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Circular Flow of Income
Economics · Chapter 18 · 6. National Income
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Your path through this chapter
Visual lesson Beta
- Part 1: The Two-Sector Model17 slides
- Part 2: Government, the World, Leakages and Injections17 slides
Flashcards Beta
30 cards for quick recall of key terms and facts.
Review the cards Step 3: Not startedPractice
74 board-style questions with instant checks: Multiple choice 23, Short answer 21, Long answer 8, Numerical 6.
Practise Step 4: Not startedChapter test Free
Short and long chapter tests in board pattern, with results and analysis.
Step 5: Not started- Chapter test (long) — Circular Flow of Income · 40 marks · 100 min
- Chapter test (short) — Circular Flow of Income · 20 marks · 50 min
Topics 3
- Two-sector model: households and firms; real and money flows
- Three-sector model with government; four-sector model with the rest of the world
- Leakages and injections