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01:01 Circular Flow Diagram Circular Flow Diagram	Circular Flow Diagram Circular Flow Diagram circular flow market diagram labor goods firms households circular respect flow trade government economy complexity complications bit benefits salaries wages payment arrows From Richard Gosselin 0 likes 0 Creative Commmons License Attribution: CC BY
06:02 Basic Concepts Basic Concepts	Basic Concepts Covers normative and positive economics, the circular flow and marginal analysis financial markets normative economics marginal analysis economy. statements. therefore create models statements decision theory microeconomists macroeconomics autonomy economics terminology business terms concept positive economics decision economic theories question households production statement income microeconomics questions. circular production and manufacturing political terminology circular flow interest government marketing sociological terminology problems generally accepted accounting principles macroeconomic services statement. microeconomic difference normative business law commerce institute industry supply chain management terms companies forms of government banking customs duties demography positive consumer theory accountancy effects firms decisions goods o'clock model questions economy market factors jobs alright hour game From Richard Gosselin 0 likes 0