Login with Facebook
Close

Factors of Demographic Data Collection

It is important to know if a species is heading to the extinction of how much of it is being reproduced. And this is why the economics of the population problem has become a major subject of study today. Demographics is a subject in economics that helps us to understand the size, status, and behavior of populations. When a government wants to develop new policies for economic development or allocation of public resources, it uses data from factors like sex, level of education, homeownership, and physical locations to make more informed decisions. This is demographics, and it's useful in a wide range of applications.

The problem of overpopulation does not only touch the human species but other living things as well. A population is a group of individuals of one species living and interbreeding within a specified ecosystem. Members of this group depend on the same resources, and they are subjected to similar environmental constraints. They also rely on the availability of persistent other members over time. Economic data is collected from populations to make different decisions. This information is collected through the examination of individuals within a population who interact with each other symbiotically. They also look at how the said population exists with the general environment. Population ecologists look at demographics as a tool for objectively studying populations. Scientific measures called demographic parameters are used to explain these populations, as stated by Lebreton et al. 1992. Demography is a field of science involved in the collection and analysis of these numbers.

Understanding the population begins with understanding demographics. In this case, we can define demography as the study of the features of the population. As a result, demographics offer a mathematical representation of these features and how they change with time. Demographics can also use statistical factors that affect the growth and/or decline of population. There are so many factors involved in this case, but only a few of them like population size, density, age structure, birth and death rates, and sex ratio are the most important. When firms are making investment decisions, they use these factors to search for and use the most useful information. Even where other parameters are not applicable, you will realize that these parameters are always available. Consider, for instance, a firm asking new customers to subscribe to their newsletters using emails, among the questions asked is always age and sex.

In economics, the population is crucial to understanding how to share and use public and natural resources. In one of our previous lessons, we looked at scarcity as a crucial factor that impacted firms' and individuals' decision-making. People are always making a decision, which is founded on the resources available. If one thinks that going for a vacation is better than buying a new car, they will make this decision based on their financial standing. It is these resources that tell one when to save and when to invest. When an economy is on a downward growth trend, households will spend less and save more. On the other hand, upward growth in an economy leads to more spending and less saving. This behavior is mostly determined by such households' income, which is another crucial factor in resolving the population problem.

Economic studies rely on data and lots of data. Economists and policymakers understand that there is nothing much one can do if they don't have the right information. Hence, they will apply available resources to collect, store, and use population data. As stated above, the population is the main parameter for determining economic growth. This is because firms and markets need people to work in their industries through labor supply while they demand. If there are not enough people from a population, it becomes hard for a company to employ a competitive workforce, leading to its failure. And even though technological advancement has changed the labor market, it is still people are run the machine, making it important to invest in human capital.

In a nutshell, demographics are one feature of economic development that should never be ignored. We all understand the effects of overpopulation, even before the importance of having a controlled population within an economy. The limited volume of natural resources only leads to a scramble for the resources, which creates high demands and increased prices. Demographic data can be used by both firms and governments to make proper decisions to apply and share these resources. To better understand the significance of demographic data, we need to know the different parameters commonly used by economists.

The size of a population

The number of individuals with a population is the most important parameter of demographic data. You may have seen or got involved in a census exercise. This exercise seeks to understand the number of people within and ethnic group, a community, race, their children, men, women, and their economic activities. The information is then applied in the proper allocation of public resources in a present subjectively distinct geographic location. This concept may seem simple. However, locating an individual during the national counting exercise is quite hard. And this is why sometimes experts estimate the figures in a small area of sampling or by extrapolation on a larger population. No matter the challenges in collecting this data, it is important for this population's characteristics to be captured. The dynamics of the whole population is not something that can be taken lightly.

In most cases, the specified population's economic activities and orientation are determined by how many individuals are make up the location and their general environment. During a census, capturing a small population is extremely important. This is a group that may be facing potential extinction, as stated by Caughley, 1994. Members of such a population may not easily find quality mates, which means fewer individuals mate, while the rest risk interbreeding. Apart from this, small populations face a higher risk of random deaths through natural events like floods and diseases or manmade issues like wars. Some of them are even chased from the homes and scattered in different regions by other larger communities.

Larger populations are not left behind in the share of problems. Populations that are near the maximum sustainable size (the carrying capacity) show characteristic behavior. For instance, there is more competition for resources, which, as stated above, become limited, the more they are used. There are also shifts in predator-prey relations, as well as reduced fecundity. When a population begins to exceed its carrying capacity, it starts to experience what is known as the environmental degradation of the natural habitat available. The division of public resources depends a lot on the population's size. Areas with more people are allocated more resources, whereas those with fewer people are allocated fewer resources.

