ECON 313 Chapter 6-9: Econ 313 short Chapters 6-9
9 Feb 2017
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Youth dependency ratio: the proportion of youths under the age of 15 to the working population aged. Hidden momentum of pop growth: the phenomenon whereby pop continues to increase even after a fall in birth rates because the la(cid:396)ge e(cid:454)isti(cid:374)g (cid:455)outhful populatio(cid:374) e(cid:454)pa(cid:374)ds the populatio(cid:374)"s (cid:271)ase of potential parents. Hmopg happens because: high birth rates cannot be altered substantially overnight. The second reason relates to the age structure of a country: if there are lots of young people, they will become parents too, and fertility cannot be decreased overnight. See models sheet for graphical explanation for malthusian and the utility thing. Specifically, birth rates among the very poor are likely to fall where the following socioeconomic changes come to pass: 1. An increase in the education of women and a consequent change in their role and status 2. An increase in female non-agricultural wage employment opportunities, which raises the price or cost of their traditional child-rearing activities 3.
