National Income | Detailed ONE SHOT | Zero to end. Class 12 Macro Economics | Board exam 2024.

In this video, Sunil Sir has revised the entire National Income chapter of Economics Class 12th CBSE.

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Topics Covered.
0:00 - Introduction.
00:07 - Four sectors of an economy.
03:52 - Circular flow of income.
09:05 - Phases of circular flow of income.
12:41 - Types of circular flow.
16:31 - Difference between stock and flow.
20:36 - Types of goods in the economy.
34:38 - Difference between final goods and intermediate goods.
39:05 - Question no.1.
43:32 - Basic formulae of conversion.
55:15 - Question no.2.
1:06:18 - Question no.3.
1:10:52 - Methods of estimation of national income.
1:14:06 - Production method.
1:22:01 - Question no.1.
1:25:43 - Question no.2.
1:29:23 - Question no.3.
1:32:07 - Question no.4.
1:35:08 - Question no.5.
1:38:05 - Question no.6.
1:42:27 - Income method.
1:47:50 - Question no.1.
1:52:21 - Question no.2.
1:54:00 - Question no.3.
1:57:38 - Expenditure method.
2:11:50 - Question no.2.
2:14:01 - Question no.3.
2:17:14 - Question no.1.
2:22:21 - Question no.2.
2:27:22 - Question no.3.
2:31:33 - Question no.4.
2:38:15 - Question no.5.
2:46:33 - Question no.6.
2:47:05 - Precautions regarding production method.
2:51:30 - Problem of double counting.
2:55:52 - Precautions regarding income method.
2:59:22 - Precautions regarding expenditure method.
3:02:18 - Meaning of National Income.
3:03:30 - Inclusions in Domestic territory.
3:05:35 - Exclusions in domestic territory.
3:06:30 - GDP & Welfare.
3:09:06 - Exceptions of GDP welfare.
3:16:52 - Difference between Real GDP & Nominal GDP.
3:20:59 - GDP Deflator/Price Index.
3:23:47 - Components of NFIA.
3:25:10 - Difference between Depreciation & Capital Loss.

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National Income | Detailed ONE SHOT | Zero to end. Class 12 Macro Economics | Board exam 2024. #cbse