Micro- and macroeconomy

microeconomy

household and industry

macroeconomy

household, industry, banks, public sector and overseas

factor market

factors of production to industry, income, profits and interest to household

product market

goods and services to household, payment to industry

real flow

tangible things, ex labour goods services resources

monetary flow

money in exchange for real flow ex income payment profits

factors of production

things needed to produce the products in the industry

natural resources, unlimited

air, water, sunlight

natural resources, raw

oil, metal coal

natural resources, prefabricated

plastic, steel, rubber

labour, manual labour

physical work done by people

labour, human capital

education, experience

capital, working

resources used in production

capital, fixed

long term assets, ex machinery

banks to industry

loans + rent

industry to banks

savings + rent

banks to household

loans + rent

household to banks

savings + rent

household to public sector

taxes, labour

public sector to household

income, public service, subsidies

public sector to industry

public service, payment, subsidies

industry to public sector

taxes, goods+services

overseas to industry

import, goods+services, money

industry to overseas

export, goods+services, money