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In the News

The Star Wars Multiplier Effect

Graham Watson

14th September 2015

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.

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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