Aggregate Expenditure Multiplier

This credential documents competencies including compilation and analysis of economic data to forecast trends and determine the impacts of public policies and business decisions. Economic professionals also project future production and consumption of resources, conduct research on economic issues and disseminate findings through reports that inform decision-making by business and public policy leaders. Specifically, this badge demonstrates the earner's ability to describe how real GDP interacts with expenditure plans and equilibrium expenditure, explain the expenditure multiplier, and derive the AD curve from equilibrium expenditure.