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This lecture covers the concept of demographic transition, which describes the shift from high birth and death rates to low ones in a population. The instructor explains the three successive demographic regimes, the stages of demographic transition, and the socio-economics involved in each phase. Starting from traditional societies with high birth and death rates, the lecture progresses to the critical phase of population explosion and the subsequent stabilization phase. It also delves into the challenges faced during the modern phase, such as aging populations and the need for infrastructure for the elderly. The presentation includes real-world examples and data to illustrate the impact of demographic changes on societies.