Instructional Video
Khan Academy

Khan Academy: Gdp and the Circular Flow of Income and Expenditures

9th - 10th
What happens when a good is not finished in a given period? See how to calculate the contribution to GDP over two periods.
Instructional Video
Khan Academy

Khan Academy: Circular Flow of Income and Expenditures

9th - 10th
Understanding the flow of resources in the simplest possible economy. [8:58]
Instructional Video
Khan Academy

Khan Academy: Circular Flow of Income and Expenditures

9th - 10th
In a closed economy, goods and services are exchanged in product markets and factors of production are exchanged in factor markets. In this video [8:58], we explore how to model this in a straightforward way using the circular flow model.