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In the News

The Star Wars Multiplier Effect

Graham Watson

14th September 2015

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Here is an example of a positive multiplier effect - this time from the filming of the new Star Wars movie. The multiplier is - to my mind - the single most important macroeconomic concept that you learn in your first year of post-16 Economics. Every economist should appreciate its significance.

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.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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