A
population
Population typically refers to the number of people in a single area, whether it be a city or town, region, country, continent, or the world. Governments typically quantify the size of the resident population within their jurisdiction using a ...
is in Malthusian equilibrium when all of its
production
Production may refer to:
Economics and business
* Production (economics)
* Production, the act of manufacturing goods
* Production, in the outline of industrial organization, the act of making products (goods and services)
* Production as a stati ...
is used only for
subsistence
A subsistence economy is an economy directed to basic subsistence (the provision of food, clothing, shelter) rather than to the market. Henceforth, "subsistence" is understood as supporting oneself at a minimum level. Often, the subsistence econo ...
. Malthusian equilibrium is a
locally stable and a
dynamic equilibrium
In chemistry, a dynamic equilibrium exists once a reversible reaction occurs. Substances transition between the reactants and products at equal rates, meaning there is no net change. Reactants and products are formed at such a rate that the conc ...
.
See also
*
Thomas Malthus
Thomas Robert Malthus (; 13/14 February 1766 – 29 December 1834) was an English cleric, scholar and influential economist in the fields of political economy and demography.
In his 1798 book '' An Essay on the Principle of Population'', Mal ...
— ''See this article for further exposition.''
*''
An Essay on the Principle of Population
An, AN, aN, or an may refer to:
Businesses and organizations
* Airlinair (IATA airline code AN)
* Alleanza Nazionale, a former political party in Italy
* AnimeNEXT, an annual anime convention located in New Jersey
* Anime North, a Canadian an ...
''
*
Malthusian growth model
A Malthusian growth model, sometimes called a simple exponential growth model, is essentially exponential growth based on the idea of the function being proportional to the speed to which the function grows. The model is named after Thomas Robert ...
*
Malthusian trap
Malthusianism is the idea that population growth is potentially exponential while the growth of the food supply or other resources is linear, which eventually reduces living standards to the point of triggering a population die off. This event, c ...
*
Population dynamics
Population dynamics is the type of mathematics used to model and study the size and age composition of populations as dynamical systems.
History
Population dynamics has traditionally been the dominant branch of mathematical biology, which has ...
References
*
Population
Mathematical modeling
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