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Economics (ECON)

59 courses in the 1982–83 Undergraduate Calendar, read from the scanned original. The text comes from OCR, so check the scanned page before relying on a detail.

Notes

Faculty listed in 1982–83

Associate Professor, Chairman K.M. Bennett, BA, MA (Queen's), PhD (McGill)

Professor, Associate Chairman, Graduate Officer

W.R. Thirsk, BA (British Columbia), MA, PhD (Yale)

Associate Professor, Undergraduate Officer

W.R. Needham, BComm (Carleton), MA, PhD (Queen's)

Professors

Faculty listed in 1982–83

SK. Ghosh, 8Se, MSc (Calcutta), MS, PhD (Wisconsin)

J.H. Hotson, BA (Colorado College), MA, PhD (Pennsylvania}

R.R. Kerton, BCaomm (Toronto), MA (Carleton), PhD (Duke)

A. Koutsoyiannis, BA (Athens), PhD (Manchester)

L. Needleman, MA (Oxford), PhD (Glasgow)

Associate Professors

L.P. Fletcher, BComm (Mount Allison), AM, PhD (Brown)

Faculty listed in 1982–83

N.E. Lavigne, CR, BA (Western Ontario), MComm (Ottawa), MBA (Detroit), J

Assistant Professors

Faculty listed in 1982–83

A.A. Andrikopoulos, BA (Athens), MA (Wayne State), PhD (Southern California)

1

Course Descriptions 295

Economics

Faculty listed in 1982–83

J.A. Brox, BA (Toronto), MA PhD (McMaster)

J.E. Cuenca, LIC (Madrid), MA (Western Michigan), PhD (Toronto)

M.C. Howard, BA, MA.(Lancaster), PhD (Leicester)

S.W. Kardasz, BA (Loyola), PhD (Queen's)

R.C. Kumar, BStat, MStat {indian Statistical Institute), MA, PhD (Toronto)

K. Stollery, BA (Southern California), MA, PhD (Queen's)

Lecturers

Faculty listed in 1982–83

E. Carvalho, BA, MA (Waterloo)

F.N. Nagib, BSc (Washington), MSc {Oregon}, PhD (Queen's)

Course Descriptions

Some Economics courses do not have a “term offered” indicated. This intormation will be available at preregistration and students can confirm the “term offered” with their Departmental advisor.

The “normal” number of lectures per week in each course is three; however, each instructor determines how often his particular class will meet.

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ECON 100A Introduction to Modern /B Economics

Listed without a description.

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ECON 101 Introduction to Micro- economics

Listed without a description.

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ECON 102 Introduction to Macro- economics

Listed without a description.

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ECON 241 Cost-Benefit Analysis and Project Evaluation

Listed without a description.

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ECON 263 Economic History of Canada

Listed without a description.

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ECON 341 Public Finance

Listed without a description.

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ECON 343 Urban Economics

Listed without a description.

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ECON 351 Labour Economics

Listed without a description.

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ECON 353 Population Economics

Listed without a description.

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ECON 355 Economics of Energy and National Resources

Listed without a description.

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ECON 363 Contemporary Canadian Problems

Listed without a description.

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ECON 364 Contemporary Canadian Problems

Listed without a description.

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ECON 100A Introduction to Modern EconomicsF,W 3C 0.5/0.5

- A study of the principles of modern

economics that contribute to an understanding of the operation of the Canadian economy. Micro- and macroconcepts are integrated in a Post- Keynesian framework.

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ECON 101 Introduction to MicroeconomicsF,W,S 3C 0.5

An introduction to the central economic problems of society, the functioning of a mixed capitalistic enterprise system, the economic role of government, the composition of and pricing of national output, pricing of productive factors, and income distribution.

Only one of ECON 101 and 103 may be taken. Also offered at St. Jerome's College.

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ECON 102 Introduction to MacroeconomicsF,W,S 3C 0.5

Determination of national income; the banking system; government fiscal and monetary policy; international trade and finance; and current economic problems.

Also offered at St. Jerome's College.

