Describe briefly the theory of the demographic transition


Problem

Describe briefly the theory of the demographic transition. At what stage in this transition do most developing countries seem to be? Explain your answer? How does the microeconomic theory of fertility relate to the theory of consumer choice? Do you think that economic incentives and disincentives influence family size decisions? Explain your answer, giving some specific examples of such incentives and disincentives.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Describe briefly the theory of the demographic transition
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