IEcoS (Economic Services) Indian Economics Poverty, Unemployment and Human Development-India's Population Policy and Development Study Material (Page 5 of 8)

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Valuation of Environmental Goods: Market Prices, Shadow Prices, Hedonic Pricing Method, Dose Response Method, Travel Cost Method

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Valuation of Environmental Goods

Market Prices

  • Market price is realized when the demand for a product will equal its supply.
  • Since it is determined as a result of the interaction which takes place between number of buyers and sellers, it is considered to be a sort of equilibrium price. The benefit of the market price is that it is easy to obtain and it reflects the w…

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Demographic Dividend (New 2019) : Definition of Demographic Dividend, Context of Demographic Dividend, Advantages Associated with Demographic Dividend, Challenges Associated with Demographic Dividend

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Demographic Dividend (New 2019)

Definition of Demographic Dividend

According to United Nations Population Fund (UNFPA) , demographic dividend is defined as the economic growth potential which can result from shifts in age structure of population, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older) .

Context of Demographic Dividend

  • India has around 62.5 % of its population in the age group of 15 - 59 ye…

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