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ECON 103 Introduction to Economic Concepts and Current ProblemsF,W 0.5

The focus of the course is on the use of economic theory for understanding the behaviour of consumers and of large corporations in the modern industrial world, and on the discussion of such urgent Current problems as the energy crisis, population explosion, income inequality, economic policies of large conglomerate business, the arms race, urban congestion, environmental pollution and resource uses.

Only one of ECON 101 and 103 may be taken.

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ECON 201 Microeconomic TheoryF,W,S 3C 0.5

Theory of consumer demand; production theory; market structure; resource pricing and allocation under perfect and imperfect competition. Prereq: ECON 101 or 103 or 100a/100b

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ECON 202 Macroeconomic TheoryF,W,S 3C 0.5

Theory of the determination of the level of national income, employment and the price level.

Prereq: ECON 102 or ECON 100a/100b

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ECON 211 Mathematics for EconomistsF,W,S 3C 0.5

Application of elementary mathematics to problems in economic theory. Topics include the graphing of functions, elementary exponential and logarithmic functions and differentiation - all developed within the context of economic theory.

Prereq: ECON 101/102 or 103/102 or 100a/100b

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ECON 221 Statistics for EconomistsF,W 3C 0.5

An introduction to the underlying togic of statistical procedures most commonly employed by economists. No mathematical training beyond high school algebra is presumed. Emphasis is given to solving problems as a way of learning statistical theory.

Prereq: ECON 101/102 or 103/102 or 100a/100b.

ECON 231

system.

Prereq: ECON 101/102 or 103/102 or

100a/100b

FW 3C 05

Introduction to International Economics Theory of comparative advantage and’ the gains from trade; tariff theory; concepts and measurement of balance of payments; exchange rate systems; reform of international monetary

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ECON 241 Cost-benefit Analysis and Project Evaluation

Methods for evaluating private and public projects; decision rules, efficiency conditions and methods of conducting cost-benefit analysis. Application of the technique.

Prereq: ECON 201.

Course Descriptions Economics

W 3C 0.5

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ECON 263 Economic History of CanadaW 3C 0.5

A study of the economic development

of Canada; export staple theory.

industrial structure and national policies

framework.

analysed in a Classical-Marxian

Prereq: ECON 101/102 or 103/102 or

100a/100b.

Department of Economics: Course Offerings

1st Year 2nd Year 3rd Year 4th Year Subject Areas 100 Intro, Modern 201 Microeconomic 301 Intermediate 401 Advanced Micro- Economic Theory economics Theory Microeconomics economic Theory 101 Intro. Micro- 202 Macroeconomic . 302 Monetary Theory 402 Advanced Macroeconomics Theory and Banking economic Theory 102 Intro, Macro- 303 Economic Thought 403 Econ. Anaiysis, Foreeconomics casting, and Public Policy

211 Mathematics for Economists

221 Statistics for Economists

311 Intro. Math - Economics 321 Intro. Econometrics

. 411 Math Economics

413 Economic Growth Theory

421 Econometrics 1

422 Econometrics 2

Quantitative Economics

231 tntro. International Economics

331 International Trade and Finance

333 Interregional Economics

335 Economic Development

431 International Economic Policy

International and interregional Economics

341 Public Finance 343 Urban Economics 244 Consumer Theory 345 Industrial Organization

441 Economics of the Public

Sector 1

442 Economics of the Public

Sector 2

Public Economics

241 Cost Benefit and Project Evaluation

351 Labour Economics

353 Population Economics

355 Energy & Natural Resources

357 Environmental Economics

451 Advanced Topics in Resource Economics

Economics of Energy, Land and Labour Resources

263 Cdn. Economic History

361 North American Economic History

363 Contemporary Cdn. Prob. 1

364 Contemporary Cdn. Prob. 2

365 Economic Development of Modern Europe, 1780-1973

461 Comparative Economic Systems

Economic History and Contemporary Problems

381-389 Special Topics

481-489 Special Studies

Special Topics and Studies

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ECON 301 Intermediate MicroeconomicsF,W 3C 0.5

Distribution theory; production, consumption and general equilibrium analysis; welfare economics.