Also, economic activities in densely populated areas are more pronounced than those with fewer people. This is why when a company wants to introduce a new product in the market; they consider how many people are in their target area. They don't just do it because they must, but also because it determines market growth. Factors like migration are mostly used in understanding population problems. Some governments have tried starting projects in rural areas to try and localize individuals. Population is one issue that will always affect economic growth, and knowing how many people live within a specified region leads to better decision making.

Population density

Many people have confused population density with population size. And while these terms are used interchangeably, there is a huge difference. Population density is included in a more comprehensive definition of the population size. Density concerns the amount of space a population holds. In other words, it not about how many people are in an area, but how much area a certain number of people occupy. And hence, density is mostly expressed as the number of people per unit area – it is the volume of an individual. For instance, what is the number of crows per square kilometer (Andren 1992)? Just like any other on population property, density is quite dynamic, which means it changes over time as the population increases or decreases. Closely related individuals will maintain a very different density.

In an urban area, population density is a major determinant of overpopulation. Certain areas have more companies, and hence, more people than others. This also determines the levels of employment and unemployment. Note that the labor market competition is higher where more people live than where few people are, although it depends on how many firms are in the region. A higher population density creates a bigger risk of exhaustion of natural resources, which can be catastrophic to the environment. Economists and policymakers use this data to create guidelines and policies that balance the human-environment relationship. Density-dependent factors like competition, migration, and scarcity increase with an increase in population density. On the other hand, density-independent factors like weather, fires, and flooding are constant, regardless of the population density. But it's the density-dependent factors that are most worrying.

Age

Each individual plays a role within a population. However, not everyone plays and an equal role. Researchers sometimes find it important to categorize the different contributions each individual plays. One of the categories includes age-specific parameters known as cohorts. For instance, when taking a census, people are categorized as juveniles and sub-adults. They then create a profile based on these groups' size and age-structured to determine how likely and fast this population is likely to reproduce. This data is used to predict future growth. When a population is likely to expand rapidly, they are characterized by larger cohorts, while stable populations have evenly distributed age classes. Declining populations have a larger number of older cohorts, as stated by Lebreton et al. 1992.

Such data can be used in determining target markets for specific products. If, for instance, a company is selling life insurance policies, they consider the ages of individuals in a specific region. The older they are, the more premiums they are likely to pay. Apart from this, governments use demographic data to distribute natural resources. In the labor market, competition is eminent among the old experienced workers and the younger, energetic employees. Most companies employ based on their long-term and short-term goals, which is another serious parameter for making investment decisions. Also, each age group is characterized by varying consumption needs.

Fecundity

When we consider age structure, we find that some individuals have more impact on the population than others. Fecundity is used when describing the number of offspring, and individuals or a population is likely to give within a specified period. Demographic studies calculate fecundity in terms of birth rates based on age. For instance, it can be expressed as the birth of female individuals per unit time or the number of births per given number of individuals. Attaining maximum fecundity in the ecosystem is only theoretical. However, every location uses different measures to control its population, which is another important approach to the population problem.

Mortality and Birth rates

The rate of mortality and birth are two other crucial parameters that affect a population. Mortality measures individual deaths in a population, serving as a counterbalance to the issue of fecundity. Fecundity is simply another term used to describe birth rates. If the number of deaths is higher than the number of births within a population, it negatively affects the natural growth of that population. Instead of overpopulation, we have underpopulation, which can lead to extinction. Economists need to understand that figures as it helps them tell which economies are at the risk of collapse. The data from research concerning mortality and birth rates can help policymakers develop measures to save the population.

Population problems are not a new thing in economic studies. The interaction between living things and the environment is studied for the benefit of natural environment conservation. And since economic development is dependent on these factors, it's crucial for demographic dataData Collection, which is vital for statistical analysis of economies to be examined.

Author: James Hamilton


Need a custom
essay?

