The Multiplier Effect- Macro Topic 3.2

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  • เผยแพร่เมื่อ 28 มิ.ย. 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

ความคิดเห็น • 433

  • @whitneyjeffries5170
    @whitneyjeffries5170 6 ปีที่แล้ว +541

    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 ปีที่แล้ว +799

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

    • @nadineahmedelnaggar2946
      @nadineahmedelnaggar2946 6 ปีที่แล้ว +9

      same he's literally saving me

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      Don't bunk

    • @huixinshen8613
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      Juan pedro Minaudo ????????

    • @yashrai6391
      @yashrai6391 4 ปีที่แล้ว +4

      In India this is in class12 we r advance

    • @ErikPT
      @ErikPT 4 ปีที่แล้ว +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 ปีที่แล้ว +307

    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 ปีที่แล้ว +36

      you make a lot more sense than my lecturer.

    • @amcghie7
      @amcghie7 8 ปีที่แล้ว +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 ปีที่แล้ว +15

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

    • @uubeerdude
      @uubeerdude 7 ปีที่แล้ว

      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 ปีที่แล้ว

      ACDCLeadership please make a video on paradox of thrift.

  • @nathanadler4024
    @nathanadler4024 2 หลายเดือนก่อน +6

    I am self studying macro and I have to say your videos are a phenomenal resource. thank you I will we be buying the ultimate review packet

  • @apocalypse117
    @apocalypse117 8 ปีที่แล้ว +388

    you're like the best econ teacher ever!

  • @Abby_J_20
    @Abby_J_20 4 ปีที่แล้ว +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 ปีที่แล้ว +10

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

  • @MoiNToi
    @MoiNToi 7 ปีที่แล้ว +16

    THANK YOU SO MUCH FOR MAKING THESE VIDEOS. My professor sits in a chair at 8 AM lecture reading off his slides with a laser pointer. My final is this Friday and I'm just binging these videos - they're so well done and easy to understand. Thank you!!!!

  • @shaheenkash421
    @shaheenkash421 2 ปีที่แล้ว +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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    @ycompw 8 ปีที่แล้ว +89

    After i finished the video, i just re-watched the beginning. It's hilarious :'D

  • @mfdumbasshuman
    @mfdumbasshuman 3 หลายเดือนก่อน +6

    You made me understand in 5mins what my professor has been struggling (and failing) to explain for a whole semester. Absolute legend. Keep rocking

  • @hemangchauhan2864
    @hemangchauhan2864 4 ปีที่แล้ว +21

    I wish our teachers also came to class with AC/DC belts

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    @matthewlanghorn9285 7 ปีที่แล้ว +5

    Last semester I had Microeconomics at Uni. Your videos are excellent. Everything I didn't understand, I understood after watching you. Used all your videos for revision. Thank you

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    @nikkialaras 2 ปีที่แล้ว +1

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    Up at midnight cramming for my Macro Exam... SOOOOO glad I came across your videos! These are a life saver and they are making the info fun and interesting! I will be recommending them to all my friends who have yet to take the Micro course. Wish I had had time to get the practice booklet! Will definitely be adding my support!

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    @moiraw207 2 ปีที่แล้ว +2

    Thank you for existing, you made something my professor explains in two hours so much easier to understand in five minutes.

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    @ponmilebakare7010 11 หลายเดือนก่อน +3

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    @abbosbekkhudayberganov820 8 ปีที่แล้ว +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 ปีที่แล้ว +2

      +Abbosbek khurderberganov You are very welcome

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    @nicollesalcedo7313 10 หลายเดือนก่อน +1

    I hope that more teachers teach as you do! You really make this world a better place

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    @IshavArora 2 ปีที่แล้ว +4

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    @henryr315 7 ปีที่แล้ว +13

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  • @robertsmedley8816
    @robertsmedley8816 7 ปีที่แล้ว +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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    @theomannen75 2 ปีที่แล้ว +3

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    @nickyhummell 4 หลายเดือนก่อน +1

    words can not explain how grateful I am for this man

  • @tiananelson3831h
    @tiananelson3831h 8 ปีที่แล้ว +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 ปีที่แล้ว +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.

  • @axelpeta7296
    @axelpeta7296 6 ปีที่แล้ว +1

    Professor Clifford, you are really a genius! A master! The EconomicPedia! Fantastic! With you and the Crash C. I always learn a lot, and while having fun! Keep up the good work, please!!!! The best!!!

  • @AlextheLue
    @AlextheLue 3 ปีที่แล้ว +2

    You are a legend! Studying for my Macro Final this Friday! You have saved my grade, thank you!

