Circular Flow Diagram and Micro vs. Macro

This video gives an overview of the circular flow of economic markets and discusses the difference between microeconomics and macroeconomics.

For more information and a complete set of microeconomics videos, see
http://www.economistsdoitwithmodels.com/microeconomics-101

by Economists Do It With Models

Category:

Education

Tags:

• economics
• microeconomics
• circular
• flow
• diagram

[jodiecongirl]

@MP40mulisha Mayyyyyybe...is it that obvious? :)

[TheWALOS]

Living in a society that essentially coerces you to "rent" yourself out is still slavery, only you get to pick your slave-master.

[legolasl2740]

i like the way that marker sounds ;3

[jayraskin]

There has never been a market in human history without a government. It is like having a human being without a brain. Labor and business is created by government.

What madness to consider labor and business without government - a capitalist utopia.

[Metals999]

Government is the 3rd player or supplier/consumer of goods and services.

[PlayClaner]

@jodiecongirl When you are around the dog & toy all day you filter the sound out, so you almost cant hear it in the video while others notice it fast :-)

[TheHankarens]

thank you



[RosankyRose]

Definitely sounds like a dog having a good time in the background. Cute! Keep up the Good work, jodiecongirl!

[yaycookies14]

@jodiecongirl What about the international sector of the circular flow diagram?

[Rao665]

i just injected into a circular flow...

[bigmare1948]

thank you for your help

[inthebloodcorner]

THIS is what I needed to introduce me to my political economy course! Thank you!