Nearpod version available

Grade 9-12
,
Lesson

Spending Multipliers

Time: 60 mins,
Updated: March 24 2021,
Author: Graham Long
Teacher Version

Objective

Students will be able to:

  • Define spending multiplier, marginal propensity to consume, marginal propensity to save.
  • Compute the spending multiplier.

Standards

National Standards in Economics

State Standards

Common Core State Standards

Concepts

Aggregate Demand, Balance of Trade and Balance of Payments, Consumers, Demand, Marginal Propensity to Save (MPS)

In this personal finance lesson, students will learn spending multiplier and the marginal propensity of consuming and saving.

Resources

Procedure

Click NEARPOD VERSION: SPENDING MULTIPLIERS to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!

Subjects:
Economics