

What is the best policy to reduce unemployment?

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Why go to university?: the economics of higher education

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