Prereq: ECON 201

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ECON 302 Monetary Theory and BankingF,W 3C 0.5

Monetary theory and banking in an open economy; national policies for achieving full employment, price stability, and equilibrium in the balance of payments.

Prereq: ECON 201, 202, 231

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ECON 303 Economic ThoughtF 3C 0.5

A critical survey of the development of economic thought from the pre- Socratics to the Post-Keynesians, Emphasis on Classical Economics. Prereq: ECON 201, 202, 231

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ECON 311 Introduction to MathematicalF 3C 0.5

Economics.

Mathematical treatment of some microand macro- partial and general equilibrium models; programming and game theoretic techniques; stability analysis; simple growth models.

Prereq: ECON 201, 202, 211 for MATH 130)

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ECON 321 Introduction to EconometricsW 3C 0.5

Introductory level course in econometrics, includes economic model building and testing, regression and correlation analysis, and price indices. Prereq: ECON 221.

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ECON 331 International Trade and FinanceF 3C 0.5

An examination of theories of international trade and finance at an intermediate level. Topics include theories of trade structure (Ricardian, Heckscher-Ohlin, and product cycte}, the effects of tariffs and multinational corporation behaviour, the balance of payments, and the workings of the exchange market.

Prereq: ECON 231, 201.

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ECON 333 Interregional EconomicsF 3C 0.5

Application of economic theory to analyses of structural characteristics, growth and development in interregional systems. Models examined include input-output, export-base, shiftshare, neo-classical, cumulative causation.

Prereq: ECON 201, 231

Course Descriptions 297

Economics

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ECON 335 Economic DevelopmentW 3C 0.5

The nature of the probtem of economic development; theories of economic development; major policy issues in economic development.

Prereq: ECON 201, 202, 231

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ECON 341 Public FinanceF 3C 0.5

The economic rationale of governmental fiscal activity; costbenefit analysis; the structure and economic effects of public expenditure and revenues; the analysis of income, consumption and wealth taxes; introduction to fiscal federalism. Prereq: ECON 102, 201

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ECON 343 Urban EconomicsW 3C 0.5

Application of economic analysis to location decisions of firms and households; discussion of policy problems, for example, urban renewal and housing.

Prereq: ECON 101 or 103 or 100a (ECON 201 is recommended).

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ECON 344 Consumer TheoryW 3C 0.5

The development of economic principles for consumer analysis. The course appraises market responsiveness as well as conditions causing problems for public and private consumption. {t also evaluates alternative economic policies for correcting such conditions.

Prereq: ECON 201

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ECON 345 Industrial OrganizationF 3C 0.5

An analysis of the characteristics of industrial structure, behaviour and performance with special reference to Canada. Competition and “rationalization” policy in Canada and other selected countries.

Prereq: ECON 201

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ECON 351 Labour EconomicsF 3C 0.5

Wage theory, training and mobility theory; economics of information in Canadian labour markets; other investments in human capital; manpower policies.

Prereq: ECON 201

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ECON 353 Population EconomicsW 3C 0.5

Population objectives; demographic techniques; economic interrelationships with fertility. mortality and migration; determinants and consequences of current world population changes. Prereq: ECON 201

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ECON 355 Economics of Energy and Natural ResourcesW 3C 0.5

An analysis of the economics of conservation, especially the adequacy of the market mechanism as an allocator of resource use over time. The political economy of the world’s supply of and demand for energy resources and major issues in Canadian energy policy will be considered.

Prereq: ECON 201 (ECON 241 is recommended).

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ECON 357 Environmental EconomicsW 3C 0.5

Application of economic theory to problems of the environment, in particular, air, water, and land pollution. Emphasis is on the theory of the management of common property resources.

Prereq: ECON 2017

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ECON 361 North American Economic History

Scanned page 298ECON 361 today

ECON 363 Contemporary Canadian Problems 1, 2F,W 3C 0.5/0.5

A “topic oriented” seminar course. The class agrees to study a Canadian problem selected from a list that includes poverty, unemployment, industrial policy, and so forth. The format assists the student in gaining analytical skill through work on the selected topics.

