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The Multiplier Effect Explained I A Level and IB Economics
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This video explained the national income multiplier and the factors that affect the size of the multiplier.
#aqaeconomics #ibeconomics #edexceleconomics
VIDEO CHAPTERS
0:00 Introduction
2:35 Positive Multiplier and Negative Multiplier Effects
3:18 The Multiplier Effect Process
5:28 An Example of the Multiplier Effect
6:16 Marginal Rate of Leakage and the Multiplier Value
8:51 Simple and a more complex Multiplier Calculation
10:27 Elasticity of Aggregate Supply & the Multiplier Effect
12:06 Summary of Factors Affecting Value of the Multiplier
#aqaeconomics #ibeconomics #edexceleconomics
VIDEO CHAPTERS
0:00 Introduction
2:35 Positive Multiplier and Negative Multiplier Effects
3:18 The Multiplier Effect Process
5:28 An Example of the Multiplier Effect
6:16 Marginal Rate of Leakage and the Multiplier Value
8:51 Simple and a more complex Multiplier Calculation
10:27 Elasticity of Aggregate Supply & the Multiplier Effect
12:06 Summary of Factors Affecting Value of the Multiplier
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