Students will understand the key economic theory of the multiplier and marginal propensity to consume (MPC). The lesson covers the main influences on MPC and how these ties in to the multiplier. The lesson covers how to calculate MPC and the multiplier with relevant questions. The lesson also covers the accelerator effect The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a fun group task.
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£3.00