CAS EC 102 Chapter Notes - Chapter 4: Comefrom, Thomas Robert Malthus

• School: Boston University
• Department: Economics
• Course: CAS EC 102
• Professor: Jay Zagorsky

Document Summary

Populations of cities, nations and the world are key macro variables. More workers shifts the supply curve to the right. Also spreads the tax burden; gov"t has less need to tax businesses. When people are economically better, they give more births and can afford better healthcare. During good economic times, people immigrate for opportunities and people emigrate during bad times. Change in population = (births + immigrants) - (deaths + emigrants) a. Better data can be drawn by comparing by per person, not country. When countries have very different populations, not using gdp can make for a biased result. If population grows faster than economic growth, the gdp will fall. Many countries are trying to control their population to raise their gdp; China"s 1 child per family policy and india gave a large incentive for people to get sterilized b.