Here we model the population of France given data between 1960 and 2013 from Worldbank.org. We used the crude birth rate and crude death rate for every 5 years since 1960 to 2005, and the rates every year from 2005 to 2013. To forecast, we used the slope of the net birth rate to calculate when the net birth rate would be zero, and used this year for our birth and death rates to are equal to zero.  We assumed no net movement of people into or out of France. We add that at any given time, our knowledge of the birth and death rates is not accurate, where our rates vary with a standard deviation equal to the standard deviation in the rates from 1960 to 2013

Population Growth

Here we model the population of France given data between 1960 and 2013 from Worldbank.org. We used the crude birth rate and crude death rate for every 5 years since 1960 to 2005, and the rates every year from 2005 to 2013. To forecast, we used the slope of the net birth rate to calculate when the net birth rate would be zero, and used this year for our birth and death rates to are equal to zero. We assumed no net movement of people into or out of France.

Population Growth

Here we model the population of France given data between 1960 and 2013 from Worldbank.org. We used the crude birth rate and crude death rate for every 5 years since 1960 to 2005, and the rates every year from 2005 to 2013. To forecast, we used the slope of the net birth rate to calculate when the net birth rate would be zero, and used this year for our birth and death rates to are equal to zero. We assumed no net movement of people into or out of France.

Population Growth

Goodwin Model:This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013), Money and Macroeconomic Dynamics, Chapter 4.5 (link)
Equilibrium conditions:

• Labor Supply = 100

Devation from the equilibrium conditions generates growth cycles.

Economics Macroeconomics Goodwin Growth

model

Business Performance Strategy Growth