Round 1
Population refers to the total number of inhabitants of a particular country
What is population?
The changing size and structure of the population can also have effects on an economy
What is population distribution?
The number of children that the average woman must have to maintain a stable population size
What is the replacement fertility rate?
The demand for goods and services changes with variations in population trends as customers have different depends based on age and gender
This exists when the output of goods and services per head of the population is maximised
What is optimum population?
What do economists think is a solution for scarce resources?
Is a comparison of the number of people who are not in the labour force with the number of people in active paid employment
What is the dependancy ratio?
Uncontrolled population would put pressure on the resources of the country which negatively impacts living standards
What is the consequence of population growth?
This refers to the active labour force who are willing and able to work. This consists of those in paid employment, the self-employed and the unemployed
What is the working population?
Population pyramids can provide insights into social political and economic stability of a country.
How may economists use population pyramids?