The Multiplier Effect- Macro Topic 3.2

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  • Опубліковано 16 чер 2024
  • In this video I explain the two multipliers that you will see in an introductory macroeconomics course: the simple spending multiplier and the money multiplier. I also cover the tax multiplier, which is always negative. Keep in mind that the spending multiplier increases when people save less and the multiplier decreases when people save more. As for the calculations, don't freak out. Most econ courses have basic math with numbers that are easy to calculate. Thanks for watching. Please like and subscribe. You rock!
    Need help? Check out the Ultimate Review Packet for FREE:
    www.acdcecon.com/review-packet

КОМЕНТАРІ • 432

  • @whitneyjeffries5170
    @whitneyjeffries5170 6 років тому +539

    You've literally taught me more in the past 5 minutes than my teacher has for the past 3 months. You're a lifesaver!

  • @filibusterfirework74
    @filibusterfirework74 8 років тому +798

    finals week in college. You are saving me.... saving me

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      @nadineahmedelnaggar2946 6 років тому +9

      same he's literally saving me

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      @huixinshen8613 5 років тому +1

      Juan pedro Minaudo ????????

    • @yashrai6391
      @yashrai6391 4 роки тому +4

      In India this is in class12 we r advance

    • @ErikPT
      @ErikPT 4 роки тому +5

      @@adamventura733 What high school did you go to?
      In my school, we only covered very basic economics that after we graduated we didn't even know what marginal utility per dollar or increasing return to scale was I use price elasticity of demand for everything now and I'm taking Macroeconomics in my 2nd year in college. Also props, Adam!

  • @JacobAClifford
    @JacobAClifford  8 років тому +306

    What did you think of the video? By the way, don't tell anyone that this week's Techinical Tuesday was uploaded on Wednesday. Shhh. Keep it a secret.

    • @abidmo3426
      @abidmo3426 8 років тому +36

      you make a lot more sense than my lecturer.

    • @amcghie7
      @amcghie7 8 років тому +3

      +Abid Mo Yeah I wish I knew about these videos before my imminent exam. I had no clue what was going on in my lectures.

    • @tinaandkyle1996
      @tinaandkyle1996 7 років тому +15

      You are a life saver in a college world of dull econ textbooks and flat lectures...Thank You

    • @uubeerdude
      @uubeerdude 7 років тому

      Nicely done. Any idea how much money the uber wealthy have hidden in hidey holes to avoid taxation, or for that matter do they save enough to otherwise remove money from the economy to the point that the multiplier is excessively diminished to a harmful degree?

    • @yashmehra8858
      @yashmehra8858 6 років тому

      ACDCLeadership please make a video on paradox of thrift.

  • @nathanadler4024
    @nathanadler4024 Місяць тому +6

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  • @apocalypse117
    @apocalypse117 8 років тому +387

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  • @Abby_J_20
    @Abby_J_20 4 роки тому +78

    The introduction is funny AND it makes sense. He says the multiplier effect 4 times then something else twice then only once... love it

    • @yeetmeat1356
      @yeetmeat1356 3 роки тому +10

      Underrated comment, I don't think many people got that

  • @MoiNToi
    @MoiNToi 7 років тому +16

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    @shaheenkash421 2 роки тому +11

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    I take IB economics, and your videos have helped me so much! I got a 7 in my macro econ test because of your videos thank you so much

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    @matthewlanghorn9285 7 років тому +5

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    @moiraw207 2 роки тому +2

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  • @IshavArora
    @IshavArora 2 роки тому +4

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    @mfdumbasshuman 2 місяці тому +6

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    @ycompw 8 років тому +89

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    @nicollesalcedo7313 10 місяців тому +1

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    @theomannen75 2 роки тому +3

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    @robertsmedley8816 7 років тому +1

    Thank you. Thank you. I am an online student received a book and tests... this really fleshes the information out. I now watch your videos first and then read the text to reinforce what you taught.

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    @PieRow 4 роки тому +10

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    @hemangchauhan2864 4 роки тому +21

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    @ponmilebakare7010 11 місяців тому +3

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    @axelpeta7296 5 років тому +1

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  • @abbosbekkhudayberganov820
    @abbosbekkhudayberganov820 8 років тому +6

    I HAVE HAD SEVERAL DIFFRENT PEOPLE EXPLAIN THIS EFFECT TO ME, NON SUCCEEDED IN TEACHING ME. I GREATLY THANK YOU FOR YOUR CLEAR AND UNDERSTANDABLE LECTURINGS!

    • @JacobAClifford
      @JacobAClifford  8 років тому +2

      +Abbosbek khurderberganov You are very welcome

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    @rebeccamikova7933 7 років тому +1

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    @maguetediallo2679 7 років тому +1

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  • @AlextheLue
    @AlextheLue 3 роки тому +2

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  • @bloomersisland
    @bloomersisland 4 роки тому +2

    Fantastic explanation of the multiplier effect in only five minutes.

  • @vandergrift5557
    @vandergrift5557 3 роки тому +2

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    @sunflowerbarbiii Рік тому

    Professor been trying to teach me this for 8 weeks. I watched this for 5 minutes and the lightbulbs went off! As an economics major! Thank you!

