National income is the sum of the income of all individuals in a certain period of time or one fiscal year. Individuals income mainly defines as the money value of his/her earning from productive activities, currently rendering by his /her properties.

National Income - Applied Economics

In this “National Income - Applied Economics” you will learn about following topics:

  1. Introduction to National Income
  2. National Income Accounting
  3. Various Concepts of National Income Accounting
  4. Gross Domestic Product (GDP)
  5. Gross National Product (GNP)
  6. Net National Product (NNP)
  7. National Income (NI)
  8. Personal Income (PI)
  9. Disposable Income (DI)
  10. Methods of Measurement of National Income
  11. Product/ Value Added Method
  12. Income/Factor Income Method
  13. Expenditure Method
  14. Difficulties in Measurement of National Income

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BCA 6th Semester Applied Economics Notes Pdf: