Precautions | Expenditure Method | National Income| macro economic | class 12 |
Channel: D.C.P. Education
Date: 02/04/2021

Precautions | Expenditure Method | National Income| macro economic | class 12 |

macro economic topic - 
there are four sectors of expenditure method

1st private final consumption expenditure
2nd government final consumption expenditure
3rd tours domestic capital formation
4th net export

national income topic -
the sum total of these four factors is known as GDP mp.

and adjustment on these figures is known as national income

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Latest Method of national income -
https://youtu.be/38H6sXr8AdE

national income and related aggregates-
https://youtu.be/CWBhftqrf-k

national income concepts and terminology-
https://youtu.be/bieLD2vkIKI

Myers of calculating national income-
https://youtu.be/JB97sId0-Bg

precautions of value added method-
https://youtu.be/kq-VvkiZNBk

precautions of income method -
https://youtu.be/TWJg-Vyytk8

income method-
https://youtu.be/2gNbEv6zRPc


sum total of expenditure incurred by the factor of production during the period of one year is known as GDP at mp