Lesson 7 of 13 • 9 upvotes • 10:47mins
This lesson discusses the product method of calculating national income accounting. Here, the terms, inventories, gross domestic products and net domestic products are discussed. This lesson strictly follows CBSE Class XII Economics syllabus.
13 lessons • 1h 57m
Course Overview
5:00mins
Basic Concepts of Macroeconomics Part 1
9:32mins
Basic Concepts of Macroeconomics Part 2
9:15mins
Factors of Production
9:12mins
Circular Flow of Income
6:50mins
Calculation of National income
7:59mins
Product method
10:47mins
Expenditure method
10:55mins
Income method
10:01mins
Some Macroeconomic identities 1
8:33mins
Some Macroeconomic identities 2
9:44mins
Goods and prices
11:06mins
GDP and Welfare
8:19mins