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This lecture by the instructor covers the concept of demographic transition, which describes the evolution of birth and death rates in a population. It explores the five stages of demographic transition, from high birth and death rates to low rates, and the socio-economic implications of each stage. The lecture delves into the impact of demographic regimes on society, such as the 'demographic trap' and the 'demographic window'. It also discusses the factors influencing fertility rates, including social empowerment of women, economic conditions, family planning, and changing beliefs. The presentation includes case studies from countries like India and China to illustrate the demographic transition process.