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Income method

Lesson 9 of 13 • 7 upvotes • 10:01mins

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Antara Mahanta

This lesson is the explanation of the income method to calculate GDP. Here, the terms, budget deficit and trade deficit is defined. We also learn about how we can state investment is equal to savings in this very lesson. This lesson is based on the CBSE Class XII Economics syllabus.

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1

Course Overview

5:00mins

2

Basic Concepts of Macroeconomics Part 1

9:32mins

3

Basic Concepts of Macroeconomics Part 2

9:15mins

4

Factors of Production

9:12mins

5

Circular Flow of Income

6:50mins

6

Calculation of National income

7:59mins

7

Product method

10:47mins

8

Expenditure method

10:55mins

9

Income method

10:01mins

10

Some Macroeconomic identities 1

8:33mins

11

Some Macroeconomic identities 2

9:44mins

12

Goods and prices

11:06mins

13

GDP and Welfare

8:19mins

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