Explore the economics of event-based tourism with Taylor Swift's 2024 Singapore concerts as our case study! This video breaks down the ripple effects of direct, indirect, and induced spending, while explaining the Keynesian multiplier effect. We also delve into potential drawbacks like displacement and inflation. Learn how economic theories like Keynesian economics, supply and demand, and externalities help us understand the complex economic landscape of mega-events.
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#taylorswift
#singapore
#eventstourism
#economicimpact
#multiplier
#keysianeconomics
#supplyanddemand
#externalities
#concerts
#tourism
#economics
#eventmanagement
#eventplanning
