Definition of Demographic equation:
A mathematical determination of the changes in a population. The demographic equation is widely used in business for marketing purposes and consists of a formula taking the increase or decrease in the population (births minus deaths) plus or minus the amount of migration to the demographic area.
How to use Demographic equation in a sentence?
- The demographic equation was especially useful in understanding the specific type of market in the region we would be targeting.
- We would determine the demographic equation , to determine changes in population before we went forward with our work and did something new.
- One of the concerns of the Republican party in US politics is their lack of appeal to the shifting demographic equation .
Meaning of Demographic equation & Demographic equation Definition