multiplier is important when the budget is released, people need to know how an increase in government spending stimuates the economy beyond the increased amount of spending..
If someone didn't know that they wouldn't understand the full effect of a budget. They wouldn't know why increased...
im going to have to disagree with risole here. The HSC course is quite basic and I thnk it's important for people to have a sound understanding of how the economy works. Maybe then people will have an idea of how to react in different economic situations.
And economics isn't actually hard. It's...
One thing though..
different people like different things..
If you think you'll find physics interesting, DO IT.
Don't let people tell you it's shit. That's just their opinion.
A lot of people hate economics..... i love it.