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.
In this “National Income - Applied Economics” you will learn about following topics:
- Introduction to National Income
- National Income Accounting
- Various Concepts of National Income Accounting
- Gross Domestic Product (GDP)
- Gross National Product (GNP)
- Net National Product (NNP)
- National Income (NI)
- Personal Income (PI)
- Disposable Income (DI)
- Methods of Measurement of National Income
- Product/ Value Added Method
- Income/Factor Income Method
- Expenditure Method
- Difficulties in Measurement of National Income
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BCA 6th Semester Applied Economics Notes:
Unit I: Introduction Of Economics - Applied Economics
Unit II: Theory Of Consumer Demand - Applied Economics
Unit III: Analysis Of Cost And Revenue - Applied Economics
Unit IV: Theory Of Production - Applied Economics
Unit V: Product Pricing - Applied Economics
Unit VI: Factor Pricing - Applied Economics
Unit VIII: Theory Of Employment - Applied Economics
Unit IX: Consumption Saving And Investment Functions - Applied Economics
Unit X: Business Cycle - Applied Economics
Unit XI: The Mechanism Of Foreign Exchange - Applied Economics
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