THE CIRCULAR FLOW MODEL
The Circular Flow Model is an economic model which is used to show the flow of transactions
i.e. money and goods and services throughout an economy. (economic
Case Title: _Alisons Coffee Shop_
Student Name: _Abdulhadi al mutlaq
Case summaries must be submitted before class
starts on the due date. No late submissions.
NOTE: Please use this form to answer the questions below. Download thi
Were in a currency war. One of
the easier ways to stimulate your
economy is to weaken your
Gary D. Cohn, President and Chief Operating Officer, Goldman Sachs, USA
YOUR MARKET UPDATE
WHATS GOING ON
IN THE ECONOMY?
Production Possibilities Curve (a.k.a. Production Possibilities Frontier) Lets use the Production Possibilities Curve (PPC) to examine opportunity cost. PPC - shows the maximum amount of goods and services that can be produced, for a given level
Aggregate Expenditure and Equilibrium Income
We will assume that: There is no depreciation is no depreciation There are no indirect taxes Net payment to foreign factors of production is nil Therefore, GDP, Net Domestic Income , and Gro
The Industrial Revolution and the Rise of the West.
Bob Allen Professor of Economic History Oxford University Graham Lecture, 2008
Why are some countries rich and others poor?
Since 1500, incomes have risen in most of the world, however:
Incomes have ris