  • @Quinold
    @Quinold ปีที่แล้ว +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 :)

  • @sunflowerbarbiii
    @sunflowerbarbiii ปีที่แล้ว

    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!

  • @bloomersisland
    @bloomersisland 4 ปีที่แล้ว +2

    Fantastic explanation of the multiplier effect in only five minutes.

  • @madhumathiperumal1576
    @madhumathiperumal1576 2 ปีที่แล้ว +2

    You are literally the best teacher for Economics ❤️ God bless you 😁

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    @vandergrift5557 3 ปีที่แล้ว +2

    Sir, your videos are blessings in disguise, so much informative and so clear to understand tnx a lot for all the time and effort you put into making these videos

  • @kamsiyonna2372
    @kamsiyonna2372 4 ปีที่แล้ว +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!

  • @hdezoo
    @hdezoo 6 ปีที่แล้ว

    Your teaching is a million times better than a wordy textbook, and you are free!

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    @janicepeng9237 5 ปีที่แล้ว +2

    Studying for my macro exam and you've just saved my life! Thanks man

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    @rebeccamikova7933 7 ปีที่แล้ว +1

    You really are so helpful :) I really hope you continue ACDC Econ not just Crash Course. This covers more useful topics for college econ

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    @priyamthapa7172 4 ปีที่แล้ว +2

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    @maguetediallo2679 7 ปีที่แล้ว +1

    Good teacher. I love every video that you make. They give a sens to my ecomics courses. Thank you so much

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    @savannahu154 5 ปีที่แล้ว

    It's a great day to learn Economics! Your videos have saved me!

  • @sehrishkamran994
    @sehrishkamran994 3 ปีที่แล้ว +1

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

  • @Mavia44
    @Mavia44 8 ปีที่แล้ว +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 ปีที่แล้ว +4

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

  • @skyleartandcrafts1141
    @skyleartandcrafts1141 7 ปีที่แล้ว

    wow l can't believe am starting to understand eonomics better than before, good work cliff.

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    @Appa_fan95 ปีที่แล้ว

    Your teaching really saves me. Thank you so much

  • @Vincent-396
    @Vincent-396 ปีที่แล้ว

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

  • @SAXOLA_GXULWANA07
    @SAXOLA_GXULWANA07 8 หลายเดือนก่อน

    The fact that I am writing tomorrow and I've been struggling with this chapter for the whole semester, thank you so much from the University of Cape Town South Africa.

  • @abhysh5141
    @abhysh5141 7 หลายเดือนก่อน

    you saved my grades today, man. You're a lifesaver.

  • @jenniferyu2828
    @jenniferyu2828 5 ปีที่แล้ว +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 ปีที่แล้ว +1

      Jennifer Yu OMG SAME

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      @farihaahmed942 4 ปีที่แล้ว +1

      Haha same now I'm watching before taking my macro exam online smhh #classof2020

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    @jean-pierrecayenne8561 5 ปีที่แล้ว +3

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    @spuddycactus2152 3 ปีที่แล้ว +4

    This guy is an actual legend

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    @JEHUCALTILLFOREVER 7 ปีที่แล้ว +2

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

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    @jhonysmarin6530 5 ปีที่แล้ว

    thanks for the video! i was struggling in macro for a month until i found ACDC Econ.

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    @paulraju 7 ปีที่แล้ว

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  • @evelyn3443
    @evelyn3443 5 ปีที่แล้ว

    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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    @macadamia_78 12 วันที่ผ่านมา

    8 years later and this is still helping people 🤯🤯

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    @onneilemfetane3175 7 ปีที่แล้ว

    you make my studying a lot more easier...thank you so much

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    @ramanarc 7 ปีที่แล้ว

    favorite econ teacher ever!

  • @tl9150
    @tl9150 6 ปีที่แล้ว

    Priceless. Thanks for the great content. Cheers.

  • @fernandojimenez7382
    @fernandojimenez7382 6 ปีที่แล้ว

    Nice and easy macroeconomics, thank you much for your videos!

  • @poorvasharma116
    @poorvasharma116 6 ปีที่แล้ว +1

    You're life saviour Sir
    Much respect
    Thankyou 😊

  • @OSaine931
    @OSaine931 ปีที่แล้ว +1

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

  • @WinterAlbiero
    @WinterAlbiero 8 ปีที่แล้ว +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!

  • @Elle-uj7wn
    @Elle-uj7wn 3 ปีที่แล้ว

    This was very helpful thank you! You teach very well!

