Home > Microeconomics > Is Population Growth Good for an Economy, or Bad?

Is Population Growth Good for an Economy, or Bad?

Most people associate high population growth with poverty and environmental destruction. After all, aren’t the largest countries the poorest?

Not so fast. The PPF is a simple model that helps us see how a population increase could expand production as well. To shift the PPF to the right, you need more technology, or more capital, or more labor…

But even without the PPF, what do we see? The world’s population has grown faster in the past 200 years than ever before.

And yet, so has GDP per capita:

Bonus question: who said 人多力量大?

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Categories: Microeconomics
  1. Mellisa Winata
    November 6, 2011 at 10:36 am

    是毛泽东说的,在我国刚刚改革开放的时候,我国是农业大国,当时毛泽东的想法就是
    :人多力量大.他认为人多就有大的力量,可以使国家快点富起来.当时每家每户都有
    5口以上,谁知道一发不可收拾,搞到现在有10几亿人口.

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