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English · हिन्दी · తెలుగు · தமிழ் · മലയാളം · मराठी · ಕನ್ನಡ

National Income

National Income for UPSC Prelims and Mains, taught in 1 parts. Each part has tables, exam traps, a recap and practice questions, and every paragraph is explained in Tamil.

Parts of this chapter

Part 1

Concepts and aggregates: GDP, GNP, NDP, NNP and the prices behind them

What national income measures and how: value added and double counting, the circular flow and the three methods, GDP and GNP, gross and net, market prices, basic prices and factor cost, real and nominal values and the GDP deflator, what is counted and what is not, and the limits of GDP as a measure of welfare.

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