Definition of «marginal effect»

The phrase "marginal effect" refers to the small change or impact that occurs when one additional unit is added or subtracted from a particular situation or condition. It focuses on understanding the outcome of a small adjustment rather than looking at the overall change.

Sentences with «marginal effect»

  • This treatment recognizes that the diminishing marginal effect of additional children is due to economies of scale in consumption and not the age of the children. (in.gov)
  • So, the school has a slightly larger influence on the cognitive engagement over the emotional, but it's still a relatively marginal effect on engagement. (teachermagazine.com.au)
  • The same marginal effect of student loans holds true even at the graduate school level. (studentloanhero.com)
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