Multiplier effect
Objectives
Usually
refers to the second-round
effects on the level of economic activity
and employment resulting from an initial
expenditure (eg when
injection of
employers or a new project spend their
V
consumer
earnings and SO increase
demand). Local and regional multipliers
are commonly used to assess the effects
of urban and regional
regional policies. The
term is sometimes also used instead
of Gearing, but this is not preferred
usage.
statement of what is
achieved
planned
to
be
(usually outputs) by when
and at what cost. A quantified objective
is
usually called a target. Final
objectives of a policy (sometimes called
ultimate
objectives) should
relate
to the aims of the department and the
benefits of the policy; intermediate
objectives should contribute to the
final objectives, and the link
them generally represents
and-effect' assumption.
between
a 'cause-
Objectives
should be realistic
in relation
to
the
resources
available,
but
the
achievement
of them may depend
also
on assumptions made about other factors
in the
the environment.
In
case this
the
objective should be
set using the best
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