The Circular Flow of IncomeQuick View
george_frostgeorge_frost

The Circular Flow of Income

(1)
Students will understand the key economic theory of the circular flow of income. The lesson reflects on value added and national income. The lesson also includes theory the difference between nominal and real data and the goods and factor markets. The lesson includes a clear run through of how the circular flow if income is connected, and the different leakages and injections into an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a fun group task.
A Level Economics - Circular Flow of IncomeQuick View
driventowindriventowin

A Level Economics - Circular Flow of Income

(0)
Resources produced for Edexcel Specification but can be used for all boards. Package includes: Presentation Student Booklet Lesson Plan Recap Activities Designed to be taught after Aggregate Supply in Theme 2.
Aggregate Demand, Aggregate Supply, Circular Flow of Income, Real vs Nominal GDP, AD AS DiagramsQuick View
llywelynmorrisllywelynmorris

Aggregate Demand, Aggregate Supply, Circular Flow of Income, Real vs Nominal GDP, AD AS Diagrams

(1)
Outstanding A-Level Economics Macro work booklet / worksheets covering: Circular Flow of Income, Injections and Leakages of Income Aggregate Demand (AD) Aggregate Supply (AS) AD AS Diagrams Real vs Nominal Data Gross Domestic Product (GDP) Advantages and Disadvantages of Economic Growth and Development The booklet includes a multitude of Students Tasks, including having to shift the AD and/or AS Curves on 30+ diagrams. The booklet also contains a 5-page long Homework Section. The booklet also includes excellent Revision Notes on the Circular Flow of Income, the relationship between GDP per capita and Welfare, and the weaknesses of using GDP data as a measure of Economic Development. Finally, a list of Key Terms and Formulas are included at the back of the booklet. This document will save you HOURS (!) of preparation, and is suitable for both Edexcel and AQA syllabuses.
Circular flow of income - Injections & withdrawals - A Level EconomicsQuick View
mrzee1mrzee1

Circular flow of income - Injections & withdrawals - A Level Economics

(0)
This double lesson introduces learners to the circular flow of income, we start by looking at what this model is and how it is made up. We look at the difference between income and wealth before looking at injections and withdrawals into the circular flow. Animated diagrams of the circular flow to show how money circulates between the parties. A number of consolidation tasks including a 6 mark exam question - all with answers provided. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you
The Circular Flow of Income GameQuick View
annadavis23annadavis23

The Circular Flow of Income Game

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A classroom game that demonstrates the circular flow of income. Split your class into households and firms and give them the corresponding worksheet. You need to cut out the slips at the end of the document. There are two rounds to this game. At the start of the first game allocate households factors of production and allocate firms money. The initial allocation of factors of production represents wealth and I divided these unequally between the households but distributed money certificates equally between firms to see who is a better businessman. I did a ratio of two money certificates for every one factor of production so the equilibrium wage should be two (don't let the students know this though). Any unused factors of production represent unemployment and should be taken off households at the end of the game. In the second round change the firms factors of production into goods and services. I did one factor of production equals one goods and services. Ask firms to calculate there profits at the end of the game and find out who were the best business people. Ask the students to draw what they saw in the game. Then ask the students what is missing from the closed economy model.
Circular Flow of Income QuizQuick View
james_abelajames_abela

Circular Flow of Income Quiz

(2)
This Excel Spreadsheet just helps students to remember the items in the circular flow of income. The sheet is protected, but there is no password if you want to change the formulae. Ideal as a Starter or quick Plenary.
Circular Flow of Income/MoneyQuick View
galkin_pavel07galkin_pavel07

Circular Flow of Income/Money

(0)
Circular Flow of Income/Money is covered by students who are doing Foundations of Economics Module. In this File you will find: - 1 Circular Flow of Income/Money Lecture Power Point Presentation - 1 Seminar Plan - 4 Different Exercises and case studies for practice during Seminar - Teacher Notes with all detailed answers All materials are covered by Bachelor Level students.
Circular Flow Of IncomeQuick View
TeacherCentralTeacherCentral

Circular Flow Of Income

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Edexcel Economics A Theme 2: The UK Economy - Performance and Policies Lesson 13 - Circular Flow Of Income Pearson Edexcel Level 3 Advanced GCE in Economics A (9EC0) Part 1 of 3 FREE Lesson From this Unit: https://www.tes.com/teaching-resource/-12803159 This SoW is designed in detail to be clearly differentiated and engaging. Using the latest researched teaching and learning techniques, such as Retrieval Practice and Dual Coding. This SoW allows you to move pupils through content efficiently. Each SoW is sequenced clearly and in line with the Edexcel Specification. A colour scheme also runs throughout to ease both your delivery and students’ comprehension. Each theme is broken down in three parts, due to Tes’ limitation on Bundle sizes, with the first lesson of each bundle being free, so that you can see if these resources are for you. We provided an email address that is monitored daily, if you have any questions or issues with this purchase (teachercentralltd@gmail.com). Below is a break down of the Bundle. Theme 1 (Part 1 of 3): Lesson 1 - Aggregate Demand Lesson 2 - Consumption Lesson 3 - Consumption Part 2 Lesson 4- Investment Lesson 5 - Government Spending Lesson 6 - Net Exports Lesson 7 - Aggregate Demand Recap Lesson 8 - Aggregate Demand presentation preparation Lesson 9 - Long-run Aggregate Supply (LRAS) Lesson 10 - Short Run Aggregate Supply Lesson 11 - AD and AS Lesson 12 - AD and AS Exam Question Lesson 13 - Circular Flow Of Income Lesson 14 - Multiplier Lesson 15 - Purchasing Power Parity (Independent Lesson) Lesson 16 - Economic Growth Lesson 17 - Happiness Lesson 18 - Inflation Lesson 19 - Inflation Measures Lesson 20 - Deflation Any question please do feel free to get in contact: teachercentralltd@gmail.com Tes Teaching Store: https://www.tes.com/teaching-resources/shop/TeacherCentral Best FREE Resources (Teacher Central) https://www.tes.com/teaching-resource/britain-losing-and-gaining-an-empire-12973075 https://www.tes.com/teaching-resource/financial-literacy-12898983 https://www.tes.com/teaching-resource/romeo-and-juliet-12908635 https://www.tes.com/teaching-resource/shakespeare-12908634 https://www.tes.com/teaching-resource/macbeth-gcse-12863697 https://www.tes.com/teaching-resource/animal-farm-free-sow-12942163 (FREE SoW) https://www.tes.com/teaching-resource/slavery-sow-12843084 (FREE SoW) https://www.tes.com/teaching-resource/russia-1917-91-from-lenin-to-yeltsin-12834552 https://www.tes.com/teaching-resources/shop/TeacherCentral?sortBy=lowestPrice&p=5
Aggregate Demand (Circular Flow of Income)Quick View
Outstanding_ResourcesOutstanding_Resources

