Скачать или смотреть NIOS Class 12: National Income ( Economics 318) | Lecture 2 by Himanshu Sir

Welcome to this comprehensive and interactive video lecture on National Income, specially designed for NIOS Class 12 Economics students. This is Lecture 1 in our Economics series (Code: 318), and it marks the beginning of an insightful journey into the world of macroeconomics.

This session is conducted by Himanshu Sir, a highly experienced educator, well-known for his clear explanations and exam-focused approach. Whether you're preparing for your upcoming NIOS board exams or revising for a competitive test, this lecture will provide a strong foundation.

🎯 What You Will Learn in This Lecture:

✅ Meaning and Definition of National Income
✅ Difference between National Income and Personal Income
✅ Basic Concepts – GDP, GNP, NDP, NNP
✅ Factor Cost vs Market Price
✅ Real vs Nominal National Income
✅ Methods of Calculating National Income:
  – Product Method
  – Income Method
  – Expenditure Method
✅ Precautions in Calculation
✅ Limitations of National Income Estimation
✅ Uses and Importance of National Income Data
✅ Common Errors in Understanding the Concept
✅ Model Questions and Expected MCQs
✅ Summary and Quick Revision Points

💼 Why This Chapter is Important for You?

National Income is not only a major topic in the Economics syllabus but also an essential part of understanding the country's economic growth, development and performance. Many conceptual and numerical questions are asked from this chapter in the NIOS Class 12 Economics Exam, and even in competitive exams like CUET, UPSC Foundation, NDA, SSC, etc.

This lecture will help you:

✔️ Score better in Economics
✔️ Understand India’s Economic Health Indicators
✔️ Answer case-based and analytical questions in exams
✔️ Build a strong base for higher studies in commerce, arts, or civil services

🔍 About NIOS and Economics-318 Subject

NIOS (National Institute of Open Schooling) is an initiative by the Government of India for open learning. The Economics subject (Code: 318) is an essential part of the Class 12 Arts/Commerce stream under NIOS. Our lectures follow the official NIOS syllabus and textbook so that you don’t miss anything important.

We cover every chapter in detail, provide solved examples, and also offer practice worksheets and exam strategies in future videos.

👨‍🏫 About Your Educator – Himanshu Sir

Himanshu Sir is known for his result-oriented teaching methods, real-life examples, and student-friendly classes. His mission is to simplify complex concepts and ensure students of NIOS, CBSE, UP Board, and other State Boards understand and enjoy learning economics.

Experience: 10+ years in academic coaching
Specialization: Economics, Business Studies, Political Science
Founder: Vision Education / Vision Warriors

📝 Resources for You
📗 NIOS Textbook: Economics (Code 318)
📂 PDF Notes (Link in future videos)
📋 Practice MCQs and Worksheets
🎯 Short Notes for Revision
📈 Exam Tips and Doubt Classes Available

📅 Upcoming Lectures in This Series:

🔸 Lecture 2: Methods of Measuring National Income
🔸 Lecture 3: Real and Nominal Income with GDP Deflator
🔸 Lecture 4: Difficulties in National Income Calculation
🔸 Lecture 5: Previous Year Questions Discussion
🔸 Live MCQ Test (Chapter 1)

💡 Hit the 🔔 bell icon to never miss these classes!

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💬 Have Questions?
Ask in the comments section or join the next Live Doubt Session every Saturday 7 PM.

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📌 Disclaimer: This video is intended for educational purposes only. All textbook references are from NIOS Economics Book (Code 318). This is not an official video of NIOS but independently created for public benefit.