Have you been considering GDP & GNP as the same all this while? This course on National Income Accounting will explain in detail the concepts that are crucial to understand the Income activity of the country as a whole. The course begins with an overview lesson which states the objective of the course, what it aims to provide, the target audience and the list of lessons & concepts that will be covered in the lessons that follow. The first lesson explains in grave detail the concept of Gross Domestic Product, commonly referred to as GDP. The definition is broken down into parts and efficiently explained. The second lesson continues with the explanation of important terms such as economic territory, the difference between a citizen and a resident etc. The next lesson highlights the key features of the concept of Gross National Product. He also explains the two categories of National Incomes Aggregates. The lesson ends by providing the explanation of computing of National Product. In the next lesson the presenter highlights the concepts of 'Net' & 'Gross' and how they differ from each other. The presenter begins the lesson by providing the definition of 'net' and related concepts such as depreciation. Tags: National Income Accounting India, National Income India, Gross National Product, Gross National Product in India, UPSC Lecture, UPSC Free Lessons, UPSC Free Online Videos, UPSC Economy, Economy for UPSC CSE, UPSC Online, UPSC Exam, UPSC Examination, UPSC IAS Exam, IAS Questions, Indian Administrative Service, IAS Preparation, IAS Exam Syllabus CSE Exam, CSE Syllabus, Economy UPSC Important Topics, Indian Economy, National Income Accounting Methods.