Economics of Population

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Leaving Certificate Economics Mind Map on Economics of Population, created by james liew on 07/02/2016.
james liew
Mind Map by james liew, updated more than 1 year ago
james liew
Created by james liew over 8 years ago
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Resource summary

Economics of Population
  1. Population
    1. Demography: is the statistical study of human population
      1. Underpopulation: when an increase in population causes an increase in the average income per head
        1. Overpopulation: when an increase in population causes a decrease in the average income per head
          1. Optimum Population: is when the average income per head is at its highest possible level
          2. Trends in Births and Deaths
            1. Birth Rate: is the average number of live births per 1,000 people per year
              1. Fertility Rate: is the number of live births in a geographic area in a year per 1,000 woman of childbearing age
                1. Total Fertility Rate: is the average number of babies born to women during their reproductive years
                2. Death Rate: is the average number of deaths per 1,000 people per year
                  1. Infant Mortality: refers to the number of children out of every 1,000 born alive who die on or before their first birthday
                  2. Life Expectancy: is the number of years, based on statistical averages, that a given person of a specific age, class or other demographic variable may be expected to live
                    1. Density of Population is the average number of people per square kilometre
                      1. Migration
                        1. Net Migration is the difference between emigration and immigration during a period of time
                          1. Push Forces
                            1. Low Wage Rates
                              1. High Levels of Unemployment
                                1. Lack of Opportunities
                                  1. Religious persecution
                                  2. Pull Forces
                                    1. Employment opportunities
                                      1. Higher Wages
                                        1. Better Standard of Living
                                          1. A more attractive climate
                                          2. Economic Consequences of an Increase in Emigration
                                            1. Higher Dependency Ratio
                                              1. 'Brain Drain'
                                                1. Unemployment reduced
                                                  1. Demand for state services fall
                                                  2. Economic Consequences for a Country Experiencing Increased Immigration
                                                    1. Positive
                                                      1. Improved Dependency Ratio
                                                        1. Gov. Revenue increases
                                                          1. Increased demand for goods and services
                                                          2. Negative
                                                            1. Drain on state finances
                                                              1. Exploitation of immigrants
                                                                1. Pressure on provision of state services
                                                            2. The Census
                                                              1. It is the official count of the nation's people and a compilation of economic, social and other data, used by the government in the formulation of development policies and plans. It occurs every four years
                                                                1. Economic uses of a Census
                                                                  1. Demographic Changes
                                                                    1. Pension planning
                                                                      1. Infrastructural requirements
                                                                        1. Future levels of consumer demand
                                                                          1. Regional policy
                                                                        2. An ageing population is living longer, has an average life span that is increasing and has a growing percentage of the population who are in an older age bracket
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