  • @Vlog17mix
    @Vlog17mix 8 หลายเดือนก่อน

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

  • @LADYSILVERWOLF028
    @LADYSILVERWOLF028 ปีที่แล้ว

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

  • @OnkarabileLebeta-lq8ns
    @OnkarabileLebeta-lq8ns 4 วันที่ผ่านมา +1

    Youre the Best, Love From South Africa.

  • @commaspace2196
    @commaspace2196 7 ปีที่แล้ว +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.

  • @Infinitesap
    @Infinitesap 5 ปีที่แล้ว

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

  • @jaskiratkaur3439
    @jaskiratkaur3439 3 ปีที่แล้ว

    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

  • @deerclaudia
    @deerclaudia 8 ปีที่แล้ว +3

    VERY USEFUL! THANKS!

  • @nanayaaacheampongopoku
    @nanayaaacheampongopoku 10 หลายเดือนก่อน

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

  • @lorendeneen
    @lorendeneen 8 ปีที่แล้ว +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 ปีที่แล้ว +3

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

  • @nyborat401
    @nyborat401 ปีที่แล้ว

    Always easy to understand to learn from you 😀

  • @richardkhola3028
    @richardkhola3028 7 ปีที่แล้ว

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

  • @brifjslaod6951
    @brifjslaod6951 ปีที่แล้ว +2

    my test is tomorrow and here I am cramming everythingggg

  • @ellajoanne1375
    @ellajoanne1375 4 ปีที่แล้ว

    Your videos are fantastic!

  • @TheProgressiveParent
    @TheProgressiveParent 8 ปีที่แล้ว +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 ปีที่แล้ว

    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

  • @ashwindham50
    @ashwindham50 8 ปีที่แล้ว +3

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

    • @JacobAClifford
      @JacobAClifford  8 ปีที่แล้ว +1

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

    • @ashwindham50
      @ashwindham50 8 ปีที่แล้ว +2

      Done that long ago ago :)

  • @thasleeminthash4435
    @thasleeminthash4435 5 ปีที่แล้ว

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

  • @Simran-xn7ec
    @Simran-xn7ec 7 ปีที่แล้ว

    You are an angel of economics

  • @parthvatsal1
    @parthvatsal1 7 ปีที่แล้ว

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

  • @alyssapierro2670
    @alyssapierro2670 2 ปีที่แล้ว

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

  • @marvelprince9893
    @marvelprince9893 8 ปีที่แล้ว

    EXCELLENT! Thanks for sharing.

  • @jessicatheuerkauf3554
    @jessicatheuerkauf3554 2 ปีที่แล้ว

    Brilliant Explanation. Cheers

  • @joeywilhelm6123
    @joeywilhelm6123 2 ปีที่แล้ว

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

  • @XxToxicCandyxX1
    @XxToxicCandyxX1 7 ปีที่แล้ว

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

  • @juliawilliams-portland8616
    @juliawilliams-portland8616 5 ปีที่แล้ว

    dude you rock this is awesome

  • @mariakarlagonzalezperez2880
    @mariakarlagonzalezperez2880 8 ปีที่แล้ว +50

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

    • @donx2341
      @donx2341 5 ปีที่แล้ว +1

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

    • @maxastna5939
      @maxastna5939 4 ปีที่แล้ว +1

      Same

  • @lioraepel1638
    @lioraepel1638 8 ปีที่แล้ว +2

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

    • @JacobAClifford
      @JacobAClifford  8 ปีที่แล้ว +3

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

  • @jesuslovestoastyaya
    @jesuslovestoastyaya 8 ปีที่แล้ว

    Amazing video, thank you so much.

  • @KimmiGP
    @KimmiGP 6 ปีที่แล้ว

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

  • @waleedharbi1149
    @waleedharbi1149 8 ปีที่แล้ว +3

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

    • @JacobAClifford
      @JacobAClifford  8 ปีที่แล้ว +2

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

  • @jorgianamaria
    @jorgianamaria 7 ปีที่แล้ว +1

    You are the economy tutor sent by God itself. I wish you the best of this world could give

    • @jorgianamaria
      @jorgianamaria 7 ปีที่แล้ว +1

      much love from Indonesia.

  • @haruka5017
    @haruka5017 5 ปีที่แล้ว

    You’re awesome teacher!

  • @NigelPK
    @NigelPK 8 ปีที่แล้ว +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 ปีที่แล้ว +3

      +Nigel PK Thanks Nigel. I appreciate it.

  • @Piesynn
    @Piesynn 7 ปีที่แล้ว

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

  • @tashatavaziva3821
    @tashatavaziva3821 7 ปีที่แล้ว

    l love this guy he has made my life easier. he is a life saver

  • @moisekazembe7894
    @moisekazembe7894 3 ปีที่แล้ว

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