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CLASS 12 ECONOMICS MACRO ECONOMICS NIA

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Course offered by Pankaj Bhanwani

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National Income Accounting

  • As per CBSE Syllabus
  • Objective Type Questions and Subjective Type Questions
  • Approx 10 classes
  • Notes and Assesment provided
  • After the syllabus completion also help and solutions are provided
  • CBSE previous year questions discussed
  • National Income and Related Aggregates What is Macroeconomics? Basic concepts in macroeconomics: consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation. Circular flow of income (two sector model); Methods of calculating National Income - Value Added or Product method, Expenditure method, Income method. Aggregates related to National Income: Gross National Product (GNP), Net National Product (NNP), Gross Domestic Product (GDP) and Net Domestic Product (NDP) - at market price, at factor cost; Real and Nominal GDP GDP Deflator, GDP and Welfare
  • Numericals on Output method Income and Expenditure method
  • Numerical on Real GDP and Nominal GDP
  • Assertion and reason type questions
  • Match the following and true /False questions
  • Many More and learning ............

About the Trainer

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Pankaj Bhanwani

Master of Arts (M.A.) from DSE in 2002

I am a school teacher with 17 years + experience in teaching economics.

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