Optimum Theory of Population Explained | Economics Concepts
The Optimum Theory of Population explains the ideal relationship between population size and available resources where per capita income and standard of living are maximized. Proposed by economists like Edwin Cannan and Dalton, this theory divides population into three stages—under-population, optimum population, and over-population. In this lesson, you will understand the meaning, assumptions, stages, diagram explanation, importance, and criticisms of the Optimum Theory of Population in a simple and exam-oriented manner. This topic is highly important for Class 11 & 12 Economics, BA/BSc Economics, UPSC, UGC NET, State PSC, SSC, and other competitive examinations. 🔹 Tags Optimum Theory of Population Optimum Population Population Theory in Economics Edwin Cannan Population Theory Dalton Optimum Population Population and Per Capita Income Under Population Over Population Population Economics Economic Development and Population Human Resources Economics Class 11 Economics Population Class 12 Economics Population UGC NET Economics UPSC Economics Competitive Exam Economics
About Edwin Cannan
Edwin Cannan (3 February 1861 – 8 April 1935) was a British economist and historian of economic thought. He taught at the London School of Economics from 1895 to 1926.
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