We will write it for you.
Order now

Free Essay Examples

Free essays:

All you need to know about Neuroendocrinology
All you need to know about Big data management
All you need to know about digital special effects
All you need to know Technical Writing?
Basics the Game Theory in Cryptoeconomics
Business innovation ideas for making money
Biosensors for cancer diagnosis
Business Analysis: Pricing strategies and Demand Curve
Cognitive Computing- How does Cognitive Computing work?
Consciousness: characteristics and peculiarities
Conservation Economics
Cybersecurity in business: challenges, risks, and practices
Demographic trends and how they affect Economic Growth
Dance as an art form and entertainment
Discrimination Economics
Determinants of Wages
Everything you need to know about short-term memory
Economic and Policy Impacts of Demographics
Ethics: an essay on the understanding of evil
Emotions: what are they? Theories explained
Factors of Demographic Data Collection
Factors Affecting Purchasing Behavior
Financial Statement Analysis
Factors Influencing Interest and Exchange Rates
Government's Intervention in The Labor Market
Guide on the Pathways of the nervous system
Game theory in microeconomics
Globalization: definition, causes, social impact and risks
How Relativism Promotes Pluralism and Tolerance
How to use the audience’s feedback to write a news report
History of silent cinema
How news report can be strengthened through multimedia
Introduction to Population Problems
Imperfect Information and Asymmetric Information
Imperfect Information in Insurance
Introduction to Labor Markets
Journalism: What is News?
Journalism: Broadcast media and Television Presenters
Journalism: Sources of News
Journalism and Law
Key Determinants of National Income
Key Factors That Affect Pricing Decisions
Kinetic models in biology and Related fields
Know about the different forms of traditional African dances
Latest technology trends
Latest dance trends
Magnetoencephalography (MEG)
Microeconomic Analysis to the Demand for Labor
Neuromuscular disorders
National Economies, Fluctuation, and Responses to Fluctuations
Neurotransmitters: what they are and different types
Nanomedicines to target tumors
Objections to utilitarianism
Organizational motivation and its effects
Overcoming Hiring Challenges for Nonprofit Organization
Population Demographics
Recurrent neural networks (RNN) for speech detection
Russian School of Mathematics
Research and Development
Risk Sharing in Insurance and Asset Markets
Stochastic optimization methods in deep learning?
Structure of the nervous system
Structure of a Corporation
Schizoaffective disorder: how to live better with it
The climate change denial
The techniques of basic cinematography
The Endosymbiotic Theory
The Role of Internal Audit in Corporate Risk Management
Unions
Unemployment
Utilitarianism Vs. Kantianism
Understanding Auctions and Auction Theory: Part 2
Various theoretical perspectives of sociology
Virtual reality, what it is and how it works
What are the linear models in machine learning?
What is Convolutional Neural Network
4 Facts about Origin of Mathematics!
5 techniques to create an animation
10 emerging technologies according to World Economic Forum
10 strategies to maximize corporate profits
3d Model Of Building
6 Medical Technologies that revolutionized the healthcare in 2020
All you need to know about the ACA Code of ethics
Architecture and Democracy: An Introduction
Architecture and Democracy: Democratic Values
Architecture and Democracy: Democratic Procedures
All You Need to Know About a Synthesis Essay
An essential guide to understanding Film Theory
Application of Artificial Intelligence in Cyber Security
Applications of electrical engineering
Augmented reality: what it is, how it works, examples
Advantages And Disadvantages Of Social Networking
All you need to know about Cryptography
Applications of astrophysical science
All you need to know about architecture engineering
Applications of geological engineering
Artificial intelligence and medicine: an increasingly close relationship
An insight into Computational Biology
ACA code of conduct
A Rose for Emily
Applications of Mathematics in daily life
Architecture mistakes to avoid
All you need to know about Toxicology
All you need to know about Holistic Medicine
All you need to know about linguistics
An introduction to Linguistics and its subfields
All you need to know about Anxiety disorder
All you need to know about Drones
A Brief Insight into Political Science
Assumptions related to feminism
All you need to know about Byzantine emperors
All you need to know about labour economics
An insight into xenobots -the first-ever robots
An ultimate guide about Biomaterials
A Comprehensive Introduction to the Mona Lisa
Analysis methods of Transport through biological membranes
An ultimate guide about biochemical reactions
Analysis of brain signals
Artificial Gene Synthesis
Application to synthetic biology of CAD methods
All you need to know about metabolic pathways
Applications of BIOMEMS
All you need to know about the epidemiology
Asian vs. western leadership styles
All you need to know about Smart prosthesis
Analysis of Economy: Output of Goods and Services (GNP), and GDP on Economic success
A Guide to Pricing Strategies
An Overview Of Economic Studies
Analysis of Fiscal and Monetary Policies
Analysis of Business Cycles
Analysis of Consumption and Investment
A Look into Regression Analysis
Analysis of Household's Consumption and Savings Behavior
All you need to know about Capital Budgeting
All you need to know about risk management
Art looted in wartime.