  • @tiananelson3831h
    @tiananelson3831h 8 років тому +16

    I have been in Macro class for over a month .. and don't understand a thing. I watch this video and feel 100% more confident, who needs lectures when I can watch your videos haha! Thanks so much :)

    • @JacobAClifford
      @JacobAClifford  8 років тому +2

      +Tiana Nelson I'm glad I was able to help Tiana. You should check out my Ultimate Review Packet. I think you will like it.

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    @nickyhummell 3 місяці тому +1

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  • @Quinold
    @Quinold Рік тому +2

    I had to pause and write it down to fully understand but this helped a TON!
    Thank you for condensing so much info into one 5 minute video. I hope I'll be ready for my test tomorrow :)

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    @madhumathiperumal1576 2 роки тому +2

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    @janicepeng9237 5 років тому +2

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    @jean-pierrecayenne8561 5 років тому +3

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  • @macadamia_78
    @macadamia_78 16 годин тому

    8 years later and this is still helping people 🤯🤯

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    @skyleartandcrafts1141 7 років тому

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    @priyamthapa7172 4 роки тому +2

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  • @kamsiyonna2372
    @kamsiyonna2372 4 роки тому +2

    Thank you so much I tried skipping this chapter after rereading and not understanding. 25 pages covered in 5 minutes you are a God send!

  • @sehrishkamran994
    @sehrishkamran994 3 роки тому +1

    Smart wayy of teaching.. best 5 mins i spent on econ, thank you!

  • @Mavia44
    @Mavia44 8 років тому +16

    Mr Clifford you are best teacher of Econ I have ever seen ...
    Please could give lecture on " Neo-classical approach to aggregate supply "

    • @elon.2193
      @elon.2193 6 років тому +4

      that basically means a classic vs keynesian view of aggregate supply. Discuss the points of difference between them.

  • @Vincent-396
    @Vincent-396 Рік тому

    Clever intro. Thanks for helping us get through Economics class.

  • @evelyn3443
    @evelyn3443 5 років тому

    When I’m in class I don’t understand a thing but once I get home and watch one of your video it makes sense. Thank you for saving my gpa lol

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    @onneilemfetane3175 7 років тому

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    @fernandojimenez7382 6 років тому

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    @jhonysmarin6530 5 років тому

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    @JEHUCALTILLFOREVER 7 років тому +2

    Over here in the UK at university and find these videos extremely helpful, thank you !

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    @abhysh5141 7 місяців тому

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    @SAXOLA_GXULWANA07 7 місяців тому

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    @jenniferyu2828 5 років тому +22

    damn watching this the night before my ap macro exam sir bless ur soul for making these videos literally saving my life considering i know nothing about economics or whatsoever before

    • @Stayready3458
      @Stayready3458 5 років тому +1

      Jennifer Yu OMG SAME

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      @farihaahmed942 4 роки тому +1

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  • @Infinitesap
    @Infinitesap 5 років тому

    Wau you are really great at delivering the concepts here. Due to you I really start to like Economics.

  • @Elle-uj7wn
    @Elle-uj7wn 3 роки тому

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  • @lorendeneen
    @lorendeneen 8 років тому +7

    SOOOO helpful ^_^ thank you. I agree. You make so much more sense than my professors and you even bring more enthusiasm _ which is definitely needed for this subject.

    • @JacobAClifford
      @JacobAClifford  8 років тому +3

      +Lo Brown Thanks. Please make sure to subscribe and tell your friends:)

  • @tl9150
    @tl9150 6 років тому

    Priceless. Thanks for the great content. Cheers.

  • @lioraepel1638
    @lioraepel1638 8 років тому +2

    Thank you so much for your videos! You're so great at explaining econ concepts. Econ hero.

    • @JacobAClifford
      @JacobAClifford  8 років тому +3

      +Liora Epel Thanks Liora. Let me know if you need me to cover anything.

  • @poorvasharma116
    @poorvasharma116 6 років тому +1

    You're life saviour Sir
    Much respect
    Thankyou 😊

  • @ramanarc
    @ramanarc 7 років тому

    favorite econ teacher ever!

  • @WinterAlbiero
    @WinterAlbiero 8 років тому +4

    Wish I could have you in University. I'm currently in a Principles of Macroeconomics class and I have a final in a week, so I'm in full on review mode. Thanks for the videos, they really helped me this semester!

  • @richardkhola3028
    @richardkhola3028 7 років тому

    Thanks for this video. It makes sense and i am very thankful!!

  • @thasleeminthash4435
    @thasleeminthash4435 5 років тому

    That beginning was epic 😂😂😂u are a life saver ..thank you

  • @nyborat401
    @nyborat401 Рік тому

    Always easy to understand to learn from you 😀

  • @waleedharbi1149
    @waleedharbi1149 8 років тому +3

    GET IT!
    Thank you Jacob, you makes ECONS easy and simple :)

    • @JacobAClifford
      @JacobAClifford  8 років тому +2

      +waleed harbi Great. I'm glad it makes sense.

