Flow Economic

Flow Economic

Flow, Economic, the movement of a commodity or service or security to or from a market or within the economy as a whole. For example, the current production of goods such as coal, steel and wheat involves flows on to the markets as distinct from stocks, or their amount or volume accumulated at a point in time. The concept of economic flows in a country as a whole, as of consumption, investment and production and variations in them, are used in modern theories of employment and the trade cycle.

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consumeraffairs.org.uk

Since then his writings have in turn been increasingly reinterpreted as a special case both by some followers and by some economists who had not wholly accepted his writings. The content of economics is in a state of change, and this consumeraffairs.org.uk site is therefore not a final statement of economic doctrine.

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