Circular Flow...of Economics

So I showed some video excerpts today that should have clarified some confusion regarding supply, demand, money, and economic policy. There was a reading about So I showed some video excerpts today that should have clarified some confusion regarding supply, demand, money, and economic policy. There was a reading about the Wizard of Oz as a metaphor for turn-of-the-century monetary policy in the U.S. as well as some Simpsons clips demonstrating some economic principles (elasticity, consumerism, etc.). I hope you learned something and have read the Ch. 5 - Market-Clearing Price packet for Thursday's lesson and Friday's quiz (last one!). Tomorrow we will be in the CCC, so I get a day off. See ya...