Question

In: Economics

Suppose there is a country in which 40% of people are below age 20, 40% are...

Suppose there is a country in which 40% of people are below age 20,
40% are between ages 20 and 40, and 20% are between ages 40 and
60. Assume no one lives above age 60 and the fertility rate is 4. The
initial population size is 100.
Compute the proportion of young, adult, and old after 20, 40, 60,
80, and 100 years.
Calculate the population growth rate over each period of 20 years.
(c) Assume a country with the same population composition but
with a fertility rate of 2 as a consequence of family planning
policies. Do the same exercise as in (a) and (b) above. What is
the effect of family planning policies after 20, 40, 60, 80, and
100 years on i) population growth and ii) the composition of the
population?

Solutions

Expert Solution

Since, the fertility rate is the same for all the age group so, the relative proportion of young, adult and old in the total population shall remain the same. Formula for projecting future population is following

Future Population = (Population in Current Year) × ert

e = natural logarithm base of 2.71828

r = Fertility rate divided by 100

t = Year for which population projection is needed

People

Population

Fertility Rate

N1 Future Year

Population after 20 Years

%age Share

Young

40

4

20

89

40%

Adult

40

4

20

89

40%

Old

20

4

20

45

20%

Total

100

223

100%

People

Population

Fertility Rate

N2 Future Year

Population after 40 Years

%age Share

Young

40

4

40

198

40%

Adult

40

4

40

198

40%

Old

20

4

40

99

20%

Total

100

495

100%

People

Population

Fertility Rate

N3 Future Year

Population after 60 Years

%age Share

Young

40

4

60

441

40%

Adult

40

4

60

441

40%

Old

20

4

60

220

20%

Total

100

1102

100%

People

Population

Fertility Rate

N4 Future Year

Population after 80 Years

%age Share

Young

40

4

80

981

40%

Adult

40

4

80

981

40%

Old

20

4

80

491

20%

Total

100

2453

100%

People

Population

Fertility Rate

N5 Future Year

Population after 100 Years

%age Share

Young

40

4

100

2184

40%

Adult

40

4

100

2184

40%

Old

20

4

100

1092

20%

Total

100

5460

100%

When Fertility rate is 2 then future population projection declines, however, the population composition will remain the same.

People

Population

Fertility Rate

N1 Future Year

Population after 20 Years

%age Share

Young

40

2

20

60

40%

Adult

40

2

20

60

40%

Old

20

2

20

30

20%

Total

100

149

100%

People

Population

Fertility Rate

N2 Future Year

Population after 40 Years

%age Share

Young

40

2

40

89

40%

Adult

40

2

40

89

40%

Old

20

2

40

45

20%

Total

100

223

100%

People

Population

Fertility Rate

N3 Future Year

Population after 60 Years

%age Share

Young

40

2

60

133

40%

Adult

40

2

60

133

40%

Old

20

2

60

66

20%

Total

100

332

100%

People

Population

Fertility Rate

N4 Future Year

Population after 80 Years

%age Share

Young

40

2

80

198

40%

Adult

40

2

80

198

40%

Old

20

2

80

99

20%

Total

100

495

100%

People

Population

Fertility Rate

N5 Future Year

Population after 100 Years

%age Share

Young

40

2

100

296

40%

Adult

40

2

100

296

40%

Old

20

2

100

148

20%

Total

100

739

100%


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