Difference between revisions of "Circular Flow Of Income"

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== Definition ==
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'''Circular Flow Of Income''' refers to the fundamental reality that in economic systems monetary flows exhibit a circular pattern of exchange between firms (producers) and households (consumers). This structure is expressed conceptually and mathematically in economic models such as the [[Input-Output Model]] category.
  
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== See Also ==
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* [[Tableau Economique]]
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== References ==
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<references/>
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[[Category:EEIO]]

Latest revision as of 15:57, 28 February 2022

Definition

Circular Flow Of Income refers to the fundamental reality that in economic systems monetary flows exhibit a circular pattern of exchange between firms (producers) and households (consumers). This structure is expressed conceptually and mathematically in economic models such as the Input-Output Model category.

See Also

References