Aggregate Demand (Circular Flow of Income)

(0)
This is a whole lesson on the key concepts of Aggregate Demand. Aggregate demand is an important cornerstone to fiscal policies and this lesson looks at what makes it up, plus the importance of Average Propensity to Consume (APC) and average propensity to save (APS) and the multiplier effect. This lesson is ready to go and is great for home learning. 17-slide presentation + resources. The lesson includes: Starter (quick activity) Learning Objectives (differentiated) Article (interesting look at the problem of AD in Africa) Keywords Great Teaching Slides (including a very clear slide on the circular effect of income) Handout - Circular Flow of Income (to support student notes) Key Questions Worksheet (Multiple Choice) with answers Plenary ALL LESSONS for teaching all the different topics of the economics syllabus are available as one BIG BUNDLE in the link below: Economics: ALL LESSONS ALSO: Please provide a RATING with written feedback Please email outstandingresourceshelp@gmail.com if there are any issues and we will respond within 24 hours Lessons are flat-packed (limited editing) for copyright purposes Thank you in advance for your support, purchase and feedback #economics #edu #econs #parents #teacher #teachers #education #curriculum #learning #students #engagement #studentengagement #globaled #stem #onlinelearning #commoncore #highered #middleschool #highschool #highschoolecons #business #economy #finance #politics #economist #entrepreneur #macroeconomics #microeconomics #money #internationaleconomics
A/AS Level Economics (Macro) - Circular Flow of Income and the MultiplierQuick View
MattCleeveMattCleeve

A/AS Level Economics (Macro) - Circular Flow of Income and the Multiplier

(0)
This resource introduces the Circular Flow of Income model and the Multiplier. It is aimed at Year 12 students (AS Level) and is a foundation for the A Level course. The following resources are included: Revision notes for students (2,000 words / 6 pages). Typical exam questions (15). Model answers. All resources are in Microsoft Word format (so that you can amend them if you wish). You are welcome to print / copy these resources for your students, or put on your internal VLE – but please do not share with other institutions or put on an external website. The following concepts are covered: ■ The Circular Flow of Income, including injections and withdrawals. ■ Measuring the size of the economy: National Output/Income/Expenditure. ■ GDP & GNP. ■ Nominal vs Real rises in GDP. ■ Income vs Wealth. ■ The Multiplier effect. ■ Average vs Marginal propensity to consume / save. ■ Calculating the multiplier (incl. marginal propensity to save, tax & import).
Circular flow of income (AS-level Economics)Quick View
smith_michaelsmith_michael

Circular flow of income (AS-level Economics)

(0)
AS-level Macroeconomics lesson on circular flow of income (suitable for AS-level and IB Economics). Includes: PowerPoint (with learner activities) Step-by-step student help for drawing the circular flow of income diagram Recap of Production Possibilities Curves Explanation of leakages and injections Critical thinking student activities on how circular flow might change Link to Keynes documentary and accompanying worksheet Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
The Circular Flow of Income - Escape RoomQuick View
HDLouiseHDLouise

The Circular Flow of Income - Escape Room

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Escape room activities that are the perfect supplement for any business course! An interactive escape room lesson that introduces students to the topic of the circular flow of income. There are six fun task cards that include activities relating to the circular flow of income. Lesson Objectives: • To be able to understand the circular flow of income. • To be able to explain the different sectors of the circular flow of income. Included: Six task cards PowerPoint with starter and plenary Lesson Plan Answer sheet for teacher Answer sheet for students
Circular flow of income and the multiplier effectQuick View
a.colgravea.colgrave

Circular flow of income and the multiplier effect

(0)
The presentation includes an explanation and diagram of the circular flow of income and includes an explanation of injections and leakages. The presentation then describes the significance of the multiplier effect based on our average and marginal propensities to consume and save. There are calculation exercises for the propensities and the size of the multiplier.
Economics:The Circular Flow of Income  (NEW SPEC) - EdexcelQuick View
doingmylatincwdoingmylatincw

Economics:The Circular Flow of Income (NEW SPEC) - Edexcel

(0)
A whole lesson and powerpoint (20+ slides). This resource is excellent for teaching (self or to others) and goes into great depth with the all important exam practice/technique in mind. This lesson will ensure your students/you master the topics well and have an understanding of how it integrates into Economics. This is aimed at A-Level/IB students who take the Edexcel exam board but can be applied to any exam board with similar content. Also has a lesson on the chains of analysis on the results of leakages and injections in the circular flow of income.