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Monday 14 September 2015

Unit 2: The Star Wars Multiplier effect

Hopefully you are all as excited as me about the new Star Wars film out this year. Well, there is, as always, lots of economics behind the story. For example, the multiplier effect, which is perhaps, the single most important macroeconomic concept that you learn in your first year of post-16 Economics. Every economist should appreciate its significance.

Click here to see an example of a positive multiplier effect in action. - this time from the filming of the new Star Wars film. It's a pity they didn't announce these details on International Star Wars day - or May the 4th, as it's more commonly known. I have attached the trailer, just for fun!



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