Policy evaluation by analysing population emergent behaviour with a microsimulation and multi agent based model

Maintaining a healthy population with optimal demographic distribution is one of the main stays of an economy. But unfortunately, of late, many developed countries of the world are facing problems of low fertility rate and ageing population. This would eventually have a major impact on the economy. Countries are trying their best to revive the trends and bring back fertility rates to the population sustaining level. But most of these efforts haven´t brought back the desired results and despite efforts, many countries continue to face low fertility rate as well as ageing population. Simulation and modelling are one of the best ways to understand population dynamics. Many models have been prepared but they all lack in generality and purpose. In this paper we present a full scale general purpose model for population dynamics, which would use microsimulation and agent based modelling techniques and would assist the modellers and demographers in understanding population dynamics.