What implications does population and population growth have for countries? which condition is more problematic: over-population or under-population? In 1950, total world population was 2.6 billion people. According to the United Nations Population Division, “The world population is projected to reach 8.5 billion in 2030, and to increase further to 9.7 billion in 2050 and 11.2 billion by 2100.”1 Of course, population and population density are not equal across nations or regions. China and India are the most populous nations, Africa is the fastest growing region, and population in Europe is shrinking. What implications does population and population growth have for countries? In this paper you will use economics to explore which condition is more problematic: over-population or under-population? Take a stand on this issue and defend your position using economic models and evidence. You do not have to develop your own model for this paper, but the argument you develop – the way you weave evidence, data, examples, models, and concepts together into a logical and convincing whole – should be your own. If you choose, you may use a specific country or region to illustrate your point. You may choose either a microeconomics or macroeconomic approach in this paper. As suggested by the Journal of Population Economics, choices at the household or individual level include, but are not limited to, education, labor supply, migration, health, risky behavior, and aging. Relevant macro-level issues include economic growth with exogenous or endogenous population evolution, population policy, savings and pensions, social security, housing, and health care. You might also want to consider addressing the relationship between population and inequality or interactions between public policy and changes in population. Be sure to carefully articulate your thesis. This paper must include both a literature review and an analysis portion, which will be the heart of your argument. Draw on scholarly articles and economic models for the backbone of your paper. You should arrive at your conclusions using economic evidence, modeling, and argument. Be sure to carefully articulate your thesis, including the underlying considerations and assumptions you make. This paper must include both a literature review and an analysis portion. Draw on scholarly articles and economic models and concepts for the backbone of your paper.
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