University of Nevada, Reno Department of Economics ECON 493/693 – Special Topics: Economics of Population and Demography (Tuesday & Thursday 4:00 – 5:15, AB 108) Spring 2008 Mehmet S. Tosun Office: 319F Phone: 775-784-6678 Email: tosun@unr.edu Homepage: http://www.coba.unr.edu/faculty/tosun Office Hours: W 3:00 – 5:00 pm or by appointment. Course Objectives: This is a course in population economics and demography. Topics include: world population growth and the elements of formal demography; the causes of population growth (analysis of the demographic transition); consequences of population growth (Malthusian theory, Malthusian versus modern economic growth, population aging, interaction of population and environment); and population and migration policies. The course will put a strong emphasis on public policy issues surrounding population and demography. Specific objectives are to: 1. Understand world, regional and sub-regional population trends and future projections. 2. Learn the theories of the economics of demography and population. 3. Discuss issues related to population such as population aging and international migration. 4. Explore public policy responses to population and demographic issues. Required Book: Weeks, John R. 2007. Population: An Introduction to Concepts and Issues, Tenth Edition. Belmont, CA: Thomson Wadsworth. Recommended Books: Livi-Bacci, Massimo. 2007. A Concise History of World Population, Fourth Edition. Malden, MA: Blackwell Publishing. Malthus, T.R. 2004. An Essay on the Principle of Population. New York, NY: Oxford University Press. (original published in 1798). Myers, Dowell. 2007. Immigrants and Boomers: Forging a New Social Contract for the Future of America. New York: Russell Sage Foundation. 1 WebCT: There is a class web site available through the University WebCT (Blackboard Learning System). To access the class page through WebCT, go to https://webct.unr.edu/webct/ and login using your UNR NetID for the username and your NetID password for the password. You should be able to see this course in the course list after you login. I’ll put course related material (Powerpoint slides, assignments, announcements, interesting articles, etc.) on the web site so you should check this site regularly. Reading Assignments: These will be provided to students on the class web site (WebCT) or as handouts during class. Background and Reference Texts: Diamond, Jared. 2005. Collapse: How Societies Choose to Fail or Succeed. London, England: Penguin Books. International Monetary Fund. 2004. World Economic Outlook: The Global Demographic Transition (September). Chapter 3. Washington, D.C.: IMF. Rosenzweig, M.R. and O. Stark. 1997. Handbook of Population and Family Economics. North-Holland. Yaukey, David, D.L Anderton and J.H. Lundquist. 2007. Demography: The Study of Human Population, Third Edition. Long Grove, IL: Waveland Press, Inc. Grading: The course grade is based on two homework assignments (10% each), a policy essay (30%), class participation (10%), and a take-home final exam (40%). Attendance to all class sessions is mandatory. Late Assignments and Missed Exams: Students are expected to complete the assignments by the announced due dates. Failure to do so will result in zero credit for that assignment. There will be no make-up exams without prior approval except under extremely unusual circumstances. Policy Essay: The objective here is to provide students with a basic research experience on the public policy aspect of population and demographic changes in a world region, country or a sub-region within a country. More information on the policy essay will be provided during the course. The writing of such an essay normally includes the following four steps: Brainstorming: Come up with three policy ideas that interest you the most. You can discuss these with me during my office hours. You will then choose one of these ideas as a research project for this semester. Proposal: Write a one-page proposal explaining your policy question. You should explain why you chose that specific question and why it is of policy interest. Outline: Combine your proposal from the previous stage with a detailed outline that includes a preliminary list of references. 2 Presentation: Present your essay to the class for comments. The draft should be distributed in class one week before the presentation. Special Class Sessions: I plan to bring guest speaker(s) to complement our regular class sessions. One scheduled so far is Jeff Hardcastle who is the State Demographer for Nevada. Class Courtesy: Late arrival should be an exception. When necessary sit on entering side; do not disturb class. Early departure should be an exception – only in an emergency or with prior consultation. Early preparation for departure – please don’t. Talking – with everyone or with no one. Students with Disability: If you have a disability and will be requiring assistance, please contact me or the Disability Resource Center (Thompson Building Suite 101) as soon as possible to arrange for appropriate accommodations. Academic Integrity: Honesty and personal integrity are key facets of the University of Nevada community. The issue of academic integrity is taken very seriously at the University and College of Business Administration. Since the majority of students take pride in total academic integrity, it is hoped that you, as a student, will take action to influence the practice of integrity in academic community. I understand that students feel pressure to perform well in their classes, and I will do everything that I can to ensure that you have the resources necessary to succeed. However, cheating on exams and course assignments will not be tolerated, and students who fail to comply with the University’s honor code (www.unr.edu/stsv/acdispol.html, www.unr.edu/stsv/nsop/dishones.htm) will be subject to the maximum university penalties. Please visit the university website if you are unfamiliar with the actions which constitute academic dishonesty. 