GDP, AD and the Multiplier

About the lecture

In this module, we think about AD, GDP and the multiplier, focusing in particular on (i) breaking down the components of GDP or AD (ii) the relationship between income and expenditure and what this means for the multiplier process; (iii) the determinants of the multiplier; and (iv) the limitations of considering the demand side on its own.

About the lecturer

Dr Paul Segal is a Reader in Economics of Development at King's College London. He specialises in researching global poverty and inequality, the economics of natural resources, and economic history. He has published widely within these areas, including Who Are the Global Top 1%? and The Economy: Economics for a Changing World. He has also written policy articles for FT.com and has collaborated with Oxfam Mexico to undertake empirical fieldwork in Mexico City, analysing multidimensional inequalities.