Video - circular flow of income

How an economy works - an overview of the movement of money and real variables between households and firms, and the impact of injections and withdrawals
http://uk.youtube.com/watch?v=gaEY-p-21F8

Notes on the circular flow of income

s-cool notes: http://www.s-cool.co.uk/alevel/economics/aggregate-demand-and-aggregate-supply/the-circular-flow-of-income.html

tutor2u notes: http://tutor2u.net/economics/content/topics/macroeconomy/circular_flow.htm

Phillip's water tank model to explain the economy

http://www.guardian.co.uk/business/2008/may/08/bankofenglandgovernor.economics
A sensation when it was unveiled at the London School of Economics in 1949, the Phillips machine used hydraulics to model the workings of the British economy.

http://www.nzier.org.nz/Site/about/NZIER_Moniac.aspx

video - circular flow of income

How an economy works - an overview of the movement of money and real variables between households and firms, and the impact of injections and withdrawals
http://uk.youtube.com/watch?v=gaEY-p-21F8