And to be even more specific and clarify...
Of the two tracks that circumnavigate the Seven Seas Lagoon, the inner track goes clockwise, and stops at the MK, Contemporary, TTC, Poly, GF, and then MK, and is called the resort monorail; the outer track travels counter-clockwise and only stops at the TTC, MK, and then back to the TTC, going through but not stopping at any of the resort stations, and is called the Magic Kingdom express monorail.
The loop to EPCOT is a single loop that travels clockwise between the TTC and EPCOT.
-R