The Multiplier Effect Explained I A Level and IB Economics

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