Appropriate use of Data in Economics
All you need to know about reaction kinetics?
A historical overview of Financial Crises
All you need to know about management discipline?
An insight into the error-correction models
All you need to know about Data visualization
All you need to know about Work-family balance
All you need to know Technical Writing?
All you need to know about digital special effects
All you need to know about Big data management
All you need to know about Neuroendocrinology
How to Write a Personal Essay
Housing Needs in America
How to Write a Description Essay
How to Create an Excellent Scholarship Essay?
How to write a cause and effect essay
How to Hire the Best Essay Writing Service Provider?
How to Write a College Application Essay?
How to get the most out of your English lectures
How to write Expository Essay
How to succeed in your psychology class?
How to Write an Academic Essay in the Shortest Time?
History of Journalism
How Different Sectors are Using Artificial intelligence (AI)
How to write an informative essay
How to deliver persuasive essays?
How to Give a Convincing Presentation
How to write an essay on leadership?
Historical Art Still Around Today
Humanoid robot: what it is, how it works and price
History of Chemistry
Healthcare Advanced Computer Power: Robotics, Medical Imaging, and More
Healthcare AI: Game Changers for Medical Decision-Making and Remote Patient Monitoring
How to understand different types of English
How to Cope with Chronic Pain
How African American choreographers and dancers have influenced American dance
How mobile robot can do in logistics or in production
How To Become a Successful Entrepreneur
History of the Philosophy of Feminism
How is the climate changing?
How to Track Your Content Marketing ROI
How to Gun control In the USA?
Historical and contemporary role of labour in the modern world
How breast cancers are classified?
How the cells of our body communicate?
How the Lymphatic System Works?
How Digestive System Works
How to complete your capstone projects effectively?
How to write a research project
Healthcare technologies that help patients with better self-management
How to choose the topic of the senior capstone project
How to make your business survive at economic crisis
How can immigrants blend in the American society?
How does the economics of war affect society?
Hate speech on social media.
How to Build an Economic Model
How to start a healthcare startup?
How can financial illiteracy harm you?
How cancer is developed - Cancer biology
How to define the Enterprise Value
How to conduct economic research?
How women can manage sexual harassment
How to use quotes in your news reports?
How news report can be strengthened through multimedia
History of silent cinema
How to use the audience’s feedback to write a news report
How Relativism Promotes Pluralism and Tolerance
Introduction to Urban Studies
Importance of dance in education
InMoov: how to build an open source humanoid robot
Importance of KYC verification to making the Blockchain secure
Importance of Rhythm
Importance of dance student evaluation
I/O control methods -types and explanations
Identity theft: what to do?
Introduction to Utilitarianism
Importance of 3d Modelling in Architecture
Importance of online journalism
Image processing in medical diagnosis
Introduction to USA Politics
Introduction to Comparative Politics
International Relations as a Major in Political Science
Importance of modern trade policy
Introduction to Journalism
Introduction to Writing a TV Script
Introduction of Microfabrication techniques
Introduction to Microeconomics
Interaction of Consumer and Firm Choices in Markets
Importance of corporate sustainability
Issues in International Monetary Macroeconomics
Introduction to Statistics and Data for Economics
Introduction to Data and Probability for Economics
Introduction to the Game Theory
Introduction to Econometrics
Introduction to Economic Information
Introduction to Market Equilibrium
Introduction to Economic Models and Application
Introduction to Empirical Research
Introduction to Econometric Data
Importance of Critical Thinking, Principles, and Goals
Introduction to Identification and Causal inferences
Introduction to Econometric Application
Intermediaries and Government in Financial Crisis
Importance and seven principles of quality management
Illiteracy in the USA
Introduction to Economics of Law
Introduction to Coase Theorem
Introduction to Social Choice and Incarceration
Intellectual Property and Product Liability
Investment in Human Capital
Introduction to Labor Markets
Imperfect Information in Insurance
Imperfect Information and Asymmetric Information
Introduction to Population Problems
The Looming Energy Crisis in America
Top benefits of performance-based engineering
The More Languages You Know, The More Times You Are a Man
Things to consider while writing an Argumentative Essay
Top Ways to Improve Your Academic Writing Skills
Tips to Excel in Creative Writing
The origins of films in the early 19th century
Top career options in Architecture
The Elevator Pitch
Top finance trends 2020
The basic Structure and functionality of robots
The Way to Success
The election system of the President in the United States of America
Two-party System in United States of America
Top trends in urban design
The history and theory of African American filmmaking
Top benefits of creative writing
Tinnitus Guide: Common Symptoms and Treatment Options
The language of dance
The digital image processing management
Top famous politicians of the World
Top methods of political science!
The history of the feminist movement
