To study circular flow, learners use the plans to trace through a series of interconnected economic and financial flows to explain the workings of the American economy. They use the model developed to comprehend the effects of Federal...

It doesn't take a lecture on economics to convince teenagers that one's wants often exceed one's means, but this presentation will hopefully help them to understand the discrepancy. Using an example of pizza and robot arms, the slides...

In this Circular Flow worksheet, students label or explain each of twelve flows shown in a model, then answer several in-depth questions about each.

Agribusiness, human capital, productivity. Find out what your class members know about economic systems and terminology with this two-page economics worksheet that that asks kids to identify terms and concepts.

Visible Thinking Routines are designed to help learners deepen their understanding of what they are learning and enable them to communicate their understanding of concepts to others. Individuals adopt one of these routines to use to...

High schoolers investigate the concept of having an income as part of an economic system. They use the circular flow model to describe monetary policies. Students explain how policies of government influence the redistribution of income...

Students review the elements of an economic system. Using a circular flow model, they explain the flow of money, products and factors of production. They identify transactions that would occur in the product and factor markets.

Sixth graders examine the causes of the stock market crash of 1929.  In this integrated math/history unit on the stock market, 6th graders study, research, and read stocks, visit a local bank, and create a PowerPoint to show the...

Students create a flow chart explaining the duties of the elected officials of the state of Illinois. They use quantum learning activities to remember specifics.

Students create models of the three major types of volcanoes and determine how a volcano's shape is related to the type of material erupted. They then observe a demonstration that simulates the nature of two volcanic materials: lava and...

In this economics worksheet, students respond to 72 short answer and problem solving questions regarding the study of macroeconomics.

Practice what you have learned about the circular flow model and how gross domestic product (GDP) is calculated in this four-question exercise.

This site shows the flow of payments for the factors of production and for finished products by using the Circular Flow Model.

A summary of the circular flow model which demonstrates the interdependence of households and firms in a market system.

This site uses an interactive Circular Flow Model to show the flow of payments for the factors of production (rent, wages, and interest) along with payments for finished goods and services. Questions are provided which ask the user if a...

Explains how resources, goods and services, and payments flow through the economy using the economic model of circular flow.

By the end of this section, you will be able to interpret a circular flow diagram, explain the importance of economic theories and models, and describe goods and services markets and labor markets.