Prereq: ECON 201, 202

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ECON 365 Economic Development of Modern Europe, 1780-1973W 3C 0.5

A survey of Europe’s economic development from the Industrial Revolution to 1973. Case studies of England, France, Germany, Russia and the Soviet Union. Emphasis on technology, economic institutions, capital formation, standards of living, and the role of the State.

Prereq: ECON 101/102 or 103/102 or 100a/100b

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ECON 381 Special Topics-389 3S 0.5 each

One or more special half courses will be offered at different times as announced by the Department.

Prereq: Consent of instructor

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ECON 401 Advanced Microeconomic TheoryF 3C 0.5

Production and consumption theory; advanced theory of oligopology; price competition; non-price competition; growth decisions of the firm; financial decisions of the firm; decision-making under risk and uncertainty.

Prereq: ECON 301

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ECON 402 Advanced Macroeconomic Theory Classical and Keynesian models andW 3C 0.5

recent contributions; theory of economic policy; inflation and unemployment; modern theories of economic growth.

Prereq: ECON 307, 302

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ECON 403 Economic Analysis, Forecasting, and Public PolicyW 3C 0.5

The course focuses on the problems of forecasting economic activity (as measured by the principal ; macroeconomic variables), and of designing and implementing policies to control those variables; topics covered include a critical review of current forecasting models, problems associated with lags in the impact of policies, and so forth.

Prereq: ECON 307, 302, 321

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ECON 411 Mathematical Economics

Not offered 1982-83.

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ECON 413 Economic Growth TheoryW 3C 0.5

Classical, neoclassical, and Cambridge théories of growth, study of production, technical progress, and consumption, aggregate and two-sector models of growth, growth theory in an open economy. , Prereq: ECON 301, 302, 311

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ECON 421 Econometrics 2F,W 3C 0.5/0.5

Review of linear algebra, and development of basic statistical inference; formulation, identification, estimation, and tests of single equation and simultaneous equation regression models of micro- and macroeconomics; empirical models.

Prereq: ECON 201, 202, 211, 221, 321

Course Descriptions

Scanned page 299ECON 421 today

ECON 431 International Economic PolicyW 3C 0.5

Analysis of selected policy problems of open economies, such as optimum tariff and balance of payments stabilization, international capital flows, monetary and fiscal policy mix, multinational firms, international monetary reform and the new international economic order.

Prereq: ECON 301, 302, 331

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ECON 441 Economics of the Public Sector 1F 3C 0.5

An overview of fiscal functions and institutions; the theory of social goods; expenditure and revenue structures; fiscal incidence.

Prereq: ECON 231, 301, 302, 341

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ECON 442 Economics of the Public Sector 2W 3C 0.5

Fiscal stabilization, fiscal federalism, public pricing, international public finance, social security and other contemporary policy issues.

Prereq: ECON 441

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ECON 451 Advanced Topics in Resource Economics3C 0.5

Advanced analysis of selected topics in the area of energy, land, and labour - resources.

Prereq: ECON 201, 202, 231, 355

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ECON 461 Comparative Economic Systems

This course seeks to explain and evaluate various theoretical frameworks

‘utilized in the analysis of different types

of Economic Systems. The emphasis is placed upon those frameworks applicable to capitalism and socialism. Topics which are dealt with include Marx's theory of capitalism, the analysis of decentralized Economic Systems in terms of Modern Walrasian theory, theories of monopoly capitalism, the development and operation of the Stallinist Command Economy, alternative principles of Socialist Economic Organization and various types of planning procedures.

Prereq: ECON 201 and 202

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ECON 481 Special Studies-489 3S 0.5 each

Research and reading courses under the direction of individual instructors. Admission by consent of instructor.

