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The Circular-Flow Model

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Uploaded by on Sep 18, 2011

This video introduces the circular-flow model of the economy and discusses some of its notable features.

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

by Economists Do It With Models

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Education

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Standard YouTube License

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Uploader Comments (jodiecongirl)

  • Nicely done. The new videos are excellent.

  • @Theo1505 Thanks!  They are a work in progress, but I think I'm moving up the learning curve.

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All Comments (15)

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  • This is awesome. I have the worst economics teacher and these videos help so much!

  • I feel as if she is reading off a screen or something...

  • I understand how households can provide labor and capital to firms in the factor market part of the circular flow model - but land? I don't understand how that works...

  • Isn't it a bit misleading to have four bubbles for govt intervention, with a "firm-side" and a "household-side" potential intervention for each market, instead of simply one bubble for each market? Doesn't that contribute to the illusion that it makes a difference whether you levy a distorting tax on suppliers or demanders, which you're only going to have to debunk later on? But love your videos, though.

  • thanks you made it easy to learn it

  • Great video!! My instructor added the link to your video as a guide on an assignment for Macroeconomics class. Way to go!!!

  • sexy lady

  • Thanks Jodie. The vids are making cramming waay easier than it should be.

    Did you forget enterprise when you were saying the factors of production?

  • well done.....! great job and its realy help full special during exams for review....!

  • jodie your tha bestest...have a 3 scoop ice cream <333 :D

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