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Let's put demography back into economics: Population pyramids in Excel

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  • Humberto Barreto

Abstract

The economics curriculum today does not emphasize the study of population. This needs to change immediately because we are in the midst of another demographic sea change, slamming on the brakes right after a rapid acceleration during the last half of the twentieth century. Instead of glibly tossing a dependency ratio onto a slide, this article offers an easy way to improve demographic literacy using population pyramids. Simulation is used to explain the pyramid and its dynamic properties, and then real-world data are presented. Microsoft Excel's ability to act as a browser and download data with a single click of a button provides a flexible, powerful tool to explore historic, current, and predicted age-distributions of various countries. Download PopPyr.xlsm from https://archive.org/details/PopPyr.

Suggested Citation

  • Humberto Barreto, 2018. "Let's put demography back into economics: Population pyramids in Excel," The Journal of Economic Education, Taylor & Francis Journals, vol. 49(1), pages 91-102, January.
    • Handle: RePEc:taf:jeduce:v:49:y:2018:i:1:p:91-102
    DOI: 10.1080/00220485.2017.1397577
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    Cited by:

    1. Humberto Barreto, 2018. "Cuban Demography and Economic Consequences," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 28.
    2. Jessica K. Wallingford & William A. Masters, 2023. "Least-cost diets to teach optimization and consumer behavior, with applications to health equity, poverty measurement and international development," Papers 2312.11767, arXiv.org.

    More about this item

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • J1 - Labor and Demographic Economics - - Demographic Economics

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