3 Course Outline: 1. Introduction to Population and Demography Week 1 – Week 4 (January 22 – February 12) Introduction to Demography: Weeks Chapter 1 Global Population Trends: Weeks Chapter 2; Livi-Bacci Chapter 2; IMF Chapter 3 Demographic Perspectives: Weeks Chapter 3 Demographic Data: Weeks Chapter 4 2. Causes of Population Growth Week 4 – Week 8 (February 14 – March 11) Fertility Transition: Weeks Chapter 6 Health and Mortality Transition: Weeks Chapter 5 Migration Transition: Weeks Chapter 7 3. Consequences of Population Growth Week 8 – Week 12 (March 13 – April 8) March 25, 27, Spring Break – No Classes Age Transition: Weeks Chapter 8 Population Aging: Weeks Chapter 8; IMF Chapter 3 Malthusian Theory: Malthus Chapters 1-3 Economic and Fiscal Consequences of Higher or Lower Growth: Livi-Bacci Chapter 3 4. Population, Demography and Public Policy Week 12 – Week 16 (April 10 – May 6) Population and the Environment: Weeks Chapter 11 Population and Government: Weeks Chapter 12, Myers Chapter 7-12 Population and Migration Policies: Weeks Chapter 12 Future Changes: Weeks Chapter 12 4 Additional Readings: 1. Introduction to Population and Demography Population Reference Bureau. 2007. “Population: A Lively Introduction,” Population Bulletin, (March). 62 (1). Population Reference Bureau. 2007. “World Population Highlights: Key Findings from PRB’s 2007 World Population Data Sheet,” Population Bulletin, (September). 62 (3). International Monetary Fund. 2004. World Economic Outlook: The Global Demographic Transition (September). Chapter 3. Washington, D.C.: IMF. 2. Causes of Population Growth International Monetary Fund. 2004. World Economic Outlook: The Global Demographic Transition (September). Chapter 3. Washington, D.C.: IMF. Martin, Philip and Jonas Widgren. 2002. “International Migration: Facing the Challenge,” Population Bulletin, 57 (1). 3. Consequences of Population Growth Kahanec, Martin and Mehmet S. Tosun. 2007. “Political Economy of Immigration in Germany: Attitudes and Citizenship Aspirations,” (November). IZA Discussion Paper No. 3140. http://ftp.iza.org/dp3140.pdf Myers, Dowell (Chapter 1). Razin, Asaf, Efraim Sadka and Phillip Swagel. 2002. “The Aging Population and the Size of the Welfare State,” Journal of Political Economy 110 (4): 900-918. Tosun, Mehmet S. 2003. “Population Aging and Economic Growth: Political Economy and Open Economy Effects,” (December). Economics Letters 81 (3): 291-296. (also forthcoming in the Elsevier Volume New Developments in the Economics of Population Ageing, edited by John Creedy and Ross Guest) Tosun, Mehmet S. 2005. “Global Aging and Fiscal Policy with International Labor Mobility: A Political Economy Perspective.” (July). International Monetary Fund (IMF) Working Paper WP/05/140. http://www.imf.org/external/pubs/ft/wp/2005/wp05140.pdf Tosun, Mehmet S. 2006. “Externalities from International Labor Migration: Efficacy of a Brain Drain Tax in the Euro-Mediterranean Region,” (December). UNR Economics Department WP-06007. 5 Tosun, Mehmet S. 2007. “Endogenous Fiscal Policy and Capital Market Transmissions in the Presence of Demographic Shocks.” Journal of Economic Dynamics and Control (forthcoming). Tosun, Mehmet S., Claudia Williamson and Pavel Yakovlev. 2007. “Population Aging, Elderly Migration and Education Spending: Intergenerational Conflict Revisited,” (August). UNR Economics Department WP-07003. United Nations Population Fund (UNFPA). 2002. Population Ageing and Development: Social, Health and Gender Issues. Population and Development Strategies Series, Issue 3. 4. Population, Demography and Public Policy Kahanec, Martin and Mehmet S. Tosun. 2007. “Political Economy of Immigration in Germany: Attitudes and Citizenship Aspirations,” (November). IZA Discussion Paper No. 3140. http://ftp.iza.org/dp3140.pdf Schiff, Maurice. 2007. “Optimal Immigration Policy: Permanent, Guest Worker or Mode IV?” (December). IZA Discussion Paper No. 3083. http://ftp.iza.org/dp3083.pdf Tosun, Mehmet S. 2006. “Externalities from International Labor Migration: Efficacy of a Brain Drain Tax in the Euro-Mediterranean Region,” (December). UNR Economics Department WP-06007. Tosun, Mehmet S. 2007. “Endogenous Fiscal Policy and Capital Market Transmissions in the Presence of Demographic Shocks.” Journal of Economic Dynamics and Control (forthcoming). Tosun, Mehmet S., Arzu Sen, Claudia Williamson and Pavel Yakovlev. (2007). “Retirees and Economic Development in West Virginia.” In Pavel Gordeev (ed.), Demographic Economics Research Perspectives. Nova Science Publishers (forthcoming). 6