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


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


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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