We are now providing some of our resources that are most relevant to you for free, and we are providing a 25% discount on all of the publications at the Council for Economic Education store. Use the promo code TEACHERS25 at checkout to redeem. Offer expires at midnight EST on May 4th. This promotion cannot be combined with other coupons or disc​ounts.

Grade 9-12
Upcoming Webinar

Economics 103: Circular Flow and the Global Economy, Economic Systems

Updated: March 27 2020


Teachers will be able to:

  • Learn key concepts on circular flow, global economy, and economic systems.
  • Learn the importance of circular flow in teaching the economy with leaves and injections.
  • Help students understand the different economic systems and how they answer important economic questions.
  • Evaluate global economies through trade, tariffs, and quotas.

In this economics webinar, teachers will learn about various types of economic systems and how they trade and function.


We will examine the basic theories of Adam Smith and J Keynes as they relate to the circular flow model and see how the various economic systems answer important economic questions. We will look at the global economy and understand the challenges to free trade. Furthermore, we will discuss circular flows and understand resources and products in markets with government or very little government.