Department of Electrical Engineering

Professor, Chairman I.F. Blake, BSc, MSc (Queen's), MA, PhD (Princeton), PEng

Professor, Associate Chairman for Graduate Affairs

J.W. Mark, BASc (Toronto), MEng, PhD (McMaster), PEng

Professor, Associate Chairman for Undergraduate Affairs

R.S. Ramshaw, BSc, PhD (Nattingham), PEng

Professor, Dean of Graduate Studies L.A.K. Watt, BSc (Manitoba), MS (Chicago), PhD (Minnesota)

Professor, Director Computer Communications Network Group E.G. Manning’, MSc (Waterloo) PhD

(Illinois)

Professors .

P.R. Bryant, MSc (London), MA, PhD (Cambridge)

S.G. Chamberlain, MSc, PhD (Southampton)

Y.L. Chow, BEng (McGill), MASc, PhD (Toronto), PEng

J.D. Cross, BSc (Wales), MS, PhD (Carleton), PEng

E.L. Heasell, BSc, PhD (imperial College, London)

R.H. MacPhie, BASc (Toronto), MS, PAD (Iilinois)

S.N. Kalra, BSc (Punjab), MS, PhD (lilinois), PEng

H.C. Ratz, BASc (Toronto), MS (MIT), PhD (Saskatchewan), PEng

J. Reeve, BSc, MSc, PhD, DSc (Manchester), PEng

D.J. Roulston, BSc (Belfast), PhD (imperial College, London), CEng

K.D. Srivastava, BSc, BE (Roorkee), PhD (Glasgow), PEng

R.G. van Heeswijk, ir (Delft, Holland), PEng

M. Vidyasagar, BSc, MASc, PhD (Wisconsin)

J. Viach, Dipl Ing CSc (Technical University of Prague}

L.Y. Wei, BS (National Northwestern College, China), MSc, PhD (Illinois)

Associate Professors

J.D. Aplevich, BE {Saskatchewan}, PhD (Imperial College, London), PEng

M.l. Elmasry, BSc (Cairo), MASc, PhD (Ottawa), PEng “

J.A. Field, BE (Saskatchewan), MASc, PhD (Toronto), PEng

B.A. Francis, BASc, MEng, PhD (Toronto)

J.V. Hanson, BASc (Toronto), MSc, PhD (Imperial College, London)

J.S. Keeler, BASc, MASc (Toronto), PEng

W.D. Little, BASc, MASc, PhD (British Columbia), PEng

W.N. Meikle, BASc, MASc (Toronto), PEng

V.H. Quintana, BEng (Chile), MSc (Wisconsin), PhD (Toronto), PEng

W.J. Wilson, BE, MSc (Saskatchewan), PhD (Cambridge), PEng

Assistant Professors S.K. Chaudhuri, PhD (Manitoba)

Adjunct Professors

R.G. Anthes, BASc, MASc (Toronto), PEng.

J. Carr, PhD (Waterloo

Lecturers J.T. Mowchenko, BASc (Saskatchewan)

Laboratory Director R.L. Wright, PEng

Faculty member holding crossappointment as shown Department of Computer Science

Course Descriptions

ELE14 WF 3C,3L'12T 05 Electrical Engineering 1

Kirchhoff's Laws, mesh current equations, super position theorem, measuring instruments, phasors, power distribution and three-phase circuits, power factor and its correction, magnetic circuits, transformers, introduction to de and ac motors. Alternate weeks.

Prereq: GEN E 122, MATH 110a and b, MATH 114, or equivalent. ‘

ELE32 FW 3C,3L',2T 0.5 Electrical Engineering 2

(Introduction to electronic devices and their characteristics; integrated circuits; operational amplifiers; digital circuits and systems; electric power control using semiconductor devices and circuits; electronic instruments and instrumentation systems.

Alternate weeks.

Course Descriptions 299 Electrical Engineering

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ECON 294 Business Law, 0.5

Listed without a description.

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ECON 493 Taxation: Personal, 0.5

Listed without a description.

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ECON 494 Taxation: Corporations, 0.5

Listed without a description.

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ECON 351 Labour Economics

Listed without a description.

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ECON 353 Population Economics

Listed without a description.

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