ECON 219 Study Guide - Midterm Guide: Business Cycle, Money Supply, General Agreement On Tariffs And Trade

• School: McGill University
• Department: Economics (Arts)
• Course: ECON 219
• Professor: Christopher Ragan

Document Summary

Population = births + net immigration deaths. These factors also tell us how the average age of the population will change. The decrease in birth rate reduces the population growth rate and increases the average age of the population. Due to large increase in the participation of women in the canadian labor force. Significant culture and religious changes in canadian society also contributed to the decline. Canada"s population growth rate is predicted to decline gradually over the next few decades, mostly driven by further modest declines in the fertility rate. Due partly to an increase in healthier lifestyles on the part of the average canadian including a reduction in smoking and alcohol consumption, modification of eating habits, and increases in regular exercise. Also due to improvements in medical and pharmaceutical technology. Average age of the canadian population has been rising. Falling birth rate implies that fewer young people are entering the population.