Circular Flow

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

The circular flow model illustrates how households and firms interact in markets by exchanging resources, goods and services, and money in a continuous loop of economic activity.

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Course curriculum

1. What is the Circular Flow?
2. Measuring GDP
3. The Spending Loop Illusion
4. Hayek's Stages of Production
5. Interest Rates as Traffic Signals
6. Capital Misallocation
7. The Artificial Boom
8. Why the Bust Follows
9. The Economy's Self-Correction
10. Article: Why Do Politicians Focus on Macroeconomics?
11. Advanced Practice

Additional National Income and Price Measurement Modules

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Economics Olympiad Prep Modules

Use these modules to prepare for success in the Economics Olympiad competition.

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Course curriculum

Content

Additional National Income and Price Measurement Modules

GDP new

Inflation

Economics Olympiad Prep Modules