The blood flow in cardiovascular system - Biofluid Mechanics
The best of Leonardo Da Vinci
The Structure and Function of Macromolecules
The structure of cell: a research on the bricks of the human body!
Tissue and organ construction: Adhesion and recognition between cells
The kinetics of the transformation processes
The Modeling of Biological Systems
Tips for writing a great thesis statement
The Defense mechanisms against infections
The impact of the technological innovations in medicine
Top journalism trends to know about
The relation between mass media & politics
Theranostics: Diagnosis and Care through Nanoparticles
The practical Applications of X-rays
The applications of Ultrasound in medicine
Transfer mechanisms of genetic information in Bacteria
The regulation of cellular metabolism in the diagnosis
The Principles of MRI Contrast agents
The technical basis of optical coherence imaging
The New Media: Emerging Trends
The Structure of Interest Rates and the Yield Curve
Technological perspectives and reflections of neural engineering
Types of bioreactors and their applications
The Role of Government Policy in Improving Economic Outcomes
Types of corporate responsibility
The Role of IMF in International Monetary Macroeconomics
Tools for investment decision making
The concept of Organizational Culture and its applications
The Conduct of Monetary and Fiscal Policy
The Basics of Financial Accelerator Models
Tips for labeling medical devices- Medical Entrepreneurship
The different medical imaging techniques
The Economics of Uncertainty – Introduction
Theories of Public Policy
The Game Theory in Social Media
The political theory of Thomas Hobbes
The Use of Law on Economics and Vice Versa
The Role of Internal Audit in Corporate Risk Management
The Endosymbiotic Theory
The techniques of basic cinematography
The climate change denial
What is a Definition Essay?
What are diagnostic essays?
What is the relation between art structural engineering?
What is a Narrative Essay
What are robotics and intelligence systems?
What are the benefits of studying health sciences?
What is artificial intelligence and why it matters?
What is comparative Literature?
Why study neuroscience
What is Wi-Fi and how does it works
What is French history famous for?
What are Humanistic Studies?
What is covered in Biophysics?
What is modern journalism?
What is Virtualization? Benefits & Applications
What are modern public relations?
What is plasma physics?
What is teacher preparation?
What is rapid prototyping for 3D printing?
What is contemporary European Politics?
Why should you learn American Ballet?
What is engineering physics?
What is the purpose of African American Literature?
Ways to learn the Rhythm
What is digital art used for?
What are Enzymes and how do they work
Who is the father of political science?
Why Study Political Science - Job?
What is the Philosophy of Feminism?
What is a quantum computer?
Ways B2B Startups Streamline Their Conversion Strategies
Why do biomedical signals need processing?
What are the long term effects of climate change?
Why study labour relations
What is Holoprosencephaly?
What is antisocial disorder?
What are the important principles of evolution?
What is the cytoplasm and its function?
What is biopolymers?
What Makes a Good Leader
Women empowerment in modern generation
What is the history of political thought?
What is Gene recombination
What is synthetic biology
What is business cost analysis?
What is Inflation
What are the consequences of unemployment?
What is lithotripsy and its types?
What is transition elastography?
What is the purpose of deep brain stimulation?
What is a Brain-Computer Interface (BCI)
What is neuroethics?
What is Market and Supply and Demand
What is optogenetics?
What are the techniques to record brain activity?
What happens if the interest rate increases?
What is immunotherapy?
What is the economic role of the financial market?
What are the factors behind illegal immigration?
What is the lymphocyte activation?
What is financial market and its types?
What is the structure of financial markets?
What are the methods of measuring business performance?
What is the Credit market?
What is business ethics and code of ethics
What are the Causes of financial instability?
What is MBA with Concentrations
What is regenerative medicine?
What is Population ecology?
What is Microfinance: evolution, and practices?
What is biotechnology and its applications?
What are Workplace diversity and its benefits?
What is the difference between a leader and a manager?
What Is Branding and best branding Business strategies?
Why are microelectronics important?
What are biologic drugs.
What is the Foreign Exchange market?
What is the role of scientific research in times of crisis?
What are the risks of international trade?
What is financial management?
What is gene therapy?
What is education economics?
What is regression analysis, and why should you use it?
What Is Technology Marketing And How Should It Work?
What is Management Accounting
What are the methods of valuation of companies?
What is Immune System and Immunotherapy?
What is big data analytics?
What is the 7 layers of OSI model?
What is Neuroplasticity?
What are Sculpture art and its types?
What are the different genres of films?
What is Transcranial magnetic stimulation (TMS)?
What is TES-Transcranial electrical stimulation?
What is Relativism?
What is Vaccine skepticism, and what to do about it?
What happens in the brain when learning?
What is the deep neural network?
What is Convolutional Neural Network
What are the linear models in machine learning?