© VIT BUSINESS SCHOOL , VELLORE, TAMIL NADU. NATIONAL INCOME PECIAL THANKS TO Dr. ANNADURAI C PRESENTED BY: ANURADA S. SUJIT KUMAR SHIVAM SETH AURIPRYADARSHNI INDHU RAMCHANDRAN…

PART TWO GDP Growth, and Instability , 6 7 8 9 AN INTRODUCTION TO MACROECONOMICS MEASURING DOMESTIC OUTPUT AND NATIONAL INCOME ECONOMIC GROWTH BUSINESS CYCLES, UNEMPLOYMENT,…

1. Measuring a Nation’s IncomeChapter 23 2. Microeconomics Microeconomics is the study of how individual households and firms make decisions and how they interact with…

1. NATIONAL INCOME 2. NATIONAL INCOME National income is defined as the value of all final goods and services produced by the normal residents of a country, whether operating…

1. ECONOMICS CHAPTERS 7-11 MEASURING TOTAL PRODUCTION GDP! The gross domestic product measure total production Definition> the market value of all final goods and services…

1. OUR MISSION “ To deliver timely, innovative solutions that create profit generating value for our business partners” 2. About Budnick Converting Founded in 1952 Located…

1. SECTORS OF INDIAN ECONOMY Madan Kumar M.A.,M.A.,B.Ed.,M.Phil.,M.B.A., 2. NATURE OF THE ACTVITY BEING PERFORMED PRIMARY SECONDARY TERTIARY Madan Kumar M.A.,M.A.,B.Ed.,M.Phil.,M.B.A.,…

Slide 1100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 300 400 500 200 Basic Economic Concepts Supply and Demand Economic…

Slide 1Calculating GDP Nominal GDP, Real GDP, and the GDP Deflator Slide 2 There are two ways that GDP can increase: 1. An increase in the PRICES of goods and services. 2.…

Slide 1Slides prepared by Thomas Bishop Copyright © 2009 Pearson Addison-Wesley. All rights reserved. Chapter 12 National Income Accounting and the Balance of Payments Slide…