Demographic economics
Demographic Economics
Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics.
Pronunciation
/dɪˌmɒɡrəˈfɪk iːkəˈnɒmɪks/
Etymology
The term "demographic economics" is derived from the Greek words "dēmos" (people) and "graphō" (to write), and the Latin word "economicus", which is itself derived from the Greek "oikonomikos" (of household management).
Definition
Demographic economics is a branch of economics that provides a systematic framework for the study of choices made by individuals and households regarding marriage, divorce, childbearing, education, and migration, and their consequences for aggregate outcomes such as the growth and distribution of income and wealth.
Related Terms
- Demography: The statistical study of populations, especially human beings.
- Economic theory: A concept of methods or principles that economists use to understand how the world works.
- Population economics: A subfield of economics that studies the economic aspects of demography.
- Economic analysis: The process of examining statistics and market indicators to determine possible plans for the allocation of resources or the future direction of a business or economy.
- Vital statistics: The data relating to births, deaths, marriages, health, and diseases.
See Also
External links
- Medical encyclopedia article on Demographic economics
- Wikipedia's article - Demographic economics
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