  • @spuddycactus2152
    @spuddycactus2152 3 роки тому +4

    This guy is an actual legend

  • @KimmiGP
    @KimmiGP 6 років тому

    Your videos kill me! Brilliant laugh... And save me at the same time!! Thank you for this!!!

  • @XxToxicCandyxX1
    @XxToxicCandyxX1 7 років тому

    Clear info, fun to watch (Y) I have an exam today. Thank you.

  • @NigelPK
    @NigelPK 8 років тому +3

    Already knew the effect of the multiplier but I watched to compare. You are doing very well with the editing and your voice. Gained a sub ;)

    • @JacobAClifford
      @JacobAClifford  8 років тому +3

      +Nigel PK Thanks Nigel. I appreciate it.

  • @Piesynn
    @Piesynn 7 років тому

    love the begging good intro, love your hack on tax multiplier really simple good examples

  • @ellajoanne1375
    @ellajoanne1375 4 роки тому

    Your videos are fantastic!

  • @Vlog17mix
    @Vlog17mix 7 місяців тому

    Wow you're amazing
    You helped me understand the multiplier effect in 5 minutes

  • @jaskiratkaur3439
    @jaskiratkaur3439 3 роки тому

    I'm from India and we study these concepts in school glad that y'all learn this in college btw jcob you're one of the best best economic teachers

  • @nanayaaacheampongopoku
    @nanayaaacheampongopoku 10 місяців тому

    Thank you so much Jacob Clifford you're the best.

  • @chaiyatapjanaid6894
    @chaiyatapjanaid6894 8 років тому

    Thanks you for every video you did !!
    It's fantastic and help me a lot in Economic class.
    Its very fun to watch !!! I always smile and laugh when I watch your video XD

  • @ashwindham50
    @ashwindham50 8 років тому +3

    Dude I cant thank you enough for this
    I could never understand this until now

    • @JacobAClifford
      @JacobAClifford  8 років тому +1

      +ash da You are welcome. Please subsribe and tell your friends

    • @ashwindham50
      @ashwindham50 8 років тому +2

      Done that long ago ago :)

  • @deerclaudia
    @deerclaudia 8 років тому +3

    VERY USEFUL! THANKS!

  • @commaspace2196
    @commaspace2196 7 років тому +5

    Hi Jacob, this video really helped, thanks for making it! One question, does investment get factored into the MPC or the MPS? It seems to share properties with both groups, considering it comes out of the interest of having money in hand, but also to something other than the spender themselves.

  • @TheProgressiveParent
    @TheProgressiveParent 8 років тому +13

    I like your fun upbeat delivery
    I think Hazlitt destroyed the concept of the keynesian multiplier in The Failure of the New Economics

  • @avantikakarir5904
    @avantikakarir5904 7 років тому

    life saver for 10th grade too. I just needed to learn about the basic about what is THE MONEY MULTIPLIER, but i got the whole overview.
    Thanks

  • @LADYSILVERWOLF028
    @LADYSILVERWOLF028 Рік тому

    Thank you so much. If t lectures or textbooks were like your presentation, students would do a lot better. Your awesome!

  • @OSaine931
    @OSaine931 Рік тому +1

    I love this man a lot. He's a real lecturer. He is genius and funny. Amazing🥰🥰🥰🥰🥰

  • @jesuslovestoastyaya
    @jesuslovestoastyaya 8 років тому

    Amazing video, thank you so much.

  • @jessicatheuerkauf3554
    @jessicatheuerkauf3554 2 роки тому

    Brilliant Explanation. Cheers

  • @alyssapierro2670
    @alyssapierro2670 2 роки тому

    This 5 minute video helped me understand what my economics teacher couldn’t explain in 45 minutes…

  • @parthvatsal1
    @parthvatsal1 7 років тому

    I love him.... He is the best. Love his energy

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    @marvelprince9893 8 років тому

    EXCELLENT! Thanks for sharing.

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    @moisekazembe7894 3 роки тому

    So like you are the one i need for my class.

  • @matteatane
    @matteatane 5 років тому +2

    wow,,,, this saved my life,,,, thank you!!!

  • @haruka5017
    @haruka5017 5 років тому

    You’re awesome teacher!

  • @ravshanabdurasulov2991
    @ravshanabdurasulov2991 8 років тому

    Thanks for the video. Ur explanations are great I like it (y)

  • @juliawilliams-portland8616
    @juliawilliams-portland8616 5 років тому

    dude you rock this is awesome

  • @Simran-xn7ec
    @Simran-xn7ec 7 років тому

    You are an angel of economics

  • @joeywilhelm6123
    @joeywilhelm6123 2 роки тому

    going to major in animation/film and the entrance test has economics in it :" This is a total lifesaver!!

  • @elisamurillo377
    @elisamurillo377 5 років тому +2

    Very helpful! Thank you!

  • @mariakarlagonzalezperez2880
    @mariakarlagonzalezperez2880 8 років тому +50

    Your videos have saved me in my class. My teacher puts them instead of teaching anything lol

    • @donx2341
      @donx2341 5 років тому +1

      Maria Karla Gonzalez smart! He explains it... clear

    • @maxastna5939
      @maxastna5939 